A crucial aspect to take into consideration for investing in high-rise condos in Singapore is the government’s property cooling measures. In an effort to regulate speculation and maintain a steady real estate market, the Singaporean government has implemented several measures over the years. These include the Additional Buyer’s Stamp Duty (ABSD), which levies higher taxes on foreign buyers and those purchasing multiple properties. Although these measures may affect the immediate profitability of condo investments, they ultimately contribute to the long-term stability of the market, creating a more secure investment environment for high-rise condos. High-rise condos are subject to these regulations, but they also offer a promising opportunity for long-term growth.
To avoid any potential issues, investors must ensure they are well-informed and cautious in their financing decisions. This includes thorough research and understanding of the TDSR, seeking guidance from experienced advisors, and considering all available financing options. By being responsible …