What is considered a good capital gain

In the context of Singapore real estate, a good capital gain is largely determined by the absence of capital gains tax and the profitability of the sale. Here are some key points:

- Tax Exemption: Singapore does not impose capital gains tax on the sale of residential properties, making any profit from the sale tax-free.
- Profitability: A good capital gain would be any amount that exceeds the original purchase price, after considering all associated costs such as purchase fees, renovation costs, and selling expenses.
- Market Conditions: The percentage gain can vary widely depending on market conditions. For instance, in a booming market, a capital gain of 10% to 20% or more over a few years would be considered good. However, in a stagnant or declining market, even a smaller gain might be seen as positive.
- Holding Period: The longer the holding period, generally the higher the potential for significant capital gains, assuming the property appreciates over time.

Since there is no specific percentage that defines a 'good' capital gain in Singapore, it is often relative to the individual's investment goals, market conditions, and the overall performance of the property market. A gain that is higher than the average market appreciation and covers all costs would typically be considered favorable.