Asked by Anonymous
I wish to decouple my private properties to buy another one to avoid 10% ABSD. What is the estimated cost do a decoupling, assume no need to pay for seller stamp duty when buying over spouse share.
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5 Answers
Hi,
There is also the 3% Buyer Stamp Duties (BSD) on the market value of the share amount transferred, and legal fees approx 5k or more depending on complexity of case, and any potential administrative fees imposed by the bank for the bank loan refinancing. 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)
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There is also the 3% Buyer Stamp Duties (BSD) on the market value of the share amount transferred, and legal fees approx 5k or more depending on complexity of case, and any potential administrative fees imposed by the bank for the bank loan refinancing. 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)
**Note: We are not prompted when you respond here, hence please get in touch directly. Look forward to hear from you soon! ** Read More
Good morning,
Costs for decoupling is the legal fees around $6k to engage 2 law firms and stamp duty payable for buying over the outgoing's share.
I do understand that you dont wish to pay ABSD for owning a second property. Perhaps we can have a review to discuss and explore what are your options on how to own 2 properties without being restricted by cooling measures.
If there's a property with a better potential than your existing property, will you consider?
"Your Freehold Ally, Leasehold Tactician"
YT TAN 陈永达 | ACCA Graduate, RES
R043025D
Propnex Realty Pte Ltd
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Accolades:
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Costs for decoupling is the legal fees around $6k to engage 2 law firms and stamp duty payable for buying over the outgoing's share.
I do understand that you dont wish to pay ABSD for owning a second property. Perhaps we can have a review to discuss and explore what are your options on how to own 2 properties without being restricted by cooling measures.
If there's a property with a better potential than your existing property, will you consider?
"Your Freehold Ally, Leasehold Tactician"
YT TAN 陈永达 | ACCA Graduate, RES
R043025D
Propnex Realty Pte Ltd
(M): +65 9111 5171
(E): yt.tan91115171@gmail.com
(W):www.yttan.com
(FB): www.facebook.com/yttanassetprogessor
Accolades:
Platinum achiever (Clock $100k commission within 1 month) August 2017(Propnex)
Top Individual Achiever August 2017(Powerful Negotiators Group)
Top Private Property Transactors January 2017 (Propnex)
Find out your property value for FREE on a monthly basis. Simply sign up by clicking the link below:
http://bit.ly/yt_proptrack Read More
Dear sir/madam,
You are on the right track in terms of reduction of applicable stamp duties for your next purchase, however, it would require full understanding of the processes involved to execute proper otherwise there could be dire consequences for doing so wrongly.
With a customised program which our team has developed for our clients, GREW (Growing Real Estate Wealth) program, our clients can tap on our wealth of knowledge in managing their real estate portfolios.
Get in touch with us for discussion at your soonest convenience.
We value your home as much as you do! Find out the indicative value of your home at http://bit.ly/UrHomeMatters and get monthly update on your home value. Restructure your portfolio with us, speak to us! Register at bit.ly/RealDealSG today.
Tenants can visit http://bit.ly/SGExpatRental (Official Rental Requirements - Singapore Expatriates) to indicate your rental requirements.
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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
Consultant - Director
Global Alliance Property (L3010679B) - Century 21
CEA Reg R014783H
Mobile: +65-81577565 /+65-92787772
Email: geryl7772@gmail.com
G.A Landed Dynamic Alliance
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Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ "Landed 7772" in Mobile Apps Store or Play Store now! Read More
You are on the right track in terms of reduction of applicable stamp duties for your next purchase, however, it would require full understanding of the processes involved to execute proper otherwise there could be dire consequences for doing so wrongly.
With a customised program which our team has developed for our clients, GREW (Growing Real Estate Wealth) program, our clients can tap on our wealth of knowledge in managing their real estate portfolios.
Get in touch with us for discussion at your soonest convenience.
We value your home as much as you do! Find out the indicative value of your home at http://bit.ly/UrHomeMatters and get monthly update on your home value. Restructure your portfolio with us, speak to us! Register at bit.ly/RealDealSG today.
Tenants can visit http://bit.ly/SGExpatRental (Official Rental Requirements - Singapore Expatriates) to indicate your rental requirements.
Thank you for your support in 2016 for the Top Producers Award - https://bit.ly/No1Team
Visit and Like my facebook page at https://www.facebook.com/propertyblogshop/
Pick up knowledge, skills and Real Estate concepts at https://www.facebook.com/RealEstateXcellence/
New Singapore Expatriates on facebook is up and running. Come join us at https://www.facebook.com/groups/newsgexpats/
My self introductory video on https://youtu.be/6UfrCOCB6Mg
Regards,
Geryl LIM
Consultant - Director
Global Alliance Property (L3010679B) - Century 21
CEA Reg R014783H
Mobile: +65-81577565 /+65-92787772
Email: geryl7772@gmail.com
G.A Landed Dynamic Alliance
Home of *7772 Hotline
Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ "Landed 7772" in Mobile Apps Store or Play Store now! Read More
Hi,
The estimated legal fees would be around $5k.
Apart from that, Buyer Stamp Duty (BSD) is applicable. The amount would be dependent on the % of shares as well as the valuation of the property to be transferred.
Should you need any further assistance in matters relating to property, please contact me at my mobile 9748 6305 . I will be happy to assess and share with you the possibilities for you and your partner in the current market.
Thank you.
Best regards,
Robbie Chen
9748 6305
PropNex Realty Read More
The estimated legal fees would be around $5k.
Apart from that, Buyer Stamp Duty (BSD) is applicable. The amount would be dependent on the % of shares as well as the valuation of the property to be transferred.
Should you need any further assistance in matters relating to property, please contact me at my mobile 9748 6305 . I will be happy to assess and share with you the possibilities for you and your partner in the current market.
Thank you.
Best regards,
Robbie Chen
9748 6305
PropNex Realty Read More
Good day sir / madam .
You wrote properties as in plural or at least 2 property ,
Please note beside paying normal buyer stamp duty of the part share , in addition , ABSD is also payable on the part share of the 2nd or more property onwards .
Alternatively you can consider selling all your existing property , thereafter each buy 1 property without having to pay ABSD.
Kindly contact me joanne chia hp 8333 3327 for a no obligations chat for your property needs.
My charges are 1% commission for exclusive ( sole agent ) selling rights to your property or 2% for open listing ( many agents marketing ) .
NO COMMISSION CHARGES WHEN I SERVE PRIVATE PROPERTY BUYERS.
Joanne chia
Chia_joanne@yahoo.com.sg
Hp 333 3327 Read More
You wrote properties as in plural or at least 2 property ,
Please note beside paying normal buyer stamp duty of the part share , in addition , ABSD is also payable on the part share of the 2nd or more property onwards .
Alternatively you can consider selling all your existing property , thereafter each buy 1 property without having to pay ABSD.
Kindly contact me joanne chia hp 8333 3327 for a no obligations chat for your property needs.
My charges are 1% commission for exclusive ( sole agent ) selling rights to your property or 2% for open listing ( many agents marketing ) .
NO COMMISSION CHARGES WHEN I SERVE PRIVATE PROPERTY BUYERS.
Joanne chia
Chia_joanne@yahoo.com.sg
Hp 333 3327 Read More