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 Service Apartment and Condominium, What different between this two!!!

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extremeondirt
post Feb 13 2015, 03:43 AM

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QUOTE(phlegmon @ Dec 28 2014, 04:56 PM)
Agreed.... all serviced apartment is under schcedule H in HDA act... has been enforced fully... buyers will be protected under the law.the only thing in the grey area is all the SOHO,SOFO,SOVO,etc
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Does this also means subsale service apartments would be exempted from GST once it kicks in? Only worry customs will review their policy and sapu service residence alltogether for GST.
extremeondirt
post Feb 13 2015, 07:36 PM

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QUOTE(Babizz @ Feb 13 2015, 09:52 AM)
Exempted.. 100% sure.. wont change one la. no worries abt service apartment. Its those short term flippers of SOVO SOXO SOFO tht shld be the most worried. even if u invested into those its nt gona be easy to sell la.
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Thanks for your feedback Sifu! notworthy.gif
extremeondirt
post Feb 13 2015, 07:57 PM

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QUOTE(Babizz @ Feb 13 2015, 08:41 PM)
Im no sifu  cry.gif  cry.gif but what apartment u wanna buy? BBB campers ask ppl to buy before GST to nt get charged GST on lawyer fee, furniture, renovation etc Wthr condo or apartment, u would still hv to pay gst for all dis other things. I would still wait fr a goodbuy rather than rush into buying as its a bit too late to nt gt the GST effect  biggrin.gif  biggrin.gif  biggrin.gif
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Im looking at ohako at the moment, still contemplating on it as the location is not the most ideal..but low entry cost which is what attracts me. But the spa signing will be on may only. Still cant escape all the gst for lawyer fee etc rite?

 

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