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Hi,

For SC+SPR 1st timer property purchase, it is likely you will qualify for ABSD Remission as it is your 1st matrimonial property. Thus your stamp duty will be approx 3% of purchase price.

To appeal, you have to do it through the Developer of the EC you are keen on after selecting a particular unit. It will take 6-8 weeks for HDB to get back.

New ECs (TOP 2016) available you can consider Ecopolitan (Punggol), Sea Horizon (Pasir Ris), or Twin Fountains/Forestville (Woodlands). New ECs are only available in certain locations as per above. What locations you will be keen on? Hope to understand your housing requirements further before further value-adding. Thanks.

Warm regards,
Ivan ERA
 97432395 
ivanng10@gmail.com
www.ivanng10.com Read More

Hi,

Thanks for your question!
As this will be regarded as your first property (ie; matrimonial property), you will be liable for 3% buyer stamp duty.

As for your income exceeding the ceiling, you will have to appeal through the developer of the EC and you will be notified by HDB with the outcome.

You have a couple of brand new EC options, ready for TOP in the specified period. And the best part, this is the best time to seriously consider given how prices have been made extremely attractive by developers , given the sluggish market sentiments. I am currently assisting my client in his purchase of his brand new EC up north and he had a similar dilemma associated with his purchase which I easily diffused and guided him through.

Please feel free to contact me at 96659926  for a non obligatory discussion for me to better understand your requirements and specifications to be in a better position to advise you further in the most detailed and thorough manner.

To value add your understanding, I will provide you with a comprehensive sales report of properties in the desired location, make available to you recent live sales transactions caveats for your understanding,share on financial calculations/ loan related matters and make available rental yield projections, if needed as well as future capital appreciation stakes

Visit my website to view my testimonials & recent awards to gather more information on me: www.kumarrai.com

Look forward to hearing from you!

D Kumar
 +65 96659926 
ERA Associate Division Director
www.kumarrai.com
www.singapore-newproperties.com.
contactdkumarrai@gmail.com

About Me-

ERA Top Achievers 2013/14
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2014 ERA Asia-Pacific Business Conference Elite Award

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Evening,

As one of you are SC, ABSD is not payable which makes the stamp duty payable to be at 3%. To buy HDB EC, your combined income should not exceed $12K. If you have exceeded it by a big quantum, it would be fruitless to appeal for it.

Do feel free to contact me of further discussion.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More

Hi, it is good clear all your doubt before place the purchase. Please drop me an email for me to share all the restriction and the cost breakdown.

I can be contactable at my mobile or email.

CK Ang
 9046 3808 
res.ckang@gmail.com Read More