2 Answers
You may sell the private property anytime after purchase, however, it maybe subjected to seller's stamp duty.
As of current regulations, seller's stamp duty is imposed if you sell a property within 4 years of purchase.
If I may help you in purchasing a unit, do let me know.
Regards,
Geryl LIM
Real Estate Consultant
CEA Reg R014783H
Mobile: +65-81577565
Email: lim.geryl@yahoo.com.sg Read More
If you would know how soon your wife can get PR, I suggest you wait till she gets PR then buy HDB. If the wait is only a short time frame, rather wait.
If you knows that will be another few years to get PR, then I suggest you buy private condo now. You can still sell your condo, but is better you sell it on the 5th year after you bought. Within the 1st 4 yrs of selling, you will need to pay the Seller's Stamp Duty, which will not be a wise thing to do.
Send me an email and let me know what's your budget, I might able to find you a good deal. Please feel free to drop me an email or call me directly for a non-obligation discussion, if you still have further questions.
Thank you & Best Regards
J.A.Goh
HP: 9639 0350
ERA Senior Marketing Director
CEA Reg No. R025894Z
CEA License No. L3002382K
www.gohjaERA.myweb.sg
Email: gohja@singnet.com.sg Read More