Property investment · David & Audrie
Before you pay ABSD, make sure the numbers still work.
A second property in Singapore means ABSD of 20% or more, a smaller loan and a longer hold. We run the full numbers with you, and the exit, before you commit.
- 100+ families served
- Authors of The W.A.T.E.R Property Blueprint
- ERA Realty Network
The system from our book
W.A.T.E.R
Wealth Accumulation Towards Early Retirement
An investment property has one job in the W.A.T.E.R system: to move you closer to the retirement you want, after every cost, tax and year of holding.
A property should earn its place in your plan.
Sound familiar?
After ABSD, does this still make sense?
Work out your stamp duty →Rental yield or capital gain: which are we actually buying?
We know how to buy. We don't know how we'd exit.
Every launch is “the one”. We're tired of the hype.
From where you are to where you want to be
Right now
A promising launch, a brochure yield and a gut feel.
Where you want to be
Your all-in cost, a realistic yield, and who buys it from you, and when.
The L.E.X method
How we test an investment before you buy
Location
Who wants to live there, and will that still be true in ten years? Transport, jobs, schools and future supply.
Entry price
What you pay against recent transactions nearby, with ABSD, BSD, legal fees and financing counted in the real cost.
Exit strategy
Who buys it from you, at what price, and when. If we can't name the likely next buyer, we won't recommend it.
We publish L.E.X reviews of new launches, so you can see the method at work before you talk to us.
In their words
“They made the whole renting process so smooth. We were new to Singapore and had no clue about tenancy agreements. David & Audrie explained everything clearly and even helped us settle in.”
Ana & Marcos
Tenants, Tiong Bahru
“If you need property agents who truly care, look no further than David & Audrie Properties. Their professionalism is top-notch, but what stood out most to me was their friendliness. They never once made me feel rushed, even though I had endless questions for them. Thank you for being so incredibly helpful!”
The Clique Podcast
Google review
“David & Audrie showed us options we never even considered, and helped us buy below market value in an area with upcoming transformation. Their breakdown of timeline and costs gave us total peace of mind.”
Jia Hui & Brandon
First-time condo buyers
“We never knew our HDB had so much potential. With David & Audrie's guidance, we upgraded to a condo and still had reserve funds, all while staying within TDSR limits.”
Joanne & Marcus
First-time upgraders, 30s
“David & Audrie helped us rent out our unit within a week, and even assisted with tenant issues months into the lease. They're professional, patient and proactive.”
Jonathan
Landlord, D15 2-bedroom condo
“We were so worried about timing and finances, but David & Audrie mapped everything out: sale, purchase, even the cash flow. We sold above asking and moved into our new home seamlessly, without financial stress.”
Kelvin & May
Sold and upgraded to an EC
A system that can say “not yet”. We've told families to wait, even when it cost us the commission. We'd rather you wait than move wrong.
Read the story →Questions we're often asked
How much ABSD will I pay on a second property?
For Singapore Citizens, ABSD is 20% on a second residential property and 30% on the third and above. Permanent residents pay 5% on the first, 30% on the second and 35% after that; foreigners pay 60%. This is on top of Buyer's Stamp Duty. Rates as at October 2026, from IRAS.
How much can I borrow for a second property?
If you already have one housing loan, banks can lend up to 45% of the price (25% if the loan runs past 30 years or past age 65), and at least 25% of the price must be paid in cash. Your total monthly debt repayments are also capped at 55% of your income under TDSR.
Should I aim for rental yield or capital gain?
It depends on your timeline and cash flow. After ABSD, most investors need a long hold for the numbers to work, so we look at both: a rent that covers most of the holding cost, and a realistic exit price. We run both scenarios before you choose.
Can I sell within a few years if I need to?
You can, but Seller's Stamp Duty applies if you sell within four years of buying: 16% in the first year, falling to 4% in the fourth. That's why we plan the exit before the entry.
Do you only recommend new launches?
No. We compare new launches and resale homes side by side, and sometimes the right answer is not to buy at all.
Free: the Property Decision Checklist from our book
Ten questions to ask before you commit to any property. If one can't be answered clearly, slow down and look again.
Run the numbers before you sign.
A free, no-obligation Clarity Session with David & Audrie: your all-in cost, a realistic yield, and a clear exit.