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Hi there, yes actually its possible to reduce the absd to the min and at the same time having both of you as owners for your next property purchase, However, we would need to understand more about your ownership status and CPF commitment before we are able to advice on the suitable solution. Do drop us a call or e mail for a more detailed discussion before you proceed with your plan.
Thanks
Rix
 9687 1379 
rix.jim@hotmail.com
Propnex Read More

If you want to be owner then can use cpf if not you can not use cpf without input your name into the house.

regards
wilson
 96305577 
wilsonleong61@gmail.com Read More

Good afternoon,

Since both names are registered in the HDB unit, you will still be required to pay ABSD, whether it's purchased under either name only or under joint tenancy. As for the mortgage, if it's purchase under either name, the CPF deduction can only be done from the owner's CPF account.

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

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More

Dear Owner,
Forestwood is a gd project but left 2bedrms + study. Please kindly call or pm me at 91442664  for a detailed chat on how to move on from here.
Tricia Tan propnex
 91442664  Read More

Hi Mdm,

You mentioned that you and your husband are Singaporeans, and co-owned your HDB.

Should either of you purchase a second residential property, you will be liable for ABSD of 7%. Be it buying under your name, your husband's name, or joint names, the ABSD is the same.

However, there is a possible way now for both of you to save on this 7% ABSD which I would love to share with you.

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