Property Market Sentiments

[etan]

NTL,
This is a unique case. Why would anyone wants to sell his property 20% off the market value at this moment? Would it be a case of under declaration in the eyes of IRAS? Or could it be the seller knows something which the buyer does not know yet?

Talking about stamp duty, anyone can advice or tell me more about the "consideration or value, whichever higher"?

The scenario is, if a property is valued at $1,000,000 and is sold at $800,000, then how do IRAS calculate the stamp duty? One agent told me that they will use $800,000. Can I trust him?

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Can anyone tell me if a property which has been bought in April 2010 and to be sold now, what are all the fees incurred? Or where or which website to check?
People say if you sold your rental property anytime even with profit, you must have a place for investing your relised capital; If not do not sell, True?

Hi Uncle Temperament,

Whether have a place to invest or not, it not critical. Just like shares. Sell already must have another one to invest? Sometime we do hold cash and wait for better opportunity. So same for property, we can always hold and wait for better opportunity.

Of coz, everyone operate differently, so can't speak for everyone.