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Hi. My 2nd question of the day.

I am currently living in an EC still under the 5years MOP using my 1st son and my name and my wife as an occupier.

My 2nd son was just born and I wanted to buy a 2nd house asap. Will it be possible to use his name to purchase a Private Condo and full cash down?
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3 Answers

Lyna Song
Replied
Hi Mr Lee;

Yes, you can opt to purchase a property under your 2nd son's name under Trust without incurring any ABSD ( assuming he is local ) .. But there are some restrictions to it.. Kindly contact me for further discussions.. Thanks

Rgds;
Lyna Song
Associate Group Director
PropNex
 9623-8442 
lynasong@hotmail.com Read More
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Robbie Chen Chee Howe
Replied
Hi Dennis,

Yes, this is one option which you may consider. There may be other options for you to consider as well, it depends on what is your family needs and objectives.

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 in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More
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Geryl Lim
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