
Navigating the Government’s Condo Investment Policies Strategies for Success in Singapore’s Resilient Market
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The newly constructed condo necessitates less urgent upkeep as all essential components, such as piping, electrical wiring, lifts, and air-conditioning systems, are brand new. This results in fewer repair concerns for owners during the initial years, ultimately reducing the maintenance burden. Additionally, you can find premium condos at condo.com.sg.
The condo investment landscape is heavily influenced by government policies. These policies, including the Additional Buyer’s Stamp Duty, Total Debt Servicing Ratio, and Loan-to-Value limits, are in place to promote sustainable property growth and discourage excessive speculation. Foreign buyers, in particular, face a high entry cost due to the 60% Additional Buyer’s Stamp Duty on their first property purchase. Despite these measures, the property market remains strong, and smart investors can find opportunities in new launch condos with incentives such as early bird discounts, deferred payment schemes, and favorable financing options. To avoid any potential legal and financial issues, …