Hi Jimmy,
If you were to purchase the next property on joint name basis, the ABSD will be 12% as its your wife 2nd property count. They will take the higher rate of all purchaser profiles. It might be better to buy under your own name instead as you do not own any property count at the moment.
May I have more info and requirements about your plans so to make better recommendations? Thanks and look forward to value-add to your housing plans.
Warm Regards,
Ivan Ng Realtor
ERA Senior Marketing Director
ERA Top 600 Achievers in Year 2017 (Top 10%)
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SMU BBM (Finance), Magna Cum Laude
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