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Hi Alfred,

We will need to understand your manner of holding before we could advise. You may want to text 9620 0827  for a casual chat.

Warmest regards

Gavin Read More

Dear Alfred,

I am afraid there is no way to legally decouple for your HDB based on existing regulations. You will be required to sell off this property before purchasing another property in separate name if the intention is to own 2 properties under separate name in order not to pay ABSD.

I have been in the real estate business since 2009, with more than 10years of experience serving the Singapore real estate market.

I am very active in the residential segment of Singapore real estate market, having transacted hundreds of deals from HDBs to private condominiums and landed properties in Singapore, and have handled many unique cases in sales and purchases as well as rental deals.

Over the years, I have also established a network reaching out to more than 9,400 expatriates, bringing my market presence to both in and outside of Singapore. This has created an additional exposure when I manage my client's portfolios, on top of the conventional on and offline platforms, where other estate agents are relying on. This has allowed me to consistently convert leads into results.

With an evolving market, where change is the only constant, I have also been investing in upgrading of my knowledge and skills sets to improve myself and meet the demands of current and future market.

We are offering our clients a complimentary first consultation without obligations (Absolutely FREE!). Schedule for your FREE session today!

Warmest regards,
Geryl Lim
Associate Deputy Group Director
Salesperson Registration No. R014783H
Email: geryl.lim@orangetee.com / geryl7772@gmail.com
OrangeTee & Tie Pte Ltd 430 Lorong 6 Toa Payoh #01-01 OrangeTee Building Singapore 319402
Estate Agent Licence No. L3009250K
[main] +65 6471 8888  [mob] +65 81577565  [LDA] +65 92787772 
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Good morning Alfred,

I am afraid to inform you that HBD is unlike private property, you are unable to do decoupling or part share (selling your ownership to another owner).

If you wish to own 2 properties at the same time, perhaps we can work out the figures what could be a better solution to it.

Is it keep HDB, buy 2nd property pay absd?

or others?

Hope my sharing helps in aiding in your enquiry. May I know how can I value add further in your property needs?

Best regards,

YT Tan
Property Kaki
You dream. I create. We make it happen!
Association of Chartered Certified Accountants Graduate
Singapore Accredited Mortgage Planner

Contact:
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You will receive free sms update on a monthly basis.SRX property tracker: http://bit.ly/yt_proptrack Read More

Hi Alfred,

1) This is widely known as "decoupling", meaning to remove one's ownership from the property via part sales.
2) This was very popular when the ABSD on the 2nd property was implemented to include SC in 2012.
3) The HDB has put this to a stop in May 2016. It is to ensure that buyers are not financially overstretched.
4) Current only private property is still able to continue with such practice.
5) You properly had also read that the new ECs are selling very well. One of the reasons is could be because EC upon MOP is still allowed to decoupling.
6) Do not mistake that no one is paying ABSD to own 2nd or even 3rd property. There are still people who are paying the ABSD for their 2nd & 3rd property.
7) And this is not limited to only foreigners, I'm seeing SPR and SC are doing so to own multiple properties by paying the required ABSD.

Hope the above answer your main concerns, but if there are more query, please feel free to contact me at 90110636 , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer

Note:
Any response to our answer does not reach us.
The best way to get a follow-up is to Whatsapp or email us directly. Read More

Hi,

Unfortunately no, as this transfer of ownership for hdb is no longer possible unless due to special circumstances like financial hardship or divorce cases.

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 Realtor
ERA Senior Marketing Director
ERA Diamond Achiever

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We would never expect such a smooth sailing experience of selling and buying of property. Your professionalism in work will definitely be remembered and rewarded. All the best in your property venture! Read More

Hi Alfred,

Unfortunately under the current HDB ruling, the only way for one party to exit the ownership of the HDB is when couple divorce. For your case, you will need to sell off your HDB in order to avoid paying the ABSD and this may be a good option because the resale HDB index is at an all time high and it is an opportunity to exit the HDB with a profit before the price resume the downtrend.

Please feel free to contact me so that I can share with you the HDB trend in the long run and why holding HDB in the long run may not be the best decision.

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS) / Cert-in-REA
(E) nick96444854@gmail.com
SEAA Salespersons Achievement Platinum Award 2020

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Susana (Buyer) Read More

Hi Alfred,

I will be glad to assist
Appreciate if you can contact me at (65) 96608508 
or click here https://bit.ly/WaSilvia to whatsapp me for no obligation discussion
Thank you.

Warmest regards,

Silvia Yang

Senior Marketing Director
ERA Realty Network Pte Ltd
Mobile: (65) 9660 8508 
Email: Silviayang8@gmail.com Read More

Hi Alfred,

I'm sorry to inform you that this is not possible for HDB. Decoupling is only applicable for private residential.

If your plan is to own 2 properties without having to pay ABSD, I do have a proposal for you to consider. Do WhatsApp me for further discussion.

I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans. Please get in touch with me for a more in-depth discussion.

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.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More