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Hi Sir/ Mdm,

it will consider as second residential property in Singapore if you wish to purchase a private property in Singapore.

Do take note these cooling measures will be applicable:

1) 12% ABSD as Singaporean
2) need to set aside basic retirement sum of $85.5k in your CPF OA + SA first before you can utilise the excess OA in the purchase.

Hope my sharing aids in your property needs.

By the way will you be keen to find out more about owning two properties while at the same time, able to enjoy tax savings?

"Your Freehold Ally, Leasehold Tactician"

YT TAN 陈永达 | ACCA Graduate, RES
R043025D
Propnex Realty Pte Ltd

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Good day sir / madam.

If you are singaporean , you will have to pay extra 12% ABSD if you keep your hdb and buy your singaporea condo , this singapore condo will be counted as your second local residential property , the overseas or malaysian property is irrelevant in this circumstances . Alternatively save the extra 12% ABSD by selling your hdb if you want to buy the singapore condo .

If you are not singaporean , for example if you are a permanent resident PR , you cannot choose to keep both hdb and condo eventually , meaning if you buy a singapore condo , you will have to sell your hdb latest within 6months after collecting key to your condo.

Kindly contact me joanne chia mobile 8333 3327  for a no obligations chat for your property needs.

My charges are 1% commmision for exclusive ( sole agent ) selling rights to your hdb or 2% for open listing ( many agents marketing ) .

NO COMMISSION CHARGEABLE WHEN I SERVE PRIVATE PROPERTY BUYERS.

Joanne Chia
Chia_joanne@yahoo.com.sg
Hp 8333 3327  Read More

Hi Sir/Mdm

It will be considered your 2nd property in Singapore as overseas properties are not counted.
May I know more about your requirement?

Please contact me at (65) 96608508  or Silviayang8@gmail.com
or click here http://bit.ly/2tzIQ1a for non obligation discussion.
No agent fee from buyer for private property purchase
Thank you.

Warmest regards,

Silvia Yang
PropNex Realty Pte Ltd
Mobile: (65) 9660 8508 
Email: Silviayang8@gmail.com
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