Hi,
Can anyone advise what the typical monthly or yearly costs are for maintenance fees, property tax etc when you own a condo?
Thx
SINGAPORE EXPATS FORUM
Singapore Expat Forum and Message Board for Expats in Singapore & Expatriates Relocating to Singapore
Additional costs with owning a condo....
-
keepitreal
- Regular
![Regular]( "Regular")
- Posts: 55
- Joined: Wed, 20 Jun 2007 5:16 am
- Location: UK
Maintenance and Sinking Fund total about $200-400 per month.
Property Taxes @ 10% of annual rental ... $4000per month.
Fire insurance for housing loan?= $200 per annum.
TV license fee @ $110per annum.
Repair and maintenance @ $1000 per annum.
Income tax on the rental return...(depending on personal income tax bracket)
Property Taxes @ 10% of annual rental ... $4000per month.
Fire insurance for housing loan?= $200 per annum.
TV license fee @ $110per annum.
Repair and maintenance @ $1000 per annum.
Income tax on the rental return...(depending on personal income tax bracket)
-
keepitreal
- Regular
![Regular]( "Regular")
- Posts: 55
- Joined: Wed, 20 Jun 2007 5:16 am
- Location: UK
do you still need to pay property tax if you are living in the place?
Owner Occupied properties enjoy a tax rate of 4%.
http://www.iras.gov.sg/irasHome/page03.aspx?id=2954
http://www.iras.gov.sg/irasHome/page03.aspx?id=2954
-
- Similar Topics
- Replies
- Views
- Last post
-
-
Anyone got their Citizenship approved without owning a HDB?
by devaraj1 » Mon, 09 Aug 2021 10:32 am » in PR, Citizenship, Passes & Visas for Foreigners - 2 Replies
- 2078 Views
-
Last post by singaporeflyer
Thu, 12 Aug 2021 3:15 pm
-
-
-
additional employment request
by little chicken » Sun, 14 Jul 2019 10:28 am » in Business in Singapore - 9 Replies
- 2953 Views
-
Last post by sundaymorningstaple
Sun, 14 Jul 2019 7:19 pm
-
-
-
PR application No place for additional document or Certificate
by abhi200211 » Mon, 23 Sep 2019 9:18 pm » in PR, Citizenship, Passes & Visas for Foreigners - 2 Replies
- 3062 Views
-
Last post by sundaymorningstaple
Tue, 24 Sep 2019 3:15 pm
-
-
-
Signing of Additional Clauses not included in contract
by Elaine515106 » Mon, 23 Dec 2019 5:48 pm » in General Discussions - 12 Replies
- 4113 Views
-
Last post by Elaine515106
Tue, 24 Dec 2019 12:59 pm
-
-
-
Additional Documents for PR - Employer Letters
by NekshaanIrani » Mon, 07 Sep 2020 4:35 pm » in PR, Citizenship, Passes & Visas for Foreigners - 4 Replies
- 2745 Views
-
Last post by PNGMK
Tue, 08 Sep 2020 8:54 pm
-
Who is online
Users browsing this forum: No registered users and 9 guests