Consider renting or buying a house in Singapore. What are the advantages and disadvantages of buying a house in Singapore?

The advantage of Singapore's investment in buying a house is its high rental return rate and unlimited potential for rising house prices.

The latest report shows that the rental return rate of private apartments in Singapore is between 3% and 4%, which is much higher than that of Guangfo in the north. As a city country, Singapore's social and economic development is inseparable from foreign talents. According to the population industry report released by the Singapore government on 20 13, it is estimated that by 2030, the population of Singapore will be about 6.9 million, of which about 2.5 million will also be migrants.

According to the current population replacement rate, Singapore must add more than 1.5 to 25,000 new citizens and more than 30,000 new permanent residents every year to ensure the stable population growth. In addition, as an island country, Singapore can only rely on reclamation projects to expand land resources, but the total demand is very limited. Scarce soil resources and growing population ensure the value of land. At present, the government departments intend to curb housing prices, Singapore's housing market has a lot of room for improvement.

The ecological environment protection is excellent, and the big cities are relatively intelligent.

Singapore is the most livable city in Asia in the latest ranking of global livable cities released by consulting management company Mercer. For Singapore, which has always been famous for its ecological environment and urban planning and construction, this result is not surprising. Long-term fresh air, water and food security, a large number of vegetation coverage, complete transportation and public facilities have become the first choice for many people to live and work in peace and contentment.

In addition, the high intelligence of urban planning and construction in Singapore is another attractive highlight. Different ideas, such as networking of service items in social development units and intelligent settlement communities, make residents' lives more convenient and faster.

Culture, education and medical equipment are leading the world.

According to the latest report of overseas scientific research, more than two-thirds of China clients who inquired about Singaporean real estate in the first half of October/October/June said that their children's education was the driving force for their project investment, and his choice was wise. In the 20 15 ranking of China's education field published by the Global Economic Cooperation Organization, Singapore ranks first in the world. The combination of Chinese and western, all-round and traditional teaching methods is the ideal teaching mode that many parents want their children to accept. Singapore's medical services are famous for their high quality.

In recent years, government departments have also vigorously promoted the diagnosis and treatment economy and medical tourism, and the classic inspiration has turned Singapore into a regional medical center. Because the most important thing is flexible competitiveness, high-quality theoretical and practical diagnosis and treatment have verified Singapore's developed level and great temptation, and will eventually become a propeller for the sustainable development of the property market.

The quality of the project is guaranteed and the supporting facilities are complete.

Singapore's personal development plan needs strict examination and supervision. The whole process of development, design, construction and acceptance has been nearly many years, and the quality can be guaranteed. Most apartment projects have complete supporting facilities, and swimming pools, fitness clubs, spas, barbecue areas and activity places are standard configurations of apartment buildings, which are rare in some countries. In addition, Singapore's property management is also the world's leading, regardless of new and old houses, comprehensive and intelligent service projects can fully reflect investors' peace of mind and profits.

The borrowing cost is low and the additional tax is low.

According to the latest policy of foreigners buying houses, foreign investors need to pay 18% contract stamp duty when buying houses in Singapore. For foreign customers, Singapore's loan policy is relatively loose, with no threshold and low rate. The maximum loan amount for the first suite is 80%.

Disadvantages of Singapore's investment in buying a house Singapore's real estate has a service life.

Housing ownership in Singapore is not a permanent property right. In Singapore, there are three types of housing ownership: government departments have only 99 years of housing ownership, and they will be owned by government departments after the expiration; After buying an apartment building with land planning, real estate developers only have 99 years of property rights or two divisions in 1999; There is also a residential property right that belongs to land resources in 999 or permanently.

Land price and business scale

Although the income is stagnant, the only way for real estate developers to match your affordable price is to make small businesses and make money. Therefore, house prices are likely to remain for a long time, while the price per square meter continues to rise.

Foreigners have to pay huge real estate taxes.

Only local China citizens can buy apartments, but foreign investors can't buy applications. Generally speaking, apartments in Singapore will not have shortcomings. Like those in China, they will be purchased according to access conditions, qualifications and needs. It is equivalent to affordable housing in China. Many Singaporeans live in buildings, which are cheaper than apartment buildings. In addition, buying a house in Singapore needs to pay huge real estate taxes like in the United States.

Policies and regulations are dedicated to defining or realizing requirements.

Property management services can be restricted or directly restricted, such as prohibiting foreigners from buying land resources in Singapore. Relevant regulations, such as "Additional Buyer's Contract Stamp Duty" (ABSD), have raised the price bastion for foreigners to purchase the second and second assets with SPR in Singapore and Singaporeans. The stamp duty on sales contracts (SSD) is to prevent speculators from buying real estate in a short time, and it also reduces the "requirements", which is not in line with the facts. The total debt repayment ratio (TDSR) ensures that people who want to buy real estate can really afford it.