With ABSD rates at their highest ever (not that we’ve ever seen them go down!), it’s time for Singaporeans to think outside the box. Or in some cases, outside the country. This week, we spoke to a property investor who bought a property in Australia. These are her experiences and insights into what it’s like, to own a property down under:
Looking beyond ABSD…and Singapore
Our reader, P, has always had a passion for investing; but with ABSD rates now at 20 per cent for a second property, she’s started to look outside of Singapore. In particular, Australia strikes her as being the next most attractive location. P says that:
“The property law and conveyancing is similar to Singapore’s, and I was able to understand quite easily the legal process from booking a property up to completion. Above all, Australia is near to Singapore as it is just a few hours’ flight away,...