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Hi, My wife and I have a HDB and a private condo under our names, market value at about $1.1M. The HDB is fully paid up and condo still has $700K outstanding loan (50/50). Does it make economical sense to transfer the condo to my wife and I purchase another private property under my name only, say at $1.6M. What would be the fees involved?
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3 Answers

Geryl Lim
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Dear owner,

Joel has painted a summarised picture on the savings you are looking at for transferring your existing property to your wife solely, but I believe that purchasing a property for investment is never as easy as this. Going forward, you will need to assess your household financial commitment before you proceed.

Regards,
Geryl LIM
Real Estate Consultant
CEA Reg R014783H
Mobile: +65-81577565 
Email: lim.geryl@yahoo.com.sg Read More
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Koh Zhen Hon
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Hi,

Regard to your question. Why not you just drop me an email at ot1984pierre@gmail.com or Contact me @ +65 8 2 7 9 8 3 2 7

Welcome owner/Landlord to list through us

Questions ..
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Mortgage Calculations
Repayment Calculations
Difference Between HDB n Bank Loans
Home or renovation Loans
Property Tax
hdb resale checklist
Getting a BTO Flat
Getting a licensed contractor hdb
Tenancy Agreement For renting or rent out a house
home insurance coverage - HDB Fire Insurance
What is OTP ?

Shalom

Regards

Koh Z H
hp- 8 2 7 9 8 3 2 7
Cea Reg - License Number - R 0 5 7 8 1 0 C
Orangetee - L 3 0 0 9 2 5 0 K
AAG

All welcome Read More
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Able S.K Toh
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