The stamp duty will be based on just the typical Buyer's Stamp Duty, of approx 3%, which is applicable for all residential purchase. No ABSD is applicable, whether you guys buy the property on a joint name or on a sole name basis.
Yes some banks are able to assist to approve home loans based on overseas income. 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.
Ivan Ng Realtor
ERA Senior Marketing Director
ERA Diamond Achiever
ERA Top 11 Achiever in June 2020 (Top 1% Company Level)
ERA Top 91 Achiever in 2nd Quarter 2020 (Top 2% Company Level)
ERA Top 15 Achiever in April 2019 (Top 1% Company Level)
ERA Top 86 Achiever in Sept 2019 (Top 2% Company Level)
ERA Top 510 Achiever in Year 2019 (Top 8% Company Level)
SMU BBM (Finance), Magna Cum Laude
Proactive. Sincerity. Feedback.
Contact: (+65) 97432395
**Note: We are not prompted when you respond here, hence please get in touch directly. Look forward to hear from you soon! ** Read More
1) US citizen is exempted from ABSD.
2) SC + US citizen is only subjected to ~3% for the property at and less than $1 million, ~4% for the property above $1 million.
3) You may apply for bank loan in Singapore based on his overseas employment income.
Hope the above answer to your main concerns, but if there are more query, please feel free to contact me at 90110636 , or email: email@example.com if more information is needed.
I'll be glad to assist.
Any response to our answer does not reach us until we scroll through each and every query posted daily.
The best way to get a follow up is to Whatsapp or email us directly. Read More
firstname.lastname@example.org Read More
If both of you currently do not own a property in Singapore, and this is your first residential property purchase in Singapore, I am pleased to inform you that you need not pay any ABSD for your purchase.
The BSD that is payable would be approximately 3-4% of your property price, depending on the property price.
Bank loan on overseas income is possible, but do speak to a Banker for loan assessment before you commit to a purchase. Should you require a recommendation, I can refer you to one of my trusted bankers.
I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans.
Should you need require 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 in the current market.
PropNex Realty Read More
If the purchased property is a matrimonial property ie your first property together, then the stamp duty will be the normal buyer stamp duty which is about 3%.
Banks are able to provide loan based on overseas income as long as the income documents are in order. I have personally assisted a few of my clients who are in the same situation to obtain loan and purchase a property subsequently.
Please feel free to contact me so that I can find out more about your situation and assist you further.
(M) +65 9644 4854
SEAA Salespersons Achievement Platinum Award 2020
Visit my website to know me better: www.nicktan.com.sg
I was featured recently on Council for Estate Agencies (CEA) Newsletter:
I have written a guide on buying Residential Property:
Testimonial from Satisfied Clients
“Nick is a responsible, efficient and excellent salesperson. He has very good knowledge of the real estate market and I benefited a lot from his advice and sharing. He is extremely patient when guiding me through the buying process and I am happy to secure a dream house within my budget with his assistance. A highly recommended salesperson who made my house hunting journey a breeze.”
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.”
“Nick is very pro-active in helping us to resolve whatever questions and problems that we encountered. All the issues are settled even before us having to request or ask for a second time. He was very frank and transparent with all the details, limitations and advantages that we wouldn’t have known. I think this is the most important virtue to be successful in this line. I will surely recommend him to anyone who needs his service because I trust that they will be equally satisfied!!”
Mr and Mrs Chan (Sold and Bought a property through Nick)
“We are very grateful to Nick for his extensive marketing efforts. With his comprehensive marketing plan, he helped us to achieve a record selling price within 2 weeks of listing our property for sale! We highly recommend his service to anyone who is keen to sell their properties.”
Mr & Mrs Wong (Property Seller)
“Nick has conducted himself ethically and professionally when handling the sales of our property. Thanks to his patience and perseverance, we managed to secure a sales price beyond our expectations.
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