Recently, someone sold their 5-room HDB flat in Henderson Drive for a whopping S$1.4 million, and it is not uncommon in Singapore. In fact, from 2021 alone, sales in luxury apartments and real estate such as Good Class Bungalows (GCB) have doubled. It may seem like a lucrative business to start piling up residential properties as a potential investment. However, the government has stopped the trend with cooling measures such as Additional Buyer Stamp Duty (ABSD) and Seller Stamp Duty (SSD). In fact, from 9 May 2022, The Ministry of Finance announced that ABSD will now be 35%. This does not count the other cooling measures implemented in 2020, such as the Total Debt Servicing Ratio (TDSR) threshold and the lowering of HDB loan limits. With residential (and commercial/industrial) properties being a hefty investment requiring huge capital, investing in real estate in Singapore can be challenging. However, what if you...