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Morning,

Since you co-own the current HDB unit with your father, did you also utilize CPF monies for the monthly installment as well? If so, you are required to set aside the CPF minimum sum prior being eligible to utilize the balance for the purchase. You will also need to know how much loan you are eligible for, before jumping in for the purchase. Do also take note that you will be liable for 7% ABSD, since this purchase will be your second property in holding.

Do feel free to contact me for further discussion.

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

Hi Owner,

As you are the co-owner of the current flat with your parent, there will be 7% Additional Buyer Stamp Duty imposed to you when you purchase on the second property.

May I further provide my assistance in understanding better which preferred area you are looking to invest and if required, feel free to contact me at 9001 0979  for non-obligation discussion.

Cheers,
Lewis Tan
 90010979 
ERA Read More

Hi there,

Will you be keen if I can help you get your investment property, and helping you save the 7% ABSD that is payable for 2nd residential property purchases?

There are many ways to go about this, however I need more information from you before I can better assist.

Feel free to call me at 97486305  . I can show you how it is done.

Best regards,
Robbie Chen
Propnex Realty Read More