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Hi Bernard,

Yes she is able to buy a resale EC once the EC reaches its 5 years Minimum Occupation Period. However, do note that as a SPR, she will have to pay the 5% Additional Buyer Stamp Duty on top of the normal Buyer Stamp Duty.

Please feel free to contact me so that I can give you an overview of the purchase process and also share with you the current market trend and sentiments.

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS)
Cert-in-REA
(E) nick96444854@gmail.com
SEAA Salespersons Achievement Platinum Award 2020
Visit my website to know me better: www.nicktan.com.sg

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Ms Chia (Buyer)

“Nick provides a delightful customer experience from day one when I engage him as my agent to look for a flat of my choice to the completion of the deal. He is competent, resourceful and has a pleasant manner to work with. He is the Agent of my choice in dealing with properties and I would highly recommend him to others who would appreciate an agent that takes care and can give the customer a peaceful mind.”
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Mr & Mrs Tan (Seller of Inter-Terrace House) Read More

Hi Bernard,

Yes, your wife is able to purchase a resale EC that has already met the MOP by the previous owner under her sole name after you have met the MOP of your HDB flat/EC.

Do take note that the relevant ABSD applies.

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 Bernard, it is possible, do contact me at 97970200  to discuss more on your options.

Mark, your RIGHT choice
Propnex Read More

Hi Bernard

1. SPR can buy a resale EC once the EC reaches its 5 years Minimum Occupation Period
2. For PR 1st property, Based on $1 mill, and assuming loan is 75%
5% Cash = $50,000
20% Cash/CPF = $200,000
BSD (Cash/CPF) = $24,600
ABSD (Cash/CPF) = $50,000
Legal fee = $2,500 (estimated)
Please contact me at (65) 96608508  and I can share you the breakdown for this calculation including timeline.
3. How many bedrooms are you looking at and which area you prefer?

I will be glad to assist, no agent fee from EC buyer
Appreciate if you can contact me at (65) 96608508 
or click here https://bit.ly/WaSilvia to whatsapp me for no obligation discussion
Thank you.

Warmest regards,

Silvia Yang

Senior Marketing Director
ERA Realty Network Pte Ltd
Mobile: (65) 9660 8508 
Email: Silviayang8@gmail.com Read More

Hi Bernard,

1) Yes, an SPR is allowed to purchase a resale EC or private property under her single name once your flat has reached MOP.
2) It is only the HDB flats that have various restrictions to ensure it is not used as a speculation tool.
3) Do note that other than the 5% ABSD for SPR purchasing the 1st property.
4) If she is also an owner of the current HDB flat, she will be subject to 15% ABSD for purchasing a 2nd residential property.
5) Once purchase ensure you are able to hold it for at least 3 years. Otherwise, you will be subject to Seller Stamp Duty (SSD) at 12/8/4% for the 1st/2nd/3rd years upon selling the EC.

Hope the above answer to 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

Note:
Any response to our answer does not reach us.
The best way to get a follow-up is to Whatsapp or email us directly. Read More

Good evening Bernard,

Your SPR wife is eligible to purchase a resale EC under her sole name. But do take note that she will be subject to 5% ABSD as SPR on top of the normal buyer's stamp duty.

Out of curiosity, how come you don't have thoughts to buy along with her?

Will you be keen to know more on a tax savings method?

Hope my sharing helps in aiding in your enquiry. May I know how can I value add further in your property needs?

Best regards,

YT Tan
Property Kaki
You dream. I create. We make it happen!

Contact:
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