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For a 2nd property, a HDB owner will have to set aside $61,500 as of Jul 2010 in each of their CPF account which can be made up of (Ordinary + Special + Special Investments).
A HDB owner will only enjoy subsidise tax on the 1st residential property, subsequent property will have to pay tax at a rate of 10% the annual value. Read More
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  • ST
    is there also a limit to how many times one can use the cpf to purchase investment property exception for the limitation of $ in the accounts of course.
  • ST
    Thanks, will that be the same tax, ie 10% for every investment property?

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