Hi Sara, apologies for the late reply. Cause Propertyguru doesn't prompt us for any reply to our post, I have to manually read up every post. Hmm, If you manage to obtain a SPR status soon, you will still have to bear additional buyer's stamp duty but it will be 5% but not 15% ABSD as a foreigner. High difference of 10% (it will be $100k for a $1M property.) As for the estimated 38% initial outlay, it will be 20% downpayment (if you can obtain a 80% bank loan), 15% ABSD and 3% buyer stamp duty (its 3% x purchase price minus $5400). I hope you get a clearer picture. Cheers! You can either email, whatsapp or we chat me if you need future clarification. YT Tan ECG Property
9111 5171
yt.lovelyhomes@gmail.com
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