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Hi, My wife and I are both SPR. We bought a private property on March, 2013. The property is still under construction and TOP 2017. If we want to sell it next year April, what would be the percentage of SSD that we have to pay? Is there any other charges incur during the process? And if we want to buy a new property after that are we still eligible for the 5% absd and 20% down payment? And also are we allow to buy a resale hdb if we have sold the private property? Thank you.
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3 Answers

Mike Lim
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Evening,

If you opt to sell your unit in March 2016, 4% SSD will be payable. Being SPR, the next purchase will still be subjected to 5% ABSD. The max loan quantum is still capped at 80% where 5% down payment must be made in cash and 15% can be paid using cash and / or CPF.

FYI
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More
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OHMYHOME PTE LTD
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Landon Chew
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Hi, hopefully you managed to sell your unit at a good price then. If, so then congrats! Hopefully you are doing well now.

If you are currently or planning to find a property agent, I can assist.

If you are interested in prices of houses in your neighbourhood, you may visit this website to find out more or contact me .

https://www.era.com.sg/R064892F

If you are currently planning to go on a property journey selling/buying/renting/investing, I can be of assistance. Do feel free to reach out to me for more queries and assistance.

Landon Chew
97 39 60 40
landonchew@email.com Read More
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