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I am a PR, looking to buy a condo (preferably freehold) for own stay. Budget approx S$750k (limited by the cash available). Looking for at least 2 BR. Is there any available ? How much cash would be required 9other than 20%) ?

Is Q1 2011 the right time to buy or shall i wait till Q2 ?
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2 Answers

Hi Koushik Kundu,

I am not sure if you have read about this.

The latest update is as follows:

1) Sellers Stamp Duty (SSD) period is now 4 years.
2) SSD rates are now 16%, 12%, 8%, 4% for residential properties bought on or after 14th Jan 2011 and are sold in the first, second, third, fourth year respectively.
3) Lower Loan-To-Value limit (LTV) to 50% on housing loans for property purchasers who are not individuals.
4) Lower the LTV from 70 to 60% for individuals with one or more outstanding housing loans at the time of new housing purchase.

If you require further assistance, feel free to give me a call through my mobile at +65-81577565  . Thanks. Read More
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Hi Koushik

The beauty of the Singapore property market is we have developments, locations and prices to suit everyone so there really is no time as a bad time to purchase property here.

Please do not hesitate to call me if you need any help at all.

Regards
Samantha
HSR
 97638313  Read More
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