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Hi,

Generally Singapore residential property prices has been quite resilient and stable so I would say its a good store of value for wealth accumulation and progression, hence its good to purchase a property here. For Singaporean PR - Foreigner couple, they cannot get HDB as they are not eligible. You can't purchase HDB with your SC sibling also as this is not deemed a eligible family nucleus in HDB's definition.

As a SPR household, your parents have to sell away the HDB once they purchase private property. Hence to maximize your property portfolio, and if its financially comfortable to do so, it is ideal to purchase a private property in your sole name, as the buyer stamp duty will be minimized and your parents can keep their HDB.

Hope the above clarifies. May I have more info and requirements about your plans so as to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,

Ivan Ng Realtor
ERA Senior Marketing Director
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Mr Wang & Ms Ng : We want to convey our thanks to Ivan, who helped us find our first home. Ivan was very responsive when we first met, and took time to understand our needs and requirements for our first home. He helped us narrow down our criteria and gave us good advice on how to structure our mortgage as well. He also made a great recommendation of an area we never thought of, and it was where we eventually bought our home. We appreciate Ivan's thoroughness in pros and cons of all our options that we viewed. We never felt pressured or rushed to make a decision. In fact, Ivan gave honest and useful inputs on the considerations of acting immediately or waiting. All in all, it was a very smooth experience and we ate very happy with the unit we bought. Thank you very much, Ivan! Read More

Dear sir/mdm,

Singapore PR enjoys relatively low Additional Buyer's Stamp Duty for their 1st residential property purchase at 5% on top of normal buyer stamp duty, however, given that your spouse is a non resident, you will be ineligible to purchase any HDB here.

In fact, if you wish to check on your eligibility to purchase a HDB here, you may actually visit this link at https://services2.hdb.gov.sg/webapp/BP13EligCheck/BP13SHome?strSystem=CHECK, fill up the form with necessary details and you should be able to find out if you can purchase a HDB in Singapore.

In the event that you are purchasing a condo with your non-resident spouse, the higher tier of Additional Buyer's Stamp Duty will apply. If your non-resident spouse happen to be Nationals or Permanent Residents of the following countries, he will be accorded the same Stamp Duty treatment as Singapore Citizens: Nationals and Permanent Residents of Iceland, Liechtenstein, Norway or Switzerland and Nationals of the United States of America, where there is no ABSD applicable on their 1st residential property purchase here in Singapore. Therefore if you are able to afford the purchase on an individual basis taking advantage of the ABSD requirements, we can work something out for you to consider.

Lastly, since your parents are both SPR, they are ineligible to hold on to their HDB if they decide to purchase a private condo based on current legislations. Read More

Good afternoon!

1) You will not be able to purchase a HDB with your sister as it does not meet HDB's definition of an eligible family nucleus. However you can jointly purchase a condo with your sister.

2) You will not be able to purchase a HDB with your spouse as it does not meet the eligibility criteria. However you can jointly purchase a condo with your spouse. In the event your spouse is a National of USA, there will be no ABSD payable as Nationals of USA (amongst a few others) are accorded same Stamp Duty treatment as Singapore Citizens.

3) Your parents will not be able to hold onto a condo while keeping a HDB, due to the eligibility conditions. SPR have to sell off their HDB if they purchase a private property.

Please do contact me and we can discuss further on your options, and which will be most feasible for you. I hope to hear from you and advise you.

Bhavina Kaur
Propnex Realty

Mobile: +65 91708295 
Email: bhavina7777@gmail.com
Facebook: facebook.com/investbuysellrent
Whatsapp: wa.me/6591708295 Read More

Good afternoon!

1) You will not be able to purchase a HDB with your sister as it does not meet HDB's definition of an eligible family nucleus. However you can jointly purchase a condo with your sister.

2) You will not be able to purchase a HDB with your spouse as it does not meet the eligibility criteria. However you can jointly purchase a condo with your spouse. In the event your spouse is a National of USA, there will be no ABSD payable as Nationals of USA (amongst a few others) are accorded same Stamp Duty treatment as Singapore Citizens.

3) Your parents will not be able to hold onto a condo while keeping a HDB, due to the eligibility conditions. SPR have to sell off their HDB if they purchase a private property.

Please do contact me and we can discuss further on your options, and which will be most feasible for you. I hope to hear from you and advise you.

Bhavina Kaur
Propnex Realty

Mobile: +65 91708295 
Email: bhavina7777@gmail.com
Facebook: facebook.com/investbuysellrent
Whatsapp: wa.me/6591708295 Read More

Hi,

I would be most glad to assist you further and please feel free to let me know if you need any assistance. Have a good day ahead. By the way, a single PR is not eligible to purchase a resale HDB flat, so you may consider purchasing a resale EC or a private condo either for stay or to rent it out.

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More

Hi,

I regret to inform you that you're not eligible to purchase a HDB flat, either with your sister or with your spouse, as you do not form a valid family nucleus.

You can however purchase a private condo with either or both of them.

If you were to purchase a HDB flat with your parents, they will have to sell off their current HDB flat. If you were to purchase a private condo with your parents, ABSD applies, and if their HDB is still under loan, the LTV also drops. TDSR applies too.

I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans. Please get in touch with me for a more in-depth discussion.

Should you need require 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

Hi

To answer your question, there is no restrictions on purchasing a condo even under your own name. However the complication will arise if you bought the condo together with your SPR parents. Your SPR parents is required to sell off their HDB as HDB does not allow a non-citizen to own both a HDB and private property at the same time. Do note that 5% ABSD applies for SPRs purchasing their first property. This rule still applies even if you purchase together with your SC siblings as IRAS will look at the highest profile buyers when determining ABSD. As for HDB, you could not purchase with your SC sibling as you could not firm a family nucleus with her. You could also not purchase HDB together with your husband as he is a non resident and HDB does not allow non-residents to be owners. You may purchase a HDB with your SPR parents if you has been a SPR for more than 3 years but your SPR parents need to sell off their current flat as HDB does not allow anyone to own more than 2 HDB at the same time. Do contact me at 93375051  for a free and non obligatory discussion on this.

Regards
Taufik Hussein
Marketing Director
ERA Realty Network Pte Ltd
CEA Reg No: R061607B
Contact No: 93375051  Read More

Hi,

1) With SC sibling: buy condo only
2) With a Non-Resident spouse: buy a condo only
3) With parents: can buy HDB or condo. You can only be an owner if your current SPR status has been maintained for at least 3 yrs or more.

Your parents are not to buy a condo and keep the current HDB flat.
The HDB policy only allowed HDB households with at least 1x SC as an owner or essential occupier to buy private and keep their HDB flat at the same time.

Please give me a thumbs-up if the answer provided is relevant to your main concern. Thanks!!!

Hope the above answer your main concerns, but if there are more query, 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
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer

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Hi,
I would be glad to assist you.
Feel free to contact me at 97100155  . .
Hope to hear from you soon.
Pei
Associate Group Director
Propnex Realty Pte Ltd

https://linktr.ee/peiproperty
https://r011838b.propnex.net Read More