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Hi agents, I would like to know if I buy a 5room resale flat & grant seller 2 months extension of stay, how much should I charge them for:
1 - Service& Conservancy Charges (without rebates)
2 - Property Tax (calculated at residential tax rates)
Would appreciate your advice & opinions. Thanks!!!
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1 Answer

Ling CK
Replied
Hi,

You are suppose to bear the cost for both as a buyer according to HDB extension of stay regulations.

You are allowed to charge a rent from the seller according to market rate, also negotiable.

Common conservancy charges is more or less $66, but difference town council has different charges. Thus you have to find out from individual town council.

You may try this property tax calculator to check your property tax incurred to determine your rental rate.
https://www.iras.gov.sg/Tax%20Calculators/PT%20HDBNew/HDB.html

Hope the above answer to your main concerns, but if there are more queries, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com

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  • KT
    Replied
    Hi Ling, many thanks for your help:)

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