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Hi,

2nd property will definitely incur ABSD. However, there are different scheme which might suit you.

Perhap you can contact me at 92707548  to discuss further.

Thanks

Alan Sng
PropNex Read More

Hi,

For 2nd residential property purchase of Singaporeans, ABSD of 12% is definitely payable. If the prospects of current hdb are no longer good, you may want to consider to restructure the portfolio by selling the hdb to own 2 properties. Otherwise buying under a trust for your children can also be an option but typically its an all cash arrangement.

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 Realtor
ERA Senior Marketing Director
ERA Top 600 Achievers in Year 2017 (Top 10%)
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SMU BBM (Finance), Magna Cum Laude
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-- HDB BTO 4rm Sellers Mr. Farvin & Ms. Sel --

Ivan was the first agent that we met up with and right from the offset we had good vibes as he has a friendly personal approach, detailed working style and focuses on building the long-term relationship. He is a committed professional and has fast execution, so we felt assured that things are done well and we can entrust the sale process entirely to him.

We're looking to find an investment property next and will be glad to work with Ivan again for the long-term to restructure our property portfolio. He has become a friend now, and we are most happy to recommend his professional services to our loved ones and friends.

--- HDB Flat Upgraders Mr. & Mrs. Lee ---

We decided to engage Ivan as our agent as we were impressed with how he answered all our enquiries. He has helped us to find our ideal unit and also sold our current unit. He was very patient and never pushy when we were looking for our ideal unit. He would tell us that it is always important to find a unit that we really liked. Thanks Ivan! :)

-- Sellers of Exec Maisonette Gaffoor & Isha --

Buying or selling property is a big decision, as we wanted to make sure our agent is someone we can trust, get in touch with, and approachable. Ivan certainly fits the bill. He was available anytime of the day to answer our queries and was with us throughout the process. We have no reservations in recommending him.

-- HDB BTO 4rm Sellers at Sengkang, Jonathan & Abigail --

By faith, we signed the contract with Ivan and in less than two weeks time, we opened our house for the first and the only viewing, days later the OTP was signed! Thank you for all your excellent diligent services and all the professional advise!

-- HDB upgraders to New EC owners Mr. & Mrs. Goh --

My unit was marketed by another agent back in Q3 2017 and after more than 3 months, there wasn’t any offer. I almost lost hope and thankfully I made the right decision to switch to Ivan. Through his hard work, perseverance & commitment, my unit was sold by Q1 this year. Would definitely recommend Ivan’s services to any potential sellers out there. Read More

Dear sir,

The question put forward sounds like you are enquiring on how to evade tax :)

Anyway, due to the fact that you are currently holding on to a HDB, if you have no intentions to liquidate this property, ABSD will be applicable and there is no way to run away from it. As what Ivan has shared, you may wish to consider looking into monetizing your existing HDB (I do understand that there maybe emotional attachment to this home) and work on the purchase of private home. I do not highly encourage you to look into purchasing 2 homes after the sale, but perhaps look into purchasing a dual-key apartment such that you will be able to stay in the main apartment and rent out the other side for rental income instead of risking to be paying off 2 mortgages.

We can run through more detailed financing options with you in order for you to understand better what is the most optimised way to proceed further.

I have been in the real estate business since 2009, with more than 10years of experience serving the Singapore real estate market.

I am very active in the residential segment of Singapore real estate market, having transacted hundreds of deals from HDBs to private condominiums and landed properties in Singapore, and have handled many unique cases in sales and purchases as well as rental deals.

Over the years, I have also established a network reaching out to more than 9,400 expatriates, bringing my market presence to both in and outside of Singapore. This has created an additional exposure when I manage my clients’ portfolios, on top of the conventional on and offline platforms, where other estate agents are relying on. This has allowed me to consistently convert leads into results.

With an evolving market, where change is the only constant, I have also been investing in upgrading of my knowledge and skills sets to improve myself and meet the demands of current and future market.

We are offering our clients a complimentary first consultation without obligations (Absolutely FREE!). Schedule for your FREE session today!

