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Hi, i would assume that the condo unit that you will be purchasing is your second property, then you will be liable to pay an ABSD on that. Property tax would be 4% for owner occupied. for non occupied unit would be 10%.
Do feel free to contact me at +65 84282282  for further discussion.
Thanks
Kelvin Chen
ERA Associate Division Director
kelvinchen.era@gmail.com Read More

Hi,

For SC purchasing 2nd residential property, ABSD of 7% is payable on top of 3% BSD. You will also be eligible for only max 50% loan if its your 2nd mortgage loan. May I understand your housing 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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SMU BBM (Finance), Magna Cum Laude

Email: Ivanng10@gmail.com
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Hi there,

You'd need to consider the (approximately 3%)BSD & ABSD(7% assuming you're SC) for your next purchase.

Contact me anytime at 9225 4321  if you have any more questions! :)

Cheers
Sophia Ng
ERA Realty Network Pte Ltd
Mobile: 9225 4321 
E-mail: sophiangsy@era.com.sg
Website: www.sophia-ng.com Read More

Hi Sir/Mdm,

These are some of the factors to consider when purchasing a 2nd property:

1. Additional Buyer Stamp Duty of 7%. The stamp duty is based on the purchase price of the condo.

2. Your loan amount. If you have an outstanding loan for the HDB, the maximum you can borrow for this 2nd property is 50% instead of 80%.

3. You will need to set aside half of your minimum sum in your CPF account before you can use the rest for housing purposes.

Please feel free to contact me so that I can provide you with further assistance towards owning your 2nd property!!

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS)
Cert-in-REA
(E) nick96444854@gmail.com
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Ms Chia (Buyer)

“Nick provides a delightful customer experience from day one when I engage him as my agent to look for a flat of my choice to the completion of the deal. He is competent, resourceful and has a pleasant manner to work with. He is the Agent of my choice in dealing with properties and I would highly recommend him to others who would appreciate an agent that takes care and can give the customer a peaceful mind.”
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We are very happy and satisfied with his services and will definitely recommend him to our friends and family in the future.”
Mr & Mrs Tan (Seller of Inter-Terrace House) Read More

Hi,

ABSD will be applicable and do take note on your outstanding loan amount as well. To begin, I would like to point out the key essential in the sell-buy process and that is the : Financial Cash Computations and Calculations. It is recommended to have a preliminary discussion with a professional who will work out your financial cash projection, generation of sales proceeds and factor in the likely purchase price so that the process is smoothly facilitated and ensures you a tidy substantial profit. Sometimes, being rookies and unfamiliar with the overwhelming process, a slight wrong decision can lead to a paper loss and even actual loss! Do get in touch for an in depth and comprehensive discussion!

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

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Hi,

Re: The best deals available through SG Professional- BuyRealtor.com & NewLaunchDeal.com

You do not have any outstanding loan on existing HDB to avoid 50% capped for 2nd housing loan. 7% ABSD and standard BSD of 3% willl be applicable for 2nd property purchase.

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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Good morning buyer,

Do take note that one of you must be a Singaporean in order to hold on to HDB and purchase a private property.

In addition, do be mindful of these cooling measures:

1) you will be subject to 7% additional buyer's stamp duty
2) if you have outstanding loan, your max loan is 50% thus your downpayment will be 50%.
3) if you have utilised CPF in your current HDB, you have to set aside half of minimum sum $80.5k in your CPF OA + SA first before you can use the excess OA funds in this purchase.

By the way, my team has been assisting many clients to grow their property portfolio and for your case, you can choose to own two properties without being subject to ABSD.

Do you agree no one share with you this before?

Just to share!

Only a one time sign up, you will be able to receive a free SMS update on the value of your home and neighborhood from me on a monthly basis.

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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

(M): +65 9111 5171 
(E): yt.tan91115171@gmail.com
(W):www.yttan.com

Powerful Negotiators
No.1 team in Propnex Read More

Good morning,

Property tax for own stay unit are computed at 4% while others are at 10%.
For the purchase, you will be liable for 7% ABSD, being citizen and having fulfilling the MOP for the HDB unit. If you are still servicing the mortgage loan for your HDB unit, you can only obtain max of 50% loan. 25% down payment have to be made in cash while the balance 25% can be paid using CPF, after setting aside the CPF minimum sum.

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