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Hi,

Buying under SC name for 2nd property is better as the ABSD payable is lower at 7%. Are you planning to sell your HDB after getting condo? Thanks and hope to understand your objectives and requirements better so to make better recommendations. Thanks and hope to discuss further.

Warm regards
Ivan ERA
 97432395 
Ivanng10@gmail.com
Website: http://www.ivanng10.com/#!reviews/c11r1
(Client's Testimonials) Read More

Dear madam,

Ivan has pointed out the right factor for your consideration. As you are purchasing a 2nd property, ABSD (Additional Buyer's Stamp Duty) is applicable, therefore as long as you are the owner or 1 of the owner, the ABSD rate applicable will be higher than the 7% if only your husband name is the owner. Having said that, it will also be important to consider the financial aspect of this purchase as the lending regulations have been tightened and many buyers are affected by the 60% TDSR regulations when it comes to property purchase.

You may wish to get in touch with me to go through what you should be looking out for in the planned purchase.

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Regards,

Geryl LIM
Real Estate Director
Global Alliance - Masters Of Real Estate
M.O.R.E Property Pte Ltd (L3010548F)
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Mobile: +65-81577565  /+65-92787772
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HI all, If you are looking at your second property, there is a few ways to go about it,
1: Buy another property under both your name and be subjected to loan restriction and ABSD.
2: Do a de-couple and buy under SPR name and be subjected to 5% ABSD.
3: Restructure your whole portfolio with a view of a better investment return
Before I can recommend a suitable solution for you guys, we will need more information on your situation and your needs.
Do drop me a call or e mail for a more in depth discussion before you proceed
Cheers
Rix Jim
 9687 1379 
rix.jim@hotmail.com
Propnex Read More

Afternoon,

Upon fulfilling MOP, either or both of you are eligible to purchase your second property. ABSD payable for SC is 7% and for SPR is 10%. As for the loan perspective, you can get up to 80% loan, subjected to assessment.

Do contact me further for detail discussion.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More