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99-to-1 property share split illegal?

The Singapore tax authorities known as Inland Revenue Authority Singapore (IRAS) has launched an audit of private property purchases. Their focus: 99-to-1 property ownership in Singapore that has been used as a loophole, to avoid Additional Buyer’s Stamp Duty (ABSD). If you’re looking to invest in Private properties in Singapore and have been pitched a … Read more

This Singaporean invests in a dozen US properties. Here’s how he did it

In Singapore, owning a property is often seen as a symbol of wealth and success, which is why many people covet them as investments. With rising property prices and a range of cooling measures in place, such as higher stamp duties and tighter loan-to-value limits, investing in Singapore properties has become less financially rewarding for … Read more

This Budget is going to create more million-dollar HDBs

The latest Singapore Budget has a slew of policy changes to properties. TikToker @househuntwithjoo did the breakdown and the math so you don’t have to: Private properties have only one adjustment: Buyer’s Stamp Duty (BSD) If you’re buying private properties between S$1.5m to S$3m, you will have to pay an additional 1%, up from the … Read more

2022 Singapore Property Cooling measures! If you’re in these 7 different groups, watch out!

The last cooling measure was just implemented on 16 Dec 2021. On 30 Sept 2022, the Singapore Government announced yet another round of measures to cool the private residential and HDB resale markets. Unlike previous broad based measures, these measures are a lot more targeted. We will talk about a few scenarios and show some … Read more