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Hi Eugene,

1) As long as you are buying it as your matrimonial home, you are not subject to any ABSD, only BSD will be incurred.
2) This means that you must have your marriage cert before you exercise the OTP.
3) According to IRAS, they only recognize legal marriage, it can be solemnized locally or overseas but have to be able to produce the legal document on the day of property purchase.

Hope the above answer your main concerns, but if there are more query, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer

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Hi Eugene,

There will not be any ABSD payable because you will be buying as a matrimonial home and it will be your first property. BSD is still applicable.

Please feel free to contact me so that I can give you an overview of the purchase process and the the market outlook.

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS)
Cert-in-REA
(E) nick96444854@gmail.com
SEAA Salespersons Achievement Platinum Award 2020
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!!”
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Hi Eugene

1. Do you have any property in Singapore at the moment?
If you do not have any property in Singapore and this will be your matrimonial home then you are not subject to any ABSD, only BSD will be incurred.

2. Do you intend to take loan for your purchase?
If yes, Before shortlisting project/unit, I will suggest to check your in principal approval of your loan from banker.
I can connect you with reputable banker for this, free of charge and no obligation.

3. For Singaporean 1st Property Based on $1 mill, and assuming loan is 75%
5% Cash = $50,000
20% Cash/CPF = $200,000
BSD (Cash/CPF) = $24,600
Legal fee = $2,500 (estimated)
Please contact me at (65) 96608508  and I can share the breakdown for this calculation including timeline.

4. How many bedrooms are you looking at and which area you prefer?
I have current price list, promo of every projects in Singapore and will be glad to advise you

I will be glad to assist, no agent fee from private property buyer
Appreciate if you can contact me at (65) 96608508 
or click here https://bit.ly/WaSilvia to whatsapp me for no obligation discussion
Thank you.

Warmest regards,

Silvia Yang

Senior Marketing Director
ERA Realty Network Pte Ltd
Mobile: (65) 9660 8508 
Email: Silviayang8@gmail.com Read More

Hi Eugene,

I assume both of you do not hold any residential properties at the moment. Once both of you are legally married, you can do a joint purchase as your 1st matrimonial property, and ABSD remission will apply. Thereafter only the approx 3% BSD will apply for your joint purchase.

Hope the above clarifies. May I have more info and requirements about your plans so as 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 Diamond Achiever

SEAA Salesperson Achievement Award 2021 (Gold)
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ERA Top 93th Achiever for Full-Year 2020 (Top 1.5% Company Level)
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ERA Top 86th Achiever in Sept 2019 (Top 2% Company Level)

SMU BBM (Finance), Magna Cum Laude
Proactive. Sincerity. Feedback.

Contact: (+65) 97432395 
Whatsapp: wa.me/6597432395
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Hi Eugene,

Assuming you both do not hold any properties, this would be considered your 1st property and ABSD remission applies. You would only need to pay the BSD. Are you familiar with the payment structure ? Do you have a network of mortgage brokers to determine your loan? Finances are key and we should focus on the quantum ascertainment. My daughter and her partner are in a similar predicament like yourself and I am assisting them with their first matrimonial home.

Firstly, I would need to understand more of your preferences and circumstances as well as work out a financial plan with timeline to tailor and streamline customised options for you to consider.

The discussion , not limited to advise and insights, will also allow me to help you understand transaction caveats, historic sales report, available options and map out the market and the steps involved for a purchase. Perhaps you could contact me on my mobile or connect via zoom for an in detailed discussion. Thank you.

Do visit my website for my recent accolades, awards and testimonials @ http://www.kumarrai.myweb.sg

D Kumar
 +65 96659926 
ERA Associate Division Director

#1 team of ERA in Singapore, Asia Pacific International for 2014/5/6/7/8/9/2020

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2014-2020 ERA Asia-Pacific Business Conference Elite Award
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Hi Eugene,

I would be most glad to assist you further and please feel free to let me know if you need any assistance. Have a good day ahead. By the way, nope there be no ABSD if both of you are buying as your matrimonial home.

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More

Hi Eugene,

Congratulations to you on your upcoming marriage!

I am pleased to inform you that you need not pay ABSD if you fulfill the following conditions before you exercise the OTP for your purchase:
1) get married,
2) do not own any other residential properties in Singapore,
3) purchase the condo under sole name (yours) or joint-names

Do note that BSD is payable for all purchases.

I am experienced and well-versed in both HDB and private 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