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Hi,

Buying on joint names means both CPF OA can be used for the purchase, and both incomes can be recognized for the home loan application. It also depends on the stamp duties applicable, some cases purchasing under one's name a lower stamp duty rate applies. Also on a psychological level some couples prefer to purchase jointly for personal assurance. It depends on your objectives and requirements, different strokes for different folks.

May I have more info and requirements about your plans so to make better recommendations on how best to structure the purchase? Thanks and look forward to value-add to your housing plans.

Warm Regards,

Ivan Ng Realtor
ERA Senior Marketing Director
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Dear sir/madam,

The only disadvantage I can really think of when purchasing alone or as joint owners for married couples is when matrimonial disputes arise. Otherwise, it is a subject of how you would like to structure your portfolio and wealth management moving ahead, future proofing and safeguarding your children (if any) since there is a recent DBS report indicating that average prices for new homes will hit $2900psf by 2030.

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.

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Regards,

Geryl LIM
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www.geryllim.com
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Hi,

There are always pros and cons buying using single name or both names. It very much depends on what you are buying for and your plans subsequently.

Drop me a message @ 8118 4108  and i can assist you in working out some details for your planning.

Regards,
Nicholas Read More

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

Hi,

There is no definite answer to your question, as different Buyers can have very different family profile. For example, young couple purchasing a their first home may wish to purchase under Joint-Tenancy so it is probably going to be their biggest purchase in their lifetime till date. Whereas an experienced real estate investor may choose to purchase under sole name as they look to restructure their property portfolio.

Without a full understanding of your profile and objectives for the next 5-10 years, I will not be able to provide you a more comprehensive recommendation. Do get in touch with me for further discussion to see which option suits you best.

I am experienced and well-versed in private resale transactions. I have helped many clients over the years for their home purchases, and I will be happy to assist you in your home purchase too. 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

Dear Sir/Mdm,

In my opinion, it is better to purchase under a single name so that you can save the other name to purchase another property without incurring the Additional Buyer Stamp Duty in the future.

However, if you wish to use both your CPF, you can also structure the purchase such as one party will be able to exit easily in the future.

I have assisted my clients who are in a similar situation as yourself. Please feel free to contact me so that I can understand your situation better and proposed some solutions for you. I can also highlight to you the real estate trend and identify some of the projects with good potential to consider.

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS)
Cert-in-REA
(E) nick96444854@gmail.com
Visit my website to know me better: www.nicktan.com.sg

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Testimonial from Satisfied Clients
“Nick is a responsible, efficient and excellent salesperson. He has very good knowledge of the real estate market and I benefited 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.”
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“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!!”
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“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.”
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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

Hi Hasanah!

Thanks for the question here on AskGuru.

What you are referring to is the manner of holding for real estate which is either Joint Tenancy or Tenancy-In-Common.. It would not be a simple, yes-no answer but I would reckon that you engage someone who is experienced enough to share with you the implications of legal manner of holding.

I have managed to share and assist a couple to do a structuring according to their needs. The lady wanted to buy the property alone such that her partner would not be involved in the purchase and hence they can buy another real estate in future. However, her income alone cant get the property that both of them wanted.

What I did was to advice them to structure the purchase together and doing a tenancy in common shares structuring. From there, I instructed the lawyer accordingly to ensure that the cost of removing the ownership of her partner is reduced drastically such that both of them keep the possibility of investing in real estate without paying the hefty ABSD for the future.

If you are keen to find out more or to have an indepth discussion, do feel free to contact me at 90034385  or lynnong.huttons@gmail.com.

Pleased to Inform.

Yours Sincerely,
Lynn ONG | BSc. Real Estate
National University of Singapore Read More