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Hi, I am a SC looking to buy a private property with my husband who is a foreigner. However I am a joint owner with my parents in a HDB flat that they are occupying. Can I purchase a 2nd property or do I have to remove my name as joint owner? Thanks
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3 Answers

YT Tan (陈永达)
Good evening Michelle, you will be eligible to purchase a private property if you have fulfilled the MOP for your current HDB. But do take note that you will be subject to 15% ABSD if you decide to purchase a condo with your foreigner spouse. But you will not be subject to 15% ABSD if you remove your name from your current HDB as IRAS will treat the private condo as your matrimonial house. With removal of name, you have to make sure that your parents are able to refund you the amount of $$$ you have fork out for current house. Hope it helps! YT Tan ECG Property 9111 5171  yt.lovelyhomes@gmail.com Read More
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Hi Ms Yong, I am Bryan from ERA. Do consider Puteri Cove Residences, top class, luxury condo located at the heart of Puteri Harbour. Developed by top developer, Pacific Star Group, Puteri Cove Residences promised to deliver top class quality, luxurious and premium fittings, complete with full condo facilities and exciting commercial shops. Comprising of luxurious condo, SOHO, service apartments, and commercial shops, Puteri Cove Residences is a mixed development project. It offers its residents with both the sea and harbour views, which is spectacular and unique. This exciting project is only less than 5 mins walking distance to CIQP (Ferry Terminal), which makes it highly connected to Singapore. Singaporeans can now take a ferry from Harbour Front to Puteri Harbour. The existing second link also connect Puteri Harbour to Singapore in about 10 mins drive. A location for second home can’t get any better than this. Its Freehold and very affordable and has huge investment potential. Feel free to contact me for more information to be emailed to you. Call/SMS/Whatsapp 86912345  or email bryanlee@era.com.sg. Thank you and have a nice day. Warmest Regards, Bryan Lee. ERA Read More
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