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Hi Mark,

She won't need to pay 7% ABSD, just need to pay BSD.

Feel free to contact me if you have any further doubts, and we can discuss from there.

Thanks and regards,
Teck Chuan, Ng
Marketing Director,
ERA Realty Network Pte Ltd
BBA (Finance), NUS
Mobile: 9137 4602  Read More

Assuming what you mean of the 7% tax is referring to ABSD. For her first property that she is buying, depending if she is a sg, pr 5% or foriegner 15%ABSD? Read More

Good evening Mark,

You will need to take note if you had purchased the current unit under non-citizen spouse scheme or single scheme. If the latter is true, she will be eligible to purchase private property under her name. However, if she is not SPR, the ABSD payable will be 15%.

Do feel free to contact me should you require additional assistance.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA

Looking for an experienced agent with knowledge on sales and purchase of residential property in Singapore?
With more than 10 years experience on all S&P cases, along with knowledge related to:

1) Mental Capacity Act
2) Long Lasting Power of Attorney
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4) Divorce
5) Bankruptcy
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You can be sure that your concern and doubt will be cleared. This would allow you to move forward in one of your life's most rewarding decision with ease of mind. Read More

Hi Mark,

If your wife is the occupier, then she is considered to be not holding on to any residential property. Once the MOP is fulfilled, she can purchase a residential property without having to pay ABSD.

Please feel free to contact me so that I can understand your intention better and provide you with further assistance!

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:
https://www.cea.gov.sg/docs/default-source/module/newsletter/3-2017/bouquets-for-property-agents.html

Testimonial from Satisfied Clients (2016/2017)
“I would like to recommend Nick Tan from SRI. Before we engaged Nick, we were working with another agent from a very popular property agency in February 2017. We decided to terminate the contract after 5 weeks of zero viewings and no paper advertisements. Basically he was just waiting for phone calls. We engaged Nick on 20th April and by 10th of May, our unit was sold off. Why Nick? 1. He has good marketing strategies 2. He always kept us posted on what he did (communications!) 3. He made sure we understand the current market situation but he will consistently reassure us that the unit can be sold off 4. He is not greedy and trusting 5. He walks the talk”

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“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)

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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)

“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) Read More

Hi Mr. Mark,

There are no difference whether you had bought this flat under Single Citizen scheme or Non-Citizen Spouse scheme. Since you had fulfilled MOP.
Your wife as an occupier, she is eligible to buy a private property.

(a) She is a SC, this shall count as 1st property. No ABSD (7%) needed, only the normal BSD (Buyer Stamp Duty).
(b) She is a SPR, this still count as 1st property. She is subject to 5% ABSD.
(c) She is a foreigner, she is subject to 15% ABSD.

Do note that, there will be difference if you had not fulfilled MOP of current flat for the 2 schemes mentioned above.

Hope the above answer to your main concerns, but if there are more queries, 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

Note:
Any response to our answer do not reach us until we scroll through each and every queries posted daily.
The best way to get a follow up is to whatsapp or email us directly. Read More

Hi Mark,

If your wife is only the occupier of your HDB flat, it means that she is not the owner of the HDB flat, and the private property that she will be purchasing will be considered her first property, and hence no ABSD payable.

Should you need any 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 and your partner in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More