5/23/2019
Look out for the Safety Measures Before Taking a Step into Private House property - Google Docs
Look Out For The Safety Measures Before Taking A Step Into Private House Property
The tapestry showflat of the lovely Singaporean culture can be very in mida ng. By having a single look people fall in love with the architectural beauty. Condo ats are supposed to be like this, gleaming with all the gli er and gold. But before you get carried away in the shining armour let us talk about some preserving measures. These measures will form part of your family needs, ďŹ nancial needs, and probably some cultural needs too.
https://docs.google.com/document/d/14figYlrrR2Tz6uYk6lPc7R4MZh6A15EAx7Dzyj0E0uc/edit?ts=5ce67ecf#
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5/23/2019
Look out for the Safety Measures Before Taking a Step into Private House property - Google Docs
Also, the changing regula ons of Singapore market should affect your buying decision. With this fair objec ve look down the ps to consider before you seal the deal on any Condo.
● Know about Additional Buyer Stamp Duty Although the ABSD rules are really impac ul for the second me buyers, the revised rates of the stamp duty will affect the private property buyers. As part of the calcula on, the first- me buyers of private condo need to consider ABSD as a temporary adjustment. Later upon assessment, the government checks whether he or she owns a different house. If yes, then has he sold the same in the 6-month window. So as a novice buyer, you need to know what rates prevail in Singapore. Currently, the ASBD rates have changed from 7% to 12%.
● Learn the Property Tax benefits
https://docs.google.com/document/d/14figYlrrR2Tz6uYk6lPc7R4MZh6A15EAx7Dzyj0E0uc/edit?ts=5ce67ecf#
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5/23/2019
Look out for the Safety Measures Before Taking a Step into Private House property - Google Docs
Owning a private property condo and living in the same are two different ideas. A person can be the owner of a different tapestry Singapore but will live only in one. The property tax benefits apply to the house you are going to live in (Note: it still has to be your first-private property). Such owners enjoy a lower tax rate compared to investors. Thus, make sure you compare the rates before paying any vague amount. Now we come to the essen al ameni es and appearance of the Condo. This must affect your buying decision more than any other factor.
● Ask what you are paying for It might sound very irrita ng to sound pe y ques on to the manager of the associa on. But it is a good prac ce on the buyer’s part. As a prospec ve homeowner, enquire for every single detail about the property. Talk essen al about the ameni es includes in and around the Condo. Cause that’s where all your money will be going…. You might also here a term “Associa on fees” which is generally charged for the maintenance of common ameni es. Thus, the ques on that should come rising is; what are those shared facili es you will be enjoying with the condo.
https://docs.google.com/document/d/14figYlrrR2Tz6uYk6lPc7R4MZh6A15EAx7Dzyj0E0uc/edit?ts=5ce67ecf#
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Look out for the Safety Measures Before Taking a Step into Private House property - Google Docs
● Look around the city
Let us stop you before the magnificent beauty of Condo lures you inside. Even with all the ameni es at the place and at an affordable price, the condo is not perfect just yet. When you start a new life with your family, the facili es around the city also ma er. Look around the beauty of the tapestry Tampines and check whether it has a supermarket, transporta on medium, schools and colleges at a fair distance. Make sure you take a round on these 4 ps before inves ng your money on any house. Private ownership has its own perks. However, condo ownership and Singapore rules can make a difference if you have other needs.
https://docs.google.com/document/d/14figYlrrR2Tz6uYk6lPc7R4MZh6A15EAx7Dzyj0E0uc/edit?ts=5ce67ecf#
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Look out for the Safety Measures Before Taking a Step into Private House property - Google Docs
Contact Us Company Name : The Tapestry condo E-mail : gurdip@mediagenesis.com.sg Address : Tampine St 86 City : Singapore Phone : +65 9009 1172 or +65 9488 4904 Website : https://tapestrycondo-sg.com
https://docs.google.com/document/d/14figYlrrR2Tz6uYk6lPc7R4MZh6A15EAx7Dzyj0E0uc/edit?ts=5ce67ecf#
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