Asked by Anonymous
if me and my wife buy a condo each at our own name do we need to pay 7% absd?
546 views
5 Answers
Hi, assuming this is the first property by each of you, then no need. But normal buyer stamp duty applies.
Feel free to contact me should you need assistance in your buying process.
Desmond Low - PropNex @ 9789 4247 Read More
Feel free to contact me should you need assistance in your buying process.
Desmond Low - PropNex @ 9789 4247 Read More
Good morning!
Application of ABSD will depends on how many residential property you own.
If both of you are SC and purchasing your first property individually, no ABSD.
But if you guys are purchase a second property respectively then each of you will be subject to 7% ABSD.
Maybe you can elaborate more on your potential purchase so I will be in a better position to advise you.
Hope to hear from you soon! Cheers!
Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
District Director
ECG Property Pte Ltd
(M): +65 9111 5171
(E): yt.lovelyhomes@gmail.com
(W): www.yttan.com Read More
Application of ABSD will depends on how many residential property you own.
If both of you are SC and purchasing your first property individually, no ABSD.
But if you guys are purchase a second property respectively then each of you will be subject to 7% ABSD.
Maybe you can elaborate more on your potential purchase so I will be in a better position to advise you.
Hope to hear from you soon! Cheers!
Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
District Director
ECG Property Pte Ltd
(M): +65 9111 5171
(E): yt.lovelyhomes@gmail.com
(W): www.yttan.com Read More
Hi, did both of you own a HDB ? If the condo is the only property each of you own, then no ABSD. Do you like to see the illustration of the financial calculation and potential gain ? Please drop me an email for me to share.
I can be reachable at my mobile or email.
CK Ang
9046 3808
res.ckang@gmail.com Read More
I can be reachable at my mobile or email.
CK Ang
9046 3808
res.ckang@gmail.com Read More
Afternoon,
Assuming that both of you are SC and the property which both of you are getting are your first property in holding, ABSD is not payable.
FYI
Mike Lim
96929209
m52i@yahoo.com
ERA Read More
Assuming that both of you are SC and the property which both of you are getting are your first property in holding, ABSD is not payable.
FYI
Mike Lim
96929209
m52i@yahoo.com
ERA Read More
Good day to you,
The agents here have give you good explanations. There will be no ABSD involved should each of you decide to own a condo each if both of you are Singapore Citizens.
This is assuming both of you do not own any other properties.
May I understand your requirements better? Any preference for locations?
Feel free to contact me should you require further assistance.
Best Regards,
Tan Han Wei Leonard
ERA Realty Network Pte Ltd
www.leonardtan-property.com
Leonardtanhw@gmail.com
9150 1162 Read More
The agents here have give you good explanations. There will be no ABSD involved should each of you decide to own a condo each if both of you are Singapore Citizens.
This is assuming both of you do not own any other properties.
May I understand your requirements better? Any preference for locations?
Feel free to contact me should you require further assistance.
Best Regards,
Tan Han Wei Leonard
ERA Realty Network Pte Ltd
www.leonardtan-property.com
Leonardtanhw@gmail.com
9150 1162 Read More