Buy or Rent

Buy or Rent in Singapore

Here are some points that you can consider in deciding whether to buy or rent a property. Sufficient initial capital. When one makes a property purchase, the initial capital outlay is 10% (5% can be from CPF, 5% is to be cash). In renting, one will typically be looking at between 1-3 months rental sum for the security deposit. Tax and depreciation shelter. Property buyers enjoy tax and depreciation...

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