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Hi, I wish to buy a residential property under my company name. I wish to clarify few items

1) How much maximum loan i am eligible
2) How much should i pay for my stamp duty and ABSD (for 1st property how much and 2nd property how much?)
3) Can i sell within a year. Any penalty for selling property under company?


Your clarification on the above greatly appreciated.
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4 Answers

Bala S OrangeTee
Replied
Hi,
To purchase residential property under Company's name
1) The maximum loan (LTV) will be 20%
2) Normal Stamp Duty (3% -5400) and ABSD of 15%
3) Sellers Stamp duty (SSD) will apply if you want to sell before 4 years.
Within 1 year of ownership, you need to pay 16% Seller's Stamp Duty (SSD).
After 1 Year before 2 years of ownership, it will be 12%.
After 2 Years before 3 years of ownership, it will be 8%.
After 3 Years before 4 years of ownership, it will be 4%.
SSD will not applicable after 4 years of ownership.
Please feel free to contact me for more details
Thanks
bala@orangetee.com
 92977650  Read More
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Able S.K Toh
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Able S.K Toh
Replied
WhatsApp me at >>9856 9255 or through this link.:https://wa.me/6598569255.

----------------------------888--------------------------------888--------------------------->>>

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0
Upvote Upvoted
Able S.K Toh
Replied
WhatsApp me at >>9856 9255 or through this link.:https://wa.me/6598569255.

----------------------------888--------------------------------888--------------------------->>>

(1) "If you need more assistance with property matters:

like renting / selling, buying / or investing, I'm here to help!

WhatsApp me at: ✔✔ABLE Toh (65) 9856*9255 or through this link.:https://wa.me/6598569255

(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )

(2) (***) ✅✅ You can READ my REVIEWS here:

✅✅ https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.

(3) ✅✅ For PRIVATE Home Buyers, I offer solutions for sourcing resale and new PRIVATE homes at ✅✅ ZERO charge (Because Most PRIVATE seller Agent are willing to share commission with Buyer Agent)

*** You can reach me at my Singapore mobile: @ +65 9 8 5 6 9 2 5 5

***(4) ✅ ✅ ✅ DEVELOPER SALES TEAM!!! BEST PRICES !!! ✅ ✅ NO AGENT FEES !! ✅ ✅ LOWEST PRICE GUARANTEED!!!

*** ✔✔Connect Singapore Line: ✔✔(65) 9856*9255

FOR : UPDATED INFO / E- BROCHURE / FLOOR PLAN / PRICE LIST!!!

NEW Launches Condominium in SINGAPORE :CALL/ WHATSAPP me FOR BEST CHEAPEST, LOWEST PRICE Straight From Developer Sales Team !!! Read More
0
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