Warmest regards,
Geryl Lim
Associate Deputy Group Director
Salesperson Registration No. R014783H
Email: geryl.lim@orangetee.com / geryl7772@gmail.com
OrangeTee & Tie Pte Ltd 430 Lorong 6 Toa Payoh #01-01 OrangeTee Building Singapore 319402
Estate Agent Licence No. L3009250K
[main] +65 6471 8888  [mob] +65 81577565  [LDA] +65 92787772 
www.geryllim.com
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Hi Do contact me at 97970200  to discuss more on your options

Mark, your RIGHT choice
Propnex Read More

Hi, I am ready to share over a cup of coffee. Looking forward to share my personal journey with you. Call or whatsapp me at 9696 4398  . Stewart - Propnex Read More

Good day sir / madam.

There is no way to escape ABSD if you want to buy a second property while you keep your hdb .

Alternatively you can upgrade conservatively to just one private property in total, however if you are very optimistic and aggressive about property investment , and at least one of you or your spouse has a very stable job and high income , even better if both of you are likewise have stable , high income jobs , you and your spouse can consider each buying one private property after selling your hdb , having said this , i would say this is very aggressive investing.

As i do not have your contact therefore cannot contact you , Kindly contact me joanne chia hp 8333 3327  for a no obligations chat for your property marketing needs .

My charges are 1% commission for exclusive ( sole agent ) selling rights to your hdb , or 2% for open listing ( as many agents as you wish ) .

Thank you and hope to hear from you soon .

No commission chargeable when I serve private property buyers.

Joanne chia .

Hp 8333 3327  Read More

Hi;

Congrats on achieving MOP for your unit.. you are now eligible to sell / rent out your unit.. Regarding your question in 2nd property, unfortunately, it is not possible to avoid ABSD for your next property while holding on to your current HDB.However, there are many other options that allows you to have ABSD refund.. Please feel free to contact me for further discussion as i'm unable to contact you here. Thanks

Rgds;
Lyna Song
 9623 8442 
Associate Group Director
Propnex Realty Pte Ltd
lynasong@hotmail.com Read More

Dear Sir,

If your objective is to avoid paying Additional Buyer Stamp Duty (ABSD) for a 2nd property, there are several ways to achieve this. Please feel free to contact me so that I can share with you privately.

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS)
Cert-in-REA
(E) nick96444854@gmail.com
Visit my website to know me better: www.nicktan.com.sg

I was featured recently on Council for Estate Agencies (CEA) Newsletter:
http://bit.ly/CEAnews

I have written a guide on buying Residential Property:
http://bit.ly/buypropertyguide

Testimonial from Satisfied Clients
“Nick is a responsible, efficient and excellent salesperson. He has very good knowledge of the real estate market and I benefited a lot from his advice and sharing. He is extremely patient when guiding me through the buying process and I am happy to secure a dream house within my budget with his assistance. A highly recommended salesperson who made my house hunting journey a breeze.”
Ms Chia (Buyer)

“Nick provides a delightful customer experience from day one when I engage him as my agent to look for a flat of my choice to the completion of the deal. He is competent, resourceful and has a pleasant manner to work with. He is the Agent of my choice in dealing with properties and I would highly recommend him to others who would appreciate an agent that takes care and can give the customer a peaceful mind.”
Susana (Buyer)

“Nick is very pro-active in helping us to resolve whatever questions and problems that we encountered. All the issues are settled even before us having to request or ask for a second time. He was very frank and transparent with all the details, limitations and advantages that we wouldn’t have known. I think this is the most important virtue to be successful in this line. I will surely recommend him to anyone who needs his service because I trust that they will be equally satisfied!!”
Mr and Mrs Chan (Sold and Bought a property through Nick)

“We are very grateful to Nick for his extensive marketing efforts. With his comprehensive marketing plan, he helped us to achieve a record selling price within 2 weeks of listing our property for sale! We highly recommend his service to anyone who is keen to sell their properties.”
Mr & Mrs Wong (Property Seller)

“Nick has conducted himself ethically and professionally when handling the sales of our property. Thanks to his patience and perseverance, we managed to secure a sales price beyond our expectations.
We are very happy and satisfied with his services and will definitely recommend him to our friends and family in the future.”
Mr & Mrs Tan (Seller of Inter-Terrace House) Read More

Hi Sir,

Depending on the situation and the property you're planning to purchase, you may be able to avoid paying ABSD for your second property purchase.

May I know if the second property that you're planning to purchase is a condo for your own stay? Or are you looking at it as an investment property?

I am experienced and well-versed in both private and HDB resale transactions. I will be able to assist you in your property plans. Please get in touch with me for a more in-depth discussion.

Should you need require further assistance in matters relating to property, please contact me at my mobile 9748 6305  . I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More