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Hi, I am a SC, my wife is a SPR. we own a HDB. If me and my wife Decouple for the HDB, and myself become single Owner, and I am going to buy a second pvt property together with my wife,
1. is my wife consider her first property? 2. Can she using all her general CPF account to pay the installment for the PVT and do not need to meet the Minimum sum?
3. and also ABSD as PR 5% first property?
Thanks for the help.
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5 Answers

Hi,

I would need more details. May I discuss further over phone or email with you? Thanks and how should I get in touch?

Warm regards
Ivan ERA
 97432395 
Ivanng10@gmail.com
Website: http://www.ivanng10.com/#!reviews/c11r1
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Hi,

As a matter of baseline, the information provided is brief.
To be able to churn out a comprehensive explanation & analysis to address all your questions, I would need more details. You can always reach me via mobile or email for me to lay down the procedural framework, decoupling info and financial cash flow for your purchase. Since private property purchase incurs no fees, I will walk you step by step , at no obligation and cost!

D Kumar
 +65 96659926 
ERA Associate Division Director
www.kumarrai.com

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Joanne Chia 谢诗琳
Yes correct . ABSD 5% if your SPR wife name solely buy private property after hdb de-coupling .

Yes correct . your wife need not set aside cpf munimum sum after hdb de-coupling ( subject to her age ) , if buy private property solely under her name .

Your name ( husband ) cannot be involved in the private property as far as cpf $$ or bank loan TDSR or ABSD is concerned , unless willing to pay 2nd property ABSD .

Kindly contact me if you wish to sell your hdb and buy private ( no ABSD after selling hdb ) .

My charges are 1% commission for exclusive selling rights to your hdb or 2% for open listing .

Joanne chia
Hp 8333 3327  Read More
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If your HDB have met MOP 5 years, then you can decouple.
In order to save on ABSD, private property has to be under your wife's name only. As long as your name is in, it will be considered as 2nd property tax rate and need to pay 3+7% ABSD.
Yes, your wife use all her CPF to pay.

Feel free to call for further discussion or email for a list of carefully shortlisted properties based on your specific criteria.

Warmest regards
Belinda Zhao
Senior Marketing Consultant
CEA Reg No. : R051311G
Huttons Asia Pte Ltd
Mobile: (65) 9628 0661 
Email: belindazhao1@gmail.com
Property Listings :http://www.findnewlaunchsg.com/ Read More
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GAN ENG JOO ONASSIS
Hi,

Pls feel free to contact me to have a discussion.

Onassis Gan Eng Joo - CEA Reg No.: R021244C
CES Certified SG Realtor l SGRealtor.com
agent.myweb.sg (PropertyGuru) / agent.irealtor.sg (iProperty)

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