Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 Buying subsale, better to wait after June?

views
     
Sesshoumaru
post Mar 22 2019, 05:24 AM

Regular
******
Senior Member
1,190 posts

Joined: Jan 2003
Woah wait a sec, I have not looked at it in detail but dors this means the stamp duty exemptions for properties up to 1 mio till end June only applies to developer units?
Sesshoumaru
post Mar 22 2019, 12:29 PM

Regular
******
Senior Member
1,190 posts

Joined: Jan 2003
QUOTE(ricadoe @ Mar 22 2019, 05:45 AM)
Yes. For first time buyers.
*
QUOTE(cococonutseller @ Mar 22 2019, 07:05 AM)
I see.. clear now..

Yes... unfortunately.. under a situation where loan is not a problem, purchasing a 700k subsale and 1mil developer unit require the same down payment.. aiks..
*
I have been running around with the idea that the exemptions also applies to subsales so long as its first property and done before 30 June... How gravely mistaken I was. The media prints didn't emphasis much on this.

So no reason to rush a subsales 700k unit before 30th June.

 

Change to:
| Lo-Fi Version
0.0141sec    0.41    6 queries    GZIP Disabled
Time is now: 16th December 2025 - 02:36 AM