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Take note there is a Seller Stamp Duty. Selling on year1 which will cost you 16% SSD. 2)12% 3)8% 4)4%. So it really depend on how much your property worth at 2014.

Feel free to contact me. My company has many new project on hand.

David Tan
Huttons Asia Pte Ltd
 91458704 
davidtan.huttons@gmail.com Read More

Hi Newbie,

In the past, before the policy of Seller Stamp Duty was implemented, yes, many investor makes money buy and sell before or upon TOP.

Now, as David has mentioned, because of the SSD, this will take away all profits you might have made. A condo of $1M, if you sell within 2nd year after buying, you will need to pay SSD of $120K. Think the profit made might not be enough for cover this. So, I would say you would definitely lose money.

Please feel free to drop me an email or call me directly for a non-obligation discussion. Alternatively, we can also meet up to discuss at your convenient time and place.

Thank you & Best Regards
J.A.Goh
HP: 9639 0350 
ERA Senior Marketing Director
CEA Reg No. R025894Z
CEA License No. L3002382K
www.gohjaERA.myweb.sg
Email: gohja@singnet.com.sg Read More