Asked by Anonymous
Can a company buy PTE residential properties and lease it out?
39573 views
8 Answers
Good afternoon!
Yes a company can buy private residential properties and lease it out.
Do drop me a text/whatsapp or give me a call at 91708295 and we can discuss further.
Bhavina Kaur
ERA Realty Read More
Yes a company can buy private residential properties and lease it out.
Do drop me a text/whatsapp or give me a call at 91708295 and we can discuss further.
Bhavina Kaur
ERA Realty Read More
Hi,
Yes that's possible with residential properties. But its pretty uncommon nowadays given that ABSD of 15% applies and also that the max loan is 20%. May I have more info and requirements about your plans so to make better recommendations? Thanks and look forward to value-add to your housing plans.
Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude
Email: Ivanng10@gmail.com
Contact: (+65) 97432395
Facebook Page: www.facebook.com/ASAProp
Website: http://www.ivanng10.com/clientreviews
(Client's Testimonials) Read More
Yes that's possible with residential properties. But its pretty uncommon nowadays given that ABSD of 15% applies and also that the max loan is 20%. May I have more info and requirements about your plans so to make better recommendations? Thanks and look forward to value-add to your housing plans.
Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude
Email: Ivanng10@gmail.com
Contact: (+65) 97432395
Facebook Page: www.facebook.com/ASAProp
Website: http://www.ivanng10.com/clientreviews
(Client's Testimonials) Read More
Good evening,
Yes companies are able to purchase and rent private properties.
But care to share why will you want to purchase under company's name?
If you purchase it as a first property as an individual Singaporean, you can loan up to 80%.
But if you purchase as a company, you can only loan up to 20% and will still be subject to 15% additional buyer's stamp duty.
Even you purchase a second property as SC with an outstanding loan, you can still loan up to 50% and ABSD is only 7%.
Dont you think its better to purchase as an individual?
Perhaps you can share more with me so I will be in a better position to value add further.
- One of well-earned Star Performers under the category of Top Private Property Transactors in Jan 2017-
"Your Freehold Ally, Leasehold Tactician"
YT TAN 陈永达 | ACCA Graduate, RES
Associate Group Director
R043025D
Propnex Realty Pte Ltd
Blk 480 Lorong 6 Toa Payoh, #11-95 HDB Hub East Wing, Singapore 310480
(M): +65 9111 5171
(E): yt.tan91115171@gmail.com
(W):www.yttan.com
(FB): www.facebook.com/yttanassetprogessor Read More
Yes companies are able to purchase and rent private properties.
But care to share why will you want to purchase under company's name?
If you purchase it as a first property as an individual Singaporean, you can loan up to 80%.
But if you purchase as a company, you can only loan up to 20% and will still be subject to 15% additional buyer's stamp duty.
Even you purchase a second property as SC with an outstanding loan, you can still loan up to 50% and ABSD is only 7%.
Dont you think its better to purchase as an individual?
Perhaps you can share more with me so I will be in a better position to value add further.
- One of well-earned Star Performers under the category of Top Private Property Transactors in Jan 2017-
"Your Freehold Ally, Leasehold Tactician"
YT TAN 陈永达 | ACCA Graduate, RES
Associate Group Director
R043025D
Propnex Realty Pte Ltd
Blk 480 Lorong 6 Toa Payoh, #11-95 HDB Hub East Wing, Singapore 310480
(M): +65 9111 5171
(E): yt.tan91115171@gmail.com
(W):www.yttan.com
(FB): www.facebook.com/yttanassetprogessor Read More
Hi
Yes, a company can purchase pte residential properties to lease out. Do contact me at 97970200 or ngsiewwhye@gmail.com to discuss more if you are keen to build such a portfolio
Mark, your RIGHT choice
MCG Read More
Yes, a company can purchase pte residential properties to lease out. Do contact me at 97970200 or ngsiewwhye@gmail.com to discuss more if you are keen to build such a portfolio
Mark, your RIGHT choice
MCG Read More
Hi,
Yes, this is possible. Do take note that ABSD of 15% applies.
Should you need any further assistance in matters relating to property, please contact me at my mobile 9748 6305 . I will be happy to assess and share with you the possibilities for you in the current market.
Thank you.
Best regards,
Robbie Chen
9748 6305
PropNex Realty Read More
Yes, this is possible. Do take note that ABSD of 15% applies.
Should you need any further assistance in matters relating to property, please contact me at my mobile 9748 6305 . I will be happy to assess and share with you the possibilities for you in the current market.
Thank you.
Best regards,
Robbie Chen
9748 6305
PropNex Realty Read More
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LHLinda HeathRepliedPlease contact me
Dear Sir/Mdm,
In my opinion, it is not a good idea to purchase a private property through a company for the purchase of investment. This is because you will need to pay a hefty Additional Buyer Stamp Duty (ABSD) of 15%. You will also not be able to maximize your loan (leverage) during the property purchase.
Under such a scenario, your ROI is greatly reduced. Please feel free to contact me so that I can understand your situation better and provide you with better solutions!
Regards,
Nick Tan
(M) +65 9644 4854
B.Eng(Chemical)(Hons)(NUS)
Cert-in-REA
(E) nick96444854@gmail.com
(W) www.nick-tan.com
Testimonial from Satisfied Clients (2016)
“Nick is a responsible, efficient and excellent salesperson. He has very good knowledge of the real estate market and I benefitted a lot from his advice and sharing. He is extremely patient when guiding me through the buying process and I am happy to secure a dream house within my budget with his assistance. A highly recommended salesperson who made my house hunting journey a breeze.”
Ms Chia (Buyer)
“Nick provides a delightful customer experience from day one when I engage him as my agent to look for a flat of my choice to the completion of the deal. He is competent, resourceful and has a pleasant manner to work with. He is the Agent of my choice in dealing with properties and I would highly recommend him to others who would appreciate an agent that takes care and can give the customer a peaceful mind.”
