4 Answers

Hi,

Since each of you holds 1 property individually, ABSD will be incurred for your 2nd property purchase for either one of you. There's no workaround on that. Thanks and hope to assist further.

Warm regards
Ivan ERA
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Afternoon,

ABSD is payable as long as you have more than one property in hand, as an SC. If the trainer is able to get around it, then I'm sure he would have make it huge by this time.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
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Thea Hoi Shu Min
Dear Sir/Mdm,

Good day to you!
I understand your concerns.

ABSD is DEFINITELY to be paid by certain groups of people who acquire their 2nd residential property.

I would be more than happy to assist you in your house hunting process. Feel free to give me a call at 81255537  or email me anytime for an non obligatory discussion. Hope to hear from you soon!

Warmest Regards,
Thea Hoi Shu Min
ERA® Assistant Marketing Manager
CEA Registered (R052031H)
Contact: 81255537 
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Dear sir,

I suppose if you are firm in believing that local trainer who indicated that ABSD can be avoided in purchasing a 2nd residential property under your name, you will not be seeking clarifications here. And I am definitely glad that you are seeking 2nd opinion here on the right channel than through unqualified sources.

ABSD can never be avoided if you already have a residential property in Singapore under your name and purchasing a 2nd residential property under your name now.

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Regards,

Geryl LIM
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M.O.R.E Property Pte Ltd (L3010548F)
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