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Hi,

Since its your 2nd property, do note that 7% absd is payable and only excess monies above 80.5k in your CPF OA+SA can be used for 2nd property. You can take only max 50% loan if you still have loan for hdb. May I understand your plans further 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)
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Hi,

There are some rules on CPF-OA usage and also transaction fees involved in purchasing a second property in Singapore.

I would like to assist you in your property investment journey. Let's meet for a in-depth discussion on this.

Please get in touch with me at my mobile 9748 6305  .

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More

Hi,

Will recommend to clear the housing loan of HDB before purchase a second property. As you able to loan up to 80% of the property.

30% of the 600k = Total 180K est (cash/cpf est needed)

Feel free to engage me as your agent. I can assist you based upon your stated contents and walk you through the entire process with options.

Call me now, we can explore further in detail.

I am contactable at 92222389  or onassis@sgrealtor.com / sgagent.com

In all Areas of Singapore. Sale/Buy/Lease/Rent, Please call and/or drop me an email me. I’m always at your Services.

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if you are ok with immediate rental or near completion development. i will share the know how of it

regards
wilson
 96305577 
wilsonleong61@gmail.com Read More

Dear sir/madam,

It is not about the percentage you are able to utilise from CPF for your purchase but only the amount in excess of $80,500 (total of your OA & SA) for the next purchase. Do you have specific projects you are considering already perhaps I can share more with you? Also do take note that since your HDB is fully paid, you will be eligible for up to 80% loan subjected to your income (TDSR). Do speak to a banker to ascertain your finances before moving ahead with the shopping process.

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.

Visit and Like my facebook page at https://www.facebook.com/propertyblogshop/

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My self introductory video on https://youtu.be/6UfrCOCB6Mg

Regards,

Geryl LIM
Associate Marketing Director
Global Alliance Property (L3010679B)
CEA Reg R014783H
Mobile: +65-81577565  /+65-92787772
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Good day sir / madam

Please note additional costs such as 7% ABSD additional buyer stamp duty if keep hdb and buy private property .

Yes need to set aside cof $80 500 in cpf oridiary account and / or special account .

Most likely your cpf special account already exceed $80 500 balance , if that is the case , can use your entire cpf ordinary account balance .

Kindly contact me or a no-obligations chat for your property needs .

My charges are 1% commission for exclusive selling rights to your hdb or 2% for open listing .

No commision chargeable when i serve private property buyers .

Thank you .

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

Good evening investor,

Do take note of these cooling measures ahead of your investment:

1) you have to set aside basic retirement sum of $80.5k in your CPF OA + SA first before you can use the excess CPF OA funds in this purchase which therefore left you around $20k.
2) you will be subject to 7% additional buyer's stamp duty as Singaporean.

Care to share more details about your intention?

Any interest to know how to restructure your property portfolio and save on the 7% ABSD?

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Join me on board towards a hassle free update on valuation now!

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
Senior Associate Marketing Director
R043025D
Propnex Realty Pte Ltd
Estate Agent no. L3008022J
Blk 480 Lorong 6 Toa Payoh, #10-01/11-01 HDB Hub East Wing, Singapore 310480

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