Courtesy of: iMoney.sg

 

The 2 Most Important Aspects of the Jan 12 cooling measures

1) Changes to downpayment for 2nd and subsuquent properties

2)Additional Stamp Duties payable for 2nd and subsequent properties

Why pay for ABSD?

The extra ABSD that one has to pay for a 2nd property puts a hefty burden on the buyer,

but why are people still buying their 2nd/3rd property and still paying for it?

Click below to know their rationale!

http://propertyfreedom.net/why-buy-a-property-now-and-have-to-pay-for-absd/