When considering investing in condos in Singapore, it is essential to take into account the government’s property cooling measures. Through the years, the Singaporean government has implemented several measures to control speculative buying and maintain a steady real estate market. These measures include the Additional Buyer’s Stamp Duty (ABSD), which imposes a higher tax on foreign buyers and those acquiring multiple properties. While 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. Additionally, with the availability of various Singapore Projects, investors can carefully choose the right property for their investment.
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