AskGuru Q&A Community

Hi,

As long as you are SC and have met the MOP, yes you can purchase another private property. However, ABSD will apply at 10% (for SC 3rd property) and loan will be much lower if you have outstanding loan.

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

Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude

Email: Ivanng10@gmail.com
Contact: (+65) 97432395 
Facebook Page: www.facebook.com/ASAProp
Website: http://www.ivanng10.com/clientreviews/
(Client's Testimonials) Read More

Afternoon,

As long as you have not sold your HDB unit which you are currently holding, you are eligible to purchase other private properties without the need to remove ownership on any of the existing properties on hand.

Do feel free to contact me for further discussion.

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

Interesting.. U should do health-check on your assets. If I were u, I'd sell off your HDB. Why? PM me and I can share more with you. It is too "open" here :P Read More

Hi,
Yes, you can keep the HDB and purchase another private condo. Fyi, 10% ABSD is payable for the 3rd property.

To assist and advise you more in details, kindly drop me an email for me to share.

I am contactable at my mobile or email.

CK Ang
 9046 3808 
res.ckang@gmail.com Read More

Hi,

You are eligible to purchase another private property. If you're Singaporean, take note that there will be a 10% Additional Buyer Stamp Duty (ABSD) that you will need to pay on top of the normal stamp duty.

Also, Loan-to-Value (LTV) and Total Debt Servicing Ratio (TDSR) applies if you're planning to take another loan.

Please contact me at my mobile 9748 6305  . I would like to find out more on your property investment objectives, so that I can propose the best possible option in terms of cost savings and best potential returns on your investment.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More