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Does it make sense to decouple? How much lawyer fees does it take? Is it a straightforward or dependant on purchasing price fee? Has the one buying in to pay the current Basic Stamp Fee of the total purchase price?
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9 Answers

i think it is worth the effort.

we can have a coffee and see how you think is worth anot. then you plan for your next move. planning then decide.

Regards
wilson leong
 96305577  Read More
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Good afternoon,

Every case is different has everyone has different risk appetite and requirements. Legal fees are typically 5 - 7k as two solicitors are required. Yes the remaining owner has to buy over the share of the outgoing owner, pay the stamp duties based on the market value of shared transferred and also refund the outgoing owner CPF utilized + accrued interest. There could also be redemption fees for any outstanding bank loan.

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 Realtor
ERA Senior Marketing Director
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Robbie Chen Chee Howe
Hi,

Decoupling involves legal fees, and also Buyer Stamp Duty and Seller Stamp Duty (if applicable) on the share percentage ownership that's being transferred.

I think there's no "one-size-fits-all" solution. Whether or not decoupling makes sense depends on what is your plans going forward. Decoupling can be costly, especially if the property you currently own is of a big quantum. You will have to ask yourself, by doing decoupling, do you really enjoy the "benefits" enough for you to take this step?

I am experienced and well-versed in private transactions. I will be able to assist you in your property plans. Please get in touch with me for a more in-depth discussion.

Should you need require 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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  • EZ
    My conclusion for avoiding ABSD (wealth tax? I will have problem to pay the high health premiums for life - after retirement - no subsidies for whatever generation born in because have multiple properties although the 2nd property is 1/2 brdr pigeon cage fit for FURRY and us only AND all the fees involved IS TO consolidate the properties that we hold to get one solo matrimonial home, bye!
Hi, yes it does make sense if both the couple earning power is there and above the average norm. However every case is different and not all are the same. Pls feel free to let me know if you need any assistance.

Regards
Aaron
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
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Hi

To some decoupling do make sense. To others, it may not as each circumstance would differ. However, it is an option.

The other alternative to explore may be commercial property.

You may text 9620 0827  for an open discussion.

Regards

Gavin Read More
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Dear Sir/Mdm,

It certainly makes financial sense to decouple because it frees up one of your names so that one of you can purchase another property without the need to pay Additional Buyer Stamp Duty of 12% and will also be able to take the full loan of up to 75% of valuation.

The lawyer fees will cost about $6,000 and the party taking over the property must be able to secure a loan to take over the other party's share. The purchase price will be based on 50% of the market valuation of the property and the buyer stamp duty is also based on 50% of the purchase price.

I have assisted clients to decouple their properties and subsequently purchased another property. Please feel free to contact me so that I can give you an overview of the process and also run you through the numbers to see whether is it feasible.

Regards,
Nick Tan
(M) +65 9644 4854 
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Hi Sir/Madam

I will be glad to assist

I won't be able to contact you first as I do not have your contact, appreciate if you can contact me at (65) 96608508  or Silviayang8@gmail.com
or click here http://bit.ly/2tzIQ1a to whatsapp me for no obligation discussion
Thank you.

Warmest regards,

Silvia Yang

PropNex Realty Pte Ltd
Mobile: (65) 9660 8508 
Email: Silviayang8@gmail.com Read More
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Dear sir/madam,

It really boils down to the purpose of doing decoupling. If your plan is to purchase a 2nd property without incurring ABSD, decoupling is definitely 1 of the option out. There are of course other ways available depending on the situation you are in, with other considerations.

We had just conducted a private seminar where bankers and lawyers were engaged to share on how various restructuring of your existing portfolios can be done in order. The key which I always stress and highlight to my clients are that they should be really comfortable financially to look into owning multiple properties in Singapore, as there is definitely element of risks involved when it comes to holding multiple properties as properties cannot be liquidated as fast as other forms of investment in times of needs.

I have been in the real estate business since 2009, with more than 10years of experience serving the Singapore real estate market.

I am very active in the residential segment of Singapore real estate market, having transacted hundreds of deals from HDBs to private condominiums and landed properties in Singapore, and have handled many unique cases in sales and purchases as well as rental deals.

Over the years, I have also established a network reaching out to more than 8,500 expatriates, bringing my market presence to both in and outside of Singapore. This has created an additional exposure when I manage my clients’ portfolios, on top of the conventional on and offline platforms, where other estate agents are relying on. This has allowed me to consistently convert leads into results.

With an evolving market, where change is the only constant, I have also been investing in upgrading of my knowledge and skills sets to improve myself and meet the demands of current and future market.

Please feel free to reach me from my website www.geryllim.com or connect with me directly on my mobile phone at 81577565  .

I look very much to hear from you soon.

Note: We value your home as much as you do! Find out the indicative value of your home at http://bit.ly/UrHomeMatters and get monthly update on your home value. Restructure your portfolio with us, speak to us! Register at bit.ly/RealDealSG today.

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Regards,

Geryl LIM
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