What is the development prospect of real estate in Singapore? What should I pay attention to when buying a house abroad?

The supply and demand are unbalanced, and the demand for buying a house remains unchanged. Recently, Singaporean government departments released a report on population industry, and it is estimated that the total population of China will reach 6.5 million to 6.9 million in 2030. On the premise of encouraging childbearing, the state also introduces1.5 ~ 25,000 new immigrants every year, and approves more than 30,000 foreigners to become permanent residents.

Singapore government departments are committed to cracking down on real estate demand. If the supply is not improved, the consequence will be to delay the need for all people (Singaporean China citizens, permanent residents and foreign buyers) to buy a house. With the implementation of round-by-round regulation, Singapore's real estate supply has not improved much. Although nearly 200,000 new residential enterprises will be completed in Singapore in the next four years. But now the market supply and demand are extremely unbalanced.

In the next decade, a large number of apartments in Singapore will be 40 years old. If these houses are demolished and rebuilt, according to the current construction and supply speed, it will not be able to meet the real estate needs of the existing and future population in recent years.

Although the newly revised stamp duty on additional buyer's contract can reduce the speculation and speculation of the house, it also makes everyone aware of the use value of the house and does not sell it casually, which makes it more and more difficult to buy a house, and then it will become a high demand situation in the sales market.

Singapore investment housing tax BuyerStampDuty (BSD for short) is a tax to be paid when buying various properties in Singapore. AdditionalBuyerStampDuty (ABSD) is a tax levied by the government to cool residential real estate. On February 8, 20 1 165438, the government announced the collection of ABSD. At this stage, foreign buyers must pay 20% ABSD.

What should I pay attention to when buying a house abroad? Distinguish between property rights and current policies

Understanding the corresponding laws, regulations, policies and years of housing property rights is an important guarantee for buying a house overseas. For example, if you want to invest in immigration, you should pay close attention to the corresponding new immigration policies and changes in your country and region, and you need to know the procedures, thresholds, steps, regulations, responsibilities and control rights before and after immigration investment. Some foreign property rights are sustainable, some include land resources, and some can be given to children. You must find out the status of the house property right certificate to prevent disputes.

Main loans and taxes

Loan tax is usually one of the biggest headaches for buyers. Taxes and service charges are different in different countries and even in every place and place, so buyers should pay close attention to them and make a careful inspection. Some countries can provide foreign buyers with more convenient and quick loans, while others may have many restrictions. Property buyers should consider the key points of loans and preferential tax policies at the first time, and find out the planned costs and the approximate taxes and fees that need to be paid for buying a house.

Bargaining should be appropriate.

Buying a house overseas can lower the price, but some China buyers bargain at a high price, which makes people feel that you are insincere and thus lose the opportunity. In fact, countries with relatively perfect real estate industry generally don't ask for prices at will when selling real estate. So when bargaining, there is no need to bargain sharply.

Attach great importance to the effectiveness of real estate agents.

Unlike in China, the general buyers want to buy a house overseas. The first step must be to find a real estate agent. Foreign housing brokers generally abide by professional ethics, so there will be no phenomenon that brokers cheat buyers, and even brokers will take the initiative to help buyers pick small problems in their houses, so we should pay attention to the effectiveness of brokers.