'Sell 1, buy 2' or just buy a bigger condo unit?
Additional Buyers Stamp Duty (ABSD) Can buy a second property without incurring ABSD. No ABSD if you sell your previous home first, but you only end up with one property. Property tax Almost always higher, as you pay property tax on two condo units, and one is at the higher (non-owner occupied) rate The usual owner-occupied property tax on your condo Maintenance fees Depends on the size of your unit, but almost always lower Rental income Zero unless you’re willing to rent out rooms Income requirements Less demanding, as both co-borrowers are splitting the mortgage Initial cash outlay Minimu...
Source: asiaone.com