therock Supersonic July 5, 2018 Share July 5, 2018 (edited) Only impact 2nd property buyer ma. Might curb the speculative investors but shd be good news for 1 time buyer right? Yep, and it won't affect first time buyers where the couple has decoupled so they can keep their current place.. BTW if one has a HDB, can you buy a new one then sell the current flat? Or is there a grace period? Edited July 5, 2018 by therock ↡ Advertisement Link to post Share on other sites More sharing options...
Newbie26 Hypersonic July 5, 2018 Share July 5, 2018 This will dampen sentiments and put a brake on the rising prices However, those who have been put off by the ABSD for past 5 years are not contributing to the recent rise The first time buyers and enbloc buyers are unlikely to be affected If the rapid rise is solely due to these two groups plus cash rich foreigners, then impact will be limited in reversing the trend Probably a slower rise or flattened prices https://www.straitstimes.com/business/property/higher-stamp-duty-rates-for-home-purchases-and-tighter-loan-limits 9 Link to post Share on other sites More sharing options...
Wt_know Supersonic July 5, 2018 Share July 5, 2018 ah gong huat ah! hk also no fight ... lol http://money.cnn.com/2015/11/24/news/singapore-millionaires/index.html ah gong jealous of those enbloc millionaires must take some back from them to help poor peasants like me Link to post Share on other sites More sharing options...
Sadan 6th Gear July 5, 2018 Share July 5, 2018 Swee lah! News purposely comes out at 7pm to leave everyone no time for reaction. Have. All reacting now. *LAUNCHING TONIGHT* -PARK COLONIAL -RIVERFRONT -STIRLING Other developers giving discounts for purchase before 12 midnight 2 Link to post Share on other sites More sharing options...
Mercs Hypersonic July 5, 2018 Share July 5, 2018 Thats why I say. The process of Think liao with the intention to buy. Else will be MTB Not Mountain bike but Missed the boat. But as long as you have all the correct needs , the next time it readjusted, should be a good bet. I am wondering why they increase when actual fact, the maket just recovered only. https://www.todayonline.com/singapore/raising-additional-buyers-stamp-duty-rates-and-tightening-loan-value-limits-promote-stable?cid=TODAY%2a Procrastinators already missed few boats, one during the downturn when psf cheaper, now another when absd tax was lower."Why increase?" As mention always, ahgong happy to collect more taxes. COE keep dropping which means less taxes collected, have to find another ave to cover? ;) LOL ... now the absd tax(12%) even higher than the 15Q downturn (11.6%) total! With high GLS/Enbloc bids/high new launch sell psf, and now with even higher absd, it just got even more expensive to buy. So congrats to those not sold/stay vested with properties no absd/lower absd For those who sold/not vested wanna get back in the game ... not so good news, keep waiting! Huat ah! 9 Link to post Share on other sites More sharing options...
Silver_blade Turbocharged July 5, 2018 Share July 5, 2018 Have. All reacting now. *LAUNCHING TONIGHT* -PARK COLONIAL -RIVERFRONT -STIRLING Other developers giving discounts for purchase before 12 midnight Mai Tu Liao.....developers will want to sell as many units as they can. No need to ballot now. 1 Link to post Share on other sites More sharing options...
therock Supersonic July 5, 2018 Share July 5, 2018 Well if they price the Stirling right, it will still fly off the shelves.. 2 Link to post Share on other sites More sharing options...
Sadan 6th Gear July 5, 2018 Share July 5, 2018 Yep, and it won't affect first time buyers where the couple has decoupled so they can keep their current place.. BTW if one has a HDB, can you buy a new one then sell the current flat? Or is there a grace period? Must sell matrimonial home within 6 months of keys collection. Subject to T&C. Well if they price the Stirling right, it will still fly off the shelves..Heard some stacks available for sale only. 3 Link to post Share on other sites More sharing options...
Roh96 6th Gear July 5, 2018 Share July 5, 2018 Really mai tu liao. Tonight chiong condo showroom, weekend chiong car showroom. So exciting! 4 Link to post Share on other sites More sharing options...
therock Supersonic July 5, 2018 Share July 5, 2018 Really mai tu liao. Tonight chiong condo showroom, weekend chiong car showroom. So exciting! Actually for those who aren't affected, it's a great time to wait.. let the developers simmer and then grab the condo at lower prices.. Link to post Share on other sites More sharing options...
Mkl22 Twincharged July 5, 2018 Share July 5, 2018 Thats why I say. The process of Think liao with the intention to buy. Else will be MTB Not Mountain bike but Missed the boat. But as long as you have all the correct needs , the next time it readjusted, should be a good bet. I am wondering why they increase when actual fact, the maket just recovered only. https://www.todayonline.com/singapore/raising-additional-buyers-stamp-duty-rates-and-tightening-loan-value-limits-promote-stable?cid=TODAY%2a I think govt really no money. Actually for those who aren't affected, it's a great time to wait.. let the developers simmer and then grab the condo at lower prices..I doubt will lower by much. Once the market is on the bull, people just Chiong first. 1 Link to post Share on other sites More sharing options...
Roh96 6th Gear July 5, 2018 Share July 5, 2018 Actually for those who aren't affected, it's a great time to wait.. let the developers simmer and then grab the condo at lower prices..True lah. Just sit back and relax. Let the bull fight the policy maker and see who win. I think govt really no money. I doubt will lower by much. Once the market is on the bull, people just Chiong first. COE revenue drop so target property to cover the gap? Haha Link to post Share on other sites More sharing options...
Sadan 6th Gear July 5, 2018 Share July 5, 2018 Actually for those who aren't affected, it's a great time to wait.. let the developers simmer and then grab the condo at lower prices..Dun think will drop much cause developers bought high then. Think at most will not increase as fast haha Link to post Share on other sites More sharing options...
Roh96 6th Gear July 5, 2018 Share July 5, 2018 Dun think will drop much cause developers bought high then. Think at most will not increase as fast hahaMaybe future size might get even smaller to make it affordable. Developers are unlikely to lose money. Link to post Share on other sites More sharing options...
Ignissport 4th Gear July 5, 2018 Share July 5, 2018 Coe drop so they need to make up for it...hence higher absd only 1 winner... 2 Link to post Share on other sites More sharing options...
Alfc 5th Gear July 5, 2018 Share July 5, 2018 Have. All reacting now. *LAUNCHING TONIGHT* -PARK COLONIAL -RIVERFRONT -STIRLING Other developers giving discounts for purchase before 12 midnight The turnout will give a glimpse of the number of borderline buyers in the market. 2 Link to post Share on other sites More sharing options...
Silver_blade Turbocharged July 5, 2018 Share July 5, 2018 The turnout will give a glimpse of the number of borderline buyers in the market. My friend went to one of the showrooms, full of buyers waiting for their turned be buy. Link to post Share on other sites More sharing options...
Aventador 6th Gear July 5, 2018 Share July 5, 2018 Huat ah! Govt Huat ah! If only people knew how much the government is paying civil servants. I am not even talking about the PAP ministers/MPs. Really is Govt Huat ah.. there is a huge imbalance now ↡ Advertisement 1 Link to post Share on other sites More sharing options...
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