AskGuru Q&A Community

Good afternoon,

12% ABSD will be payable if you currently own a residential property in Singapore and you intend to purchase a second residential property under your name.

Perhaps I can work out a taxing savings plan. Your current property is a HDB or private? Single or two names?

Hope my sharing helps in aiding in your enquiry. May I know how can I value add further in your property needs?

Best regards,

YT Tan
Property Kaki
You dream. I create. We make it happen!
Association of Chartered Certified Accountants Graduate
Singapore Accredited Mortgage Planner

Contact:
Mobile: 91115171 
Email: yt.tan91115171@gmail.com

Do follow me on:

IG: instagram.com/propertykaki
FB: https://www.fb.com/propertykaki/
YouTube: https://bit.ly/Youtube_PropertyKaki

To find out what’s the estimated valuation of your existing house, try our SRX property tracker.

You will receive free sms update on a monthly basis.SRX property tracker: http://bit.ly/yt_proptrack Read More

Hi ther, yes you would need to pay for additional 12% absd if you are purchasing second property under your name. If you wish to explore more options on saving tax possibility case to case basis, I would need to understand your current property type, nucleus holding manner, purchase type and together run through a customized saving plans to suggest what would be the best options for yourself.

Do let me know if you are in need of any advice, feel free to contact us using the details below.

Best regards,

Jeremiah Chua 蔡岗霖
Senior Associate Marketing Director
PropNex Realty
Tranparency|Honesty|Efficiency|Knowledge
PropNex Ambassador 2021
CEA Reg: R046635F

Contact or whatspp me below:

Mobile: +65-9797-2551 
WhatsApp: https://wa.me/message/MRA4W6IDSRQRD1
Email: jerechua.pn@gmail.com

Do follow and read more on me:

FB: https://www.fb.com/jcpropertysg/
IG: https://www.instagram.com/jcpropertysg/
YouTube: https://www.youtube.com/channel/UC9Kt9j6C-lrNa-EmE8hvPfA
Tiktok: https://vt.tiktok.com/ZSeJgPasc/ Read More

Hi Sir/Madam

I will be glad to assist
Appreciate if you can contact me at (65) 96608508 
or click here https://bit.ly/WaSilvia to whatsapp me for no obligation discussion
Thank you.

Warmest regards,

Silvia Yang

Senior Marketing Director
ERA Realty Network Pte Ltd
Mobile: (65) 9660 8508 
Email: Silviayang8@gmail.com Read More

Hi,

1) Yes, a Singaporean is subject to 12% ABSD for a 2nd residential property, and 15% for the 3rd residential property.
2) Only industrial and commercial property is exempted from any ABSD for any national.

Hope the above answer to your main concerns, but if there are more query, 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
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer

Note:
Any response to our answer does not reach us.
The best way to get a follow-up is to Whatsapp or email us directly. Read More

Hi,

Yes, ABSD of 12% is applicable if you purchase a second residential property. If you purchase a non-residential property, you will not incur any ABSD.

I am experienced and well-versed in both HDB and 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

WhatsApp me at: ABLE Toh (65) 9856-9255  or through this link.:https://wa.me/6598569255
----------------------------888--------------------------------888--------------------------->>>
(1) "If you need more assistance with property matters:
like renting / selling, buying / or investing, I'm here to help!
WhatsApp me at: ABLE Toh (65) 9856*9255 or through this link.:https://wa.me/6598569255
(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )

(2) (***) ✅✅ You can READ my REVIEWS here:
✅✅ https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.

(3) ✅✅ For PRIVATE Home Buyers, I offer solutions for sourcing resale and new PRIVATE homes at ✅✅ ZERO charge (Because Most PRIVATE seller Agent are willing to share commission with Buyer Agent)

*** You can reach me at my Singapore mobile: (65) 9856 9255  or email me at Able.selling@gmail.com.

From: ABLE Toh- Your Property ASSISTANT : ）
“ i am ABLE to Help As Much As You are ABLE To PM (Private Message) me ”
=========
(4A)✅✅ For the Below Condominium that may Achieve TOP ( Temporary Occupation Permit / Relatively New Condominium which may faced Difficulties/ Challenges to rent / sell at your Expected Pricing as facing too many neighbour’s units competing to Sell / Rent Out ,...
(4B)✅ ✅ ✅ I am okays NOT TO be the Sole Exclusive Agent , but the “ Open Listing “, additional pair of hands to help you bring the matching buyer / tenant . “ May the Hardworking + Lucky agent close the Deal !!, ( Whether it’s me or another agent ,✅✅✅ I will still be HAPPY FOR THE OWNER !! ✅✅My advantage is : I myself , have a Small Team of Agents who will work together with me to cast a wider Marketing Nets to Reach Your Goal !!! Read More