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Hi Terence,

I am not sure if you have included all the potential costs. Costs of decoupling include legal fees (approx 4-5k), monies required to refund the CPF utilized for the property A by the outgoing owner, as well as the buyer stamp duties of the share valued transferred. The remaining owner must also be financially equipped to service the mortgage on his/her sole name. I am sure you have done some sums. May I know if this still makes financial sense to proceed?

From observation, I would think District 17 rental might be softening quite a bit as it is in the outskirts area. This looks to continue for the medium term given the economic headwinds, and it might be something you wish to factor into your plans. As for whether which choice looks more worthwhile to pursue, it be ideal if I can have more info about your requirements and property details (current and targeted) so to make more meaningful recommendations.

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
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Hi Terence,

If your freehold unit in D17 is in Flora Road or Flora Drive area, I reckon that selling it will be a wiser option as rental returns have been faring pretty badly in the location.

In such arrangement where you would like to have a unit going on rent for income, you can perhaps look into selling one and purchasing 2 units instead to better profile your asset and stand in better shape for rental income.

We have various options for you, depending on your needs to purchase for the primary 1 registration purpose.

Tenants can visit http://bit.ly/SGExpatRental (Official Rental Requirements - Singapore Expatriates) to indicate your rental requirements.

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Geryl LIM
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Hi Terence,

I think it depends on what are your objectives. Is your only objective a bigger space and near to your child's primary school? Do you still wish to own more than 1 property?

Having said that, decoupling is consider as a form of change of ownership too. There will be transaction costs (stamp duties and legal fee) involved as well. You will be liable for a new 3-year SSD period too.

I suggest we have a meetup to discuss in details your plans. I need to have a full understanding before I can give you the best possible advice.

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

Hi Terence, do contact me at 97970200  or ngsiewwhye@gmail.com to discuss more

Mark, your RIGHT choice
MCG Read More

Hi,

To be able to give you a more compressive and analytic response , it would be best to understand more succinctly the exact finances and objectives involved. I believe you need to have someone experienced and proficient involved in this transaction as you are dealing in the millions and it's a matter of assets. Do let me know if you would like more insights and opinions on how to proceed.

Visit my website to view all my recent accolades - esteemed awards and testimonials to gather more information on me: www.kumarrai.com

D Kumar
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ERA Associate Division Director
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Hi Terence,

To answer your question of how much to decouple, the costs components will be:
1) legal fees ~$5k.
2) Stamp duty ~$7k
3) CPF refund ~pls do check

All roads lead to Rome. There are various ways to do it. We literally need to take a "deep dive", turn every stone and decide what is best for your family.

I'd been down this road a few years back and know exactly where you are coming from. The 1st most important question: Which Primary School?

Pls do work with an experienced realtor so that your interests can be taken care of. If you need a 2nd opinion, feel free to contact me @ 8424 1222  . All the best buddy! Read More

Hi Terence
Lets do a meet up so I can share with you the cost involves in decoupling as well as we can maybe explore various options.

I can contactable via 91442664 
Tricia Tan Read More