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HI, I am a SPR. If I purchase a private condo now. 3 years later, if my SPR renewal was failed, can I retain the property or I must sell it out? 2. For BSD + ABSD is payable at the time we purchase property or once my SPR status is waived, I need to top up the ABSD as foreigner rate?
Thanks in advanced.
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6 Answers

Hi,

Amount of BSD+ABSD payable is based on your purchaser profile at point of entry / signing. Hence even if your SPR status changes down the road and become foreigner, you need not sell away the place and need not top up any stamp duties.

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 ERA ASAP
(ASk Anything Property)
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Christine Huang
Good day!

Purchasing of the property is based on the current status of the purchaser at the point of purchase. Hence, you will also pay for the stamp duty according to your status at the point of purchase. You do not need to top up the taxes should your status change a couple years later.

Prior to any purchase, do also find out more on your financing status and timeline so that you can have a better idea of what's ahead.

Feel free to contact me should you feel I'm able to assist you further.

Have a great day. Cheers!

Christine Huang
 +65 94783204 
PropNex Read More
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Jaibin Pappachan
Hi;

You won't need to worry about paying or topping up extra stamp duty even if your PR renewal is not successful. You will rightfully be able to hold on to any eligible private purchase you made. Private condos are flexible compared to HDB's as there is no restriction for PR to rent it out at will. Time is right to enter Private non-landed market. I will be glad to discuss more in detail as we approach the launches of some exciting developments.

Feel free for a discussion. You can reach me @ 93830375  .
Jaibin
jaibinpappachan@gmail.com
ERA REALTY PTE LTD
R044747E Read More
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Hi,
Once you purchase the property, you can retain even lost the PR. The BSD and ABSD is only payable during the purchase. No top up required if the owner lost PR and become foreigner. To advise you more on the rules related to purchase of property in Singapore, kindly drop me an email for me to share.

To assist and advise you more in details, kindly drop me an email for me to share.

I am contactable at my mobile or email.

CK Ang
 9046 3808 
res.ckang@gmail.com Read More
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Hi,

The BSD & ABSD would be based on the profile of buyer during point of purchase. It will no need of selling away the unit or topping up of stamp duties if status changed.

Should you have any queries, feel free to contact me at my mobile no. I would gladly be of a service to you.
Good day ahead!

Shawn Yim
CEA Reg. No: R049796J
Propnex Realty Pte Ltd
HP: 9695 4627 
Email: sean_5832@yahoo.com Read More
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GAN ENG JOO ONASSIS
Hi,

Re: Today’s SG Professional Choice- SGAgent.com & SGRealtor.com

Pls provide your contacts detail in order to contact you based upon your stated contents and walk you through the entire process with options.

I am contactable at 92222389  or onassis@sgagent.com / sgrealtor.com

In all Areas of Singapore. Sale/Buy/Lease/Rent, Please call and/or drop me an email me. I’m always at your Services.

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