Susana (Buyer)
“Nick is very pro-active in helping us to resolve whatever questions and problems that we encountered. All the issues are settled even before us having to request or ask for a second time. He was very frank and transparent with all the details, limitations and advantages that we wouldn’t have known. I think this is the most important virtue to be successful in this line. I will surely recommend him to anyone who needs his service because I trust that they will be equally satisfied!!”
Mr and Mrs Chan (Sold and Bought a property through Nick)
“We are very grateful to Nick for his extensive marketing efforts. With his comprehensive marketing plan, he helped us to achieve a record selling price within 2 weeks of listing our property for sale! We highly recommend his service to anyone who is keen to sell their properties.”
Mr & Mrs Wong (Property Seller)
“Nick has conducted himself ethically and professionally when handling the sales of our property. Thanks to his patience and perseverance, we managed to secure a sales price beyond our expectations.
We are very happy and satisfied with his services and will definitely recommend him to our friends and family in the future.”
Mr & Mrs Tan (Seller of Inter-Terrace House) Read More
In my opinion, it is not a good idea to purchase a private property through a company for the purchase of investment. This is because you will need to pay a hefty Additional Buyer Stamp Duty (ABSD) of 15%. You will also not be able to maximize your loan (leverage) during the property purchase.
Under such a scenario, your ROI is greatly reduced. Please feel free to contact me so that I can understand your situation better and provide you with better solutions!
Regards,
Nick Tan
(M) +65 9644 4854
B.Eng(Chemical)(Hons)(NUS)
Cert-in-REA
(E) nick96444854@gmail.com
(W) www.nick-tan.com
Testimonial from Satisfied Clients (2016)
“Nick is a responsible, efficient and excellent salesperson. He has very good knowledge of the real estate market and I benefitted a lot from his advice and sharing. He is extremely patient when guiding me through the buying process and I am happy to secure a dream house within my budget with his assistance. A highly recommended salesperson who made my house hunting journey a breeze.”
Ms Chia (Buyer)
“Nick provides a delightful customer experience from day one when I engage him as my agent to look for a flat of my choice to the completion of the deal. He is competent, resourceful and has a pleasant manner to work with. He is the Agent of my choice in dealing with properties and I would highly recommend him to others who would appreciate an agent that takes care and can give the customer a peaceful mind.”
Susana (Buyer)
“Nick is very pro-active in helping us to resolve whatever questions and problems that we encountered. All the issues are settled even before us having to request or ask for a second time. He was very frank and transparent with all the details, limitations and advantages that we wouldn’t have known. I think this is the most important virtue to be successful in this line. I will surely recommend him to anyone who needs his service because I trust that they will be equally satisfied!!”
Mr and Mrs Chan (Sold and Bought a property through Nick)
“We are very grateful to Nick for his extensive marketing efforts. With his comprehensive marketing plan, he helped us to achieve a record selling price within 2 weeks of listing our property for sale! We highly recommend his service to anyone who is keen to sell their properties.”
Mr & Mrs Wong (Property Seller)
“Nick has conducted himself ethically and professionally when handling the sales of our property. Thanks to his patience and perseverance, we managed to secure a sales price beyond our expectations.
We are very happy and satisfied with his services and will definitely recommend him to our friends and family in the future.”
Mr & Mrs Tan (Seller of Inter-Terrace House) Read More
Reasons Why Companies Might Buy PTEs for Rental:
Investment Portfolio Diversification: Some companies might see residential property as a way to diversify their investment portfolio beyond commercial properties or stocks.
Long-Term Investment: Companies with a long-term investment horizon might be willing to overlook the higher upfront costs and potentially benefit from rental income and future property value appreciation.
Alternatives to Consider:
Commercial Properties: For companies seeking rental income from real estate, commercially zoned properties might offer advantages with potentially higher rental yields and more flexible loan options.
Overall, while companies can purchase PTE properties for rental purposes, the additional costs and limitations make it a less common strategy compared to individuals. Carefully evaluate the financial implications and investment goals before deciding if this approach is suitable for your company.
My Answer with regards to your Question:
Allow me Assist Further Read More
Investment Portfolio Diversification: Some companies might see residential property as a way to diversify their investment portfolio beyond commercial properties or stocks.
Long-Term Investment: Companies with a long-term investment horizon might be willing to overlook the higher upfront costs and potentially benefit from rental income and future property value appreciation.
Alternatives to Consider:
Commercial Properties: For companies seeking rental income from real estate, commercially zoned properties might offer advantages with potentially higher rental yields and more flexible loan options.
Overall, while companies can purchase PTE properties for rental purposes, the additional costs and limitations make it a less common strategy compared to individuals. Carefully evaluate the financial implications and investment goals before deciding if this approach is suitable for your company.
My Answer with regards to your Question:
Allow me Assist Further Read More
1
Yes, a company can buy private residential properties in Singapore and lease them out.
There’s no restriction preventing companies from owning residential properties, and many do so for investment or rental income purposes. However, companies must comply with stamp duty rules and property taxes like any other buyer.
Also, if the property is in a landed residential estate with certain planning restrictions, the company needs to ensure compliance with those rules.
Aren Goh | 96576701
If you want advice on buying or leasing properties through a company, feel free to message me anytime. Read More
There’s no restriction preventing companies from owning residential properties, and many do so for investment or rental income purposes. However, companies must comply with stamp duty rules and property taxes like any other buyer.
Also, if the property is in a landed residential estate with certain planning restrictions, the company needs to ensure compliance with those rules.
Aren Goh | 96576701
If you want advice on buying or leasing properties through a company, feel free to message me anytime. Read More