Wednesday, September 11, 2013

Updates

Wow, its been so long since we had an update!
I just saw this on a facebook post and I wanted to share it out with you guys! Property market is just so crazy now!
Today latest news:
Proposal on RGPT:
- Property sell within 2 year, goes up to 30% tax
- property sell within 3 yrs, is 15%
- property sell within 4 yrs, 15%

Loan amount reduce to 60% for 3rd property

Stamp duty increase:
- 5% of purchase price for 3rd property
- 7.5% for 4th property
- 10% for 5th property and beyond.
on today news.

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