Advice We Make 300k Per Annum. Should We Pay ABSD For A 2nd Property For Investment When We Own A 5-Room HDB?

  • September 9, 2022
  • 12 min read
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Stacked

Stacked is an online editorial aimed at helping Singapore home buyers, sellers and renters make better decisions. By regularly conducting research and publishing our findings, we hope to give our readers a much better perspective on buying, selling or renting Singapore real estate.

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Kopi lim
Kopi lim

300k? Of course

Ultra Shiny Marines
Ultra Shiny Marines

It appears that readers of this website tend to be amongst the higher income earners and wealthier people in Singapore, like me. Am a landlord who lives in a freehold landed property and owns a three-bedroom condominium which is rented out for easy income every month. Me and my wife easily earn more than $300k a year.

Ultra Shiny Marines
Ultra Shiny Marines

By the way, my three-bedroom condominium is freehold too.

Ultra Shiny Marines
Ultra Shiny Marines

In addition, my landed property is fully paid up.

kopi lim
kopi lim

That’s the way bro, earn easy money from foreigners on expat packages!

Come lim kopi with me while we laugh at bagholding HDB owners, lol!

Ultra Shiny Marines
Ultra Shiny Marines

Thank you Bro! Have also contributed to nation building as we paid ABSD (at 12%) for the freehold condo.

Stacked Homes
Stacked Homes

Lol you guys are hilarious

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