0:33: 💰 The podcast discusses the potential benefits and considerations of owning a second property as an investment. 1:13: Considerations include whether two properties are truly better than one, and whether a second property should be viewed as a form of inheritance for kids. 3:47: 💰 The video discusses the important factors to consider when buying a second property, focusing on affordability, intent, and eligibility. 4:11: Regulations and thresholds set by banks are in place to prevent overleveraging when obtaining a loan for a second property. 6:54: 🏠 The video discusses the importance of reviewing and refinancing mortgages, as well as the impact of new laws on property transactions. 7:38: The introduction of the Additional Buyer's Stamp Duty (ABSD) trust has implications for property purchases, with a 35% duty for properties bought under a trust. 10:12: 🏠 Discussion on property ownership, selling, and taxes for a second property. 13:32: 💰 The video discusses the Total Servicing Ratio (TSR) and its impact on borrowing for properties, including the difference between residential and commercial properties. 14:25: Consideration of commercial properties as an alternative investment due to different borrowing regulations and absence of additional buyer's stamp duty 17:49: Consider purchasing a second home while prices are affordable for the benefit of your children. 20:23: 🏠 The video discusses the differences between buying a property for investment and buying a second home for personal use. 23:15: 💰 It's important to consider expenses, potential returns, and market trends before investing in property. 26:48: 💰 Considerations for using CPF for property purchase and potential financial implications. 27:39: Refunding CPF amount may require cash from pocket or impact deposit for new property purchase. Recapped using Tammy AI
Unlike whatever country as per troll, Singaporeans interests are taken care of or protected first, definitely. The government opens doors for foreign investors or investment to provide more jobs for Singaporeans and those serving National Service not only builds up their strong character but keeping Singapore safe and secure as such should be praised and honoured.
Property repossession risk is not zero. In land-scarce Singapore, that is a real risk. Whether there's a train line being laid out through your unit, or new laws passed to limit property ownership, there are several angles that could see the Land Acquisition Act enforced and you are forced to sell your properties. If environmentalists get their way, whatever undeveloped land may become protected and remain untouched, and attention immediately goes to the large swathes of landed properties like Serangoon Gardens.
"We intend to keep the value of these homes up, it will never go down. Because it will be renewed, the surroundings will improve, and as Singapore prospers, GDP goes up, the value of homes will go up." Lee Kuan Yew 2013
the man is dead and this only works if wages are keeping pace with GDP. Unfortunately for most sinkies, salaries have been in the doldrums for decades.
"If native Singaporeans are falling behind because "the spurs are not stuck into the hide," that is their problem." Lee Kuan Yew January 2010 issue of National Geographic magazine
Unlike Malaysians, Singaporeans interest are not taken care of or protected first. Government open doors for foreigners invasion yet make Singaporeans serve National Service is disgusting n betrayal
You are free to leave Singapore if its that bad, you know. Singapore does not restrict its people from renouncing their citizenship and go live elsewhere.
Unless SG Government can come clean with its of Weaponising Pty Ownership ( inherited from LKY’s Bad Habit ) , it’s not safe to Own Ptys in SG … As 2nd & 3rd Generation Living Victims of State Induced Terrorism , think We should know a little about such matters… The Ram Singh Family 😊
0:33: 💰 The podcast discusses the potential benefits and considerations of owning a second property as an investment.
1:13: Considerations include whether two properties are truly better than one, and whether a second property should be viewed as a form of inheritance for kids.
3:47: 💰 The video discusses the important factors to consider when buying a second property, focusing on affordability, intent, and eligibility.
4:11: Regulations and thresholds set by banks are in place to prevent overleveraging when obtaining a loan for a second property.
6:54: 🏠 The video discusses the importance of reviewing and refinancing mortgages, as well as the impact of new laws on property transactions.
7:38: The introduction of the Additional Buyer's Stamp Duty (ABSD) trust has implications for property purchases, with a 35% duty for properties bought under a trust.
10:12: 🏠 Discussion on property ownership, selling, and taxes for a second property.
13:32: 💰 The video discusses the Total Servicing Ratio (TSR) and its impact on borrowing for properties, including the difference between residential and commercial properties.
14:25: Consideration of commercial properties as an alternative investment due to different borrowing regulations and absence of additional buyer's stamp duty
17:49: Consider purchasing a second home while prices are affordable for the benefit of your children.
20:23: 🏠 The video discusses the differences between buying a property for investment and buying a second home for personal use.
23:15: 💰 It's important to consider expenses, potential returns, and market trends before investing in property.
26:48: 💰 Considerations for using CPF for property purchase and potential financial implications.
27:39: Refunding CPF amount may require cash from pocket or impact deposit for new property purchase.
Recapped using Tammy AI
Unlike whatever country as per troll, Singaporeans interests are taken care of or protected first, definitely. The government opens doors for foreign investors or investment to provide more jobs for Singaporeans and those serving National Service not only builds up their strong character but keeping Singapore safe and secure as such should be praised and honoured.
Property repossession risk is not zero. In land-scarce Singapore, that is a real risk.
Whether there's a train line being laid out through your unit, or new laws passed to limit property ownership, there are several angles that could see the Land Acquisition Act enforced and you are forced to sell your properties. If environmentalists get their way, whatever undeveloped land may become protected and remain untouched, and attention immediately goes to the large swathes of landed properties like Serangoon Gardens.
So What is the UPDATE on ISWARAN CORRUPTION Case ?
"We intend to keep the value of these homes up, it will never go down. Because it will be renewed, the surroundings will improve, and as Singapore prospers, GDP goes up, the value of homes will go up."
Lee Kuan Yew
2013
the man is dead and this only works if wages are keeping pace with GDP. Unfortunately for most sinkies, salaries have been in the doldrums for decades.
"If native Singaporeans are falling behind because "the spurs are not stuck into the hide," that is their problem."
Lee Kuan Yew
January 2010 issue of National Geographic magazine
@@mrtienphysics666 Lol u must have a LKY shrine in your toilet.
@@hgft274 "If nobody is afraid of me, I’m meaningless."
Lee Kuan Yew
Thumbs up! Words of wisdom
Great one
Isn't absd for buying in trust 65% instead of 35%?
house turns into an asset only when you are not staying in it, then u can rent it out and generate income for you while waiting for the capital gains.
Don't be greedy be rich..u don't need much $$$ to live..let other's have a chance to live.
Host is financially illiterate, just let the guest talk.
when even the comments is full of bots ...
you can only believe yourself.
S'poreans are very rich indeed. The govt has enabled abundant job opportunities with high wages to be available for the people.❤❤
Not true lah
Don't buy 2nd property and you can sleep peacefully
No it’s not!!!!!!!!!
Let me say. Be careful you can be charged for money laundering.
Look at those owning multiple property, they have multiple lovers
Unlike Malaysians, Singaporeans interest are not taken care of or protected first. Government open doors for foreigners invasion yet make Singaporeans serve National Service is disgusting n betrayal
You are free to leave Singapore if its that bad, you know. Singapore does not restrict its people from renouncing their citizenship and go live elsewhere.
Changi airport is open 24x7. You can hop on a plane and leave anything
😂😂😂 u migrate to Malaysia lor.
@@1965Singaporean Parasite, sup?
Unless SG Government can come clean with its of Weaponising Pty Ownership ( inherited from LKY’s Bad Habit ) , it’s not safe to Own Ptys in SG … As 2nd & 3rd Generation Living Victims of State Induced Terrorism , think We should know a little about such matters… The Ram Singh Family 😊