4 Answers

Dear sir/madam,

Your purchase will be subjected to maximum Additional Buyer's Stamp Duty of 10% on top of 3% of Buyer's Stamp Duty.

In addition, if you still have outstanding housing loan, your maximum loan amount can only be 50% subjected to Total Debt Servicing Ratio of 60%.

I believe your existing 2 properties are tenanted at the moment therefore you are exploring options of buying the 3rd property for your own stay upon return?

Let's discuss further on your plans such that I can tailor make a proposal for you.

Tenants can visit http://bit.ly/SGExpatRental (Official Rental Requirements - Singapore Expatriates) to indicate your rental requirements.

Claim your free home report today at http://bit.ly/ClaimFreeReport.

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Regards,

Geryl LIM
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Global Alliance Property (L3010679B)
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Robbie Chen Chee Howe
Hi,

For Singaporeans purchasing a 3rd private residential property, you will be liable to pay an Additional Buyer Stamp Duty (ABSD) of 10% on the purchase price. This is on top of the normal Stamp Duty.

If your existing 2 properties in Singapore is still under loan, you will be capped on the amount you can loan for your 3rd property. And all these will be subjected to a Total Debt Servicing Ratio (TDSR) of 60% of your monthly income.

Should you need any further assistance, please contact me at my mobile 9748 6305  . I will be happy to assist and update you on the latest rules and regulations.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More
0
Afternoon,

Being a SC with two private properties in hand, you will be limited on the mortgage amount should both of the units are still on loan. Do note that the cash component on down payment for second mortgage and above is at least 25%.
You will also be liable for ABSD of 10% of purchas price, aside from the standard stamp duty, also payable by cash.

Do feel free to contact me for further discussion.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More
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Hi Sir,

For Singaporeans purchasing a 3rd private residential property, you will be liable to pay an Additional Buyer Stamp Duty (ABSD) of 10% on the purchase price. This is on top of the normal Stamp Duty. If your existing 2 properties in Singapore is still under loan, you will be capped on the amount you can loan for your 3rd property. And all these will be subjected to a Total Debt Servicing Ratio (TDSR) of 60% of your monthly income.

Perhaps we could speak further to discuss more comprehensively the crux of your requirements and preferences. Following our discussion, I will be in a better position to conduct an accurate financial projection and breakdown of cash flow for your purchase to narrow down & explore the possible options accordingly at no obligation.

In this new experience with weak market sentiments, it may very well be apt to have yourself walked by step by step in this process to ensure you are not shortchanged in view of your unfamiliarity. This is a buyer's market of weak market sentiments. The question always lies in HOW to leverage on it to get the best possible deal.

I will guide you through the entire purchase- from shortlisting, to negotiation, to establishing loan matters and working out finances (cash/cpf/progressive payment), paperwork, sorting legal matters, providing you with recent up to date transaction caveats for benchmark pricing as well as furnish you with a customized sales report & indicative valuations.

D Kumar
 +65 96659926 
ERA Associate Division Director
www.kumarrai.com ( Recent Awards and Testimonials)

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