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Hi. if you and your wife own a HDB now, you can’t decouple. either of you buy second property will need to pay 17% ABSD (assume you both are Singaporean). If you buy the property under Trust, you need to use cash to make full payment. as long as you rent out. it will be non owner occupied.
I can explain further to you. Read More

Hi Sir,

As long as the property purchased is not for your own owner occupation, the owner of the property will be taxed on the non-owner occupied rates, regardless of the owner of the property.

Also, property tax is only a small consideration, when it's compared to Stamp Duties (BSD/ABSD). I think you should put more focus on that instead.

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