5 Answers

D. Kumar

To be able to assist you succinctly, perhaps you could share more inputs , so that I can conduct a comprehensive calculation and exhibit your yield and % growth. It will be more beneficial.

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D Kumar
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Aaron Chong
Hi, I would need the full details of your unit before I could advice further. As for selling of the unit, it would be best to first get the valuation from the banker and that would be the benchmark. Pls feel free to let me know if you need any banker’s contact or any other assistance.

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Nick Tan
Dear Sir/Mdm,

You will need the property to appreciate by about 8 to 10% to break even. Please feel free to share with me more about your objectives so that I can understand your situation better and provide you with further assistance!

Nick Tan
(M) +65 9644 4854
(E) nick96444854@gmail.com
Visit my website to know me better: www.nicktan.com.sg

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Robbie Chen Chee Howe

It depends on when did you purchase the property. If you had just purchased it, and wish to sell it immediately, you will be liable for a 12% Seller Stamp Duty (SSD).

If you had held it for 1-2 years, then SSD will be 8%. If u had held it for more than 4 years, then there will not be any SSD.

You might also want to factor in the Agent's commission, Legal conveyancing fees, Bank early redemption fee etc when you work out your calculations.

Should you need any further assistance in matters relating to property, please contact me at my mobile 9748 6305. I will be happy to assess and share with you the possibilities for you and your partner in the current market.

Thank you.

Best regards,
Robbie Chen
9748 6305
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Shawn Chew

Since it is a rented out unit, i would assume it is a 2nd property with 7% ABSD? + 3% BSD (total 10%)

And just drawing a ball park figure say 910K for property price.

as long as you hold after the SSD period, you should break with 10% gain by selling at 1m. Maybe we can meet up to further discuss and look at the details.

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