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Hi,

Both will incur ABSD of 15%, hence there's no advantage in choosing either. For loans wise, the max loan-to-value can go up to 70%-80% for individual purchase, but only 20% for company purchase. Thanks and look forward to value-add to your housing plans further.

Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
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Hi Mr Chun,

It may be advisable to purchase as a foreigner as compared to buying under a company. As a foreigner, you will be able to leverage and secure a higher loan as compared to buying under a company although both are subjected to a 15% ABSD.

However, if you are buying a GST registered property, it may be more worthwhile to purchase it under a company as you will be able to claim back the GST.

Please feel free to contact me if you need further assistance.

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS)
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“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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Hi,
Purchase via personal is advisable as it is more straight forward.

To assist and advise you more in details, kindly drop me an email for me to share.

I am contactable at my mobile or email.

CK Ang
 9046 3808 
res.ckang@gmail.com Read More

Dear Mr Lok Chun Long,

I have done before deals in both commercial and residential sector where company name is used as an investment vehicle to purchase property.

However there are certain requirements and local government rules and regulation in purchasing property using such vehicles. As a foreigner you will still need to pay 15% ABSD.

There are few permutations in buying via a company :

1. Bank via a company owned by you. Company already has a working capital, profit and loss statement, i.e. a business running for a few years.

2. Newly set up business for hold the property

3. Investment holding company.

All above depends still on financial standing and scrutinise by the banks before they offer you loan package (if loan is needed)

You can reach me at 96722265  to find out more and for a quick non-obligatory discussion.

Thank you. Read More

Hi,

Re: Our Preferred SG Professional- Agent.myweb.sg & Agent.irealtor.sg

If you a SC or SPR (personal name) will be better vs company purchase at highest additional buyer stamp duties 15% . :)

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 evening buyer,

If you purchase under either scenario, you will be liable for 15% additional buyer's stamp duty thus status quo.

But if you purchase as a foreigner, you will be able to loan up to max 80% bank loan as for company, you will only be able to do so up to 20%.

Conclusion, it will be best to purchase as an individual than a company.

Hope my sharing is beneficial to your property purchase.

May I know how can I continue to value add further in this purchase?

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
R043025D
Propnex Realty Pte Ltd

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