Asked by Anonymous
I own 1 hdb and 1 condo. I'm looking for a new private property (near mrt + either top soon or new launch). What are the different methods i can consider if
1) I don't want to pay 10% ABSD
2) Will only sell condo
And about purchasing under trust, if I purchase the property under my child's name under trust (i understand payment must be made in full), do i still have to pay ABSD?
In the future when my child transfer ownership back to me (i understand ABSD 7%), is there a min price that she has to sell?
1) I don't want to pay 10% ABSD
2) Will only sell condo
And about purchasing under trust, if I purchase the property under my child's name under trust (i understand payment must be made in full), do i still have to pay ABSD?
In the future when my child transfer ownership back to me (i understand ABSD 7%), is there a min price that she has to sell?
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