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Hi,

1) Of course 99/1 is the lowest cost when comes to decoupling.
2) Due to the sensitivity of tax evasion, the IRAS have become very active in investigating property purchases under 99/1.
3) You have to think for example that it is reasonable for your wife to contribute $120k in the purchase and only allocate a 1% share of the property.
4) Because this will be the question that the IRAS will be asking when you purchase under 99/1.
5) The answer to this can vary depending on each individual situation thus there is no standard answer for this.

Hope the above answer 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

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Hi Do contact me at 97970200  to discuss more

Mark, your RIGHT choice
Propnex Read More

Hi,

I would be most glad to assist you further and please feel free to let me know if you need any assistance. Have a good day ahead.

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More

Hi Sir,

If you plan to decouple, by doing 99/1 would save you on stamp duties for the share transfer in the future.

However, do take note that even if your wife owns 1% of the property, you will still have to refund back to her CPF whatever monies she utilised from her CPF, plus accrued interests, when you buy over her shares in the future.

Last piece of advise for you is to purchase within your means, and do not overstretch yourselves, especially you are currently the sole breadwinner of your family.

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

Hi,

If you plan to decouple in the future, typically 99/1 is a better option but it also depends on individual circumstances. If you have substantial cash on hand, it may also be used for pledging purposes on hand to attain some loan for your spouse.

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
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