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Hi, I am a SC and my spouse is a SPR.we have a fully paid HDB unit. We are thinking of jointly buying a condo, what would be the pliable ABSD if a) unit is under BOTH names and b) unit is under my name only (SC). We intend to keep the HDB
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2 Answers

YT Tan (陈永达)
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Good evening, If the second property is bought solely under your name, it will be 7% while under both names, it will be 10% (based on your wife's SPR status - higher of 7% and 10%). If you need any assistance in your property purchase, feel free to contact me. Maybe let my bankers to advise you on your in principle loan first then we will work things out from there. Cheers! Warmest Regards, YT TAN 陈永达 | ACCA Graduate, RES Senior District Manager R043025D ECG Property Pte Ltd (A Wholly Owned Subsidiary of ECG Group of Companies) Estate Agent no. L3009759F Blk 190 Lorong 6 Toa Payoh #05-508 S (310190) (M): +65 9111 5171  (E): yt.lovelyhomes@gmail.com (W): www.yttan.com (W): yttan.stproperty.com.sg/ (W) www.lovelyhomes.com.sg (W) www.ecgproperty.com Read More
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J.A. Goh 吴永益
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Hi, in your case, suggest is better you buy the condo under your own name. As 2nd property, your stamp duty will be 10% - $5,400. Assuming the condo is at $1M, the stamp duty will be $94,600. You can keep your HDB and apply for HDB rental approval. I would be glad to help you to search your next dream house. Best Regards, J.A.Goh, HP: 96390350  , Email: gohja@singnet.com.sg Read More
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