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My bf and i, both SCs, are planning to settle down next year.
Is it better we buy a resale hdb or condo if buying together?
Or, we buy 2 properties each?
If he buys a resale hdb and i buy a 1 bedder condo(for investment), is there ABSD?
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4 Answers

Hi,

I would be most glad to assist you further and please feel free to let me know if you need any assistance. Have a good day ahead.

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
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Hi,

1) It is dependent on your active income and situation to determine which is a better option.
2) Needs and wants can be separate, most of the situation is time and money issues.
3) Once you are able to prioritize your needs and wants you will be able to decide what is the best solution.
4) Private has a better appreciation than the HDB. The gain also became more significant in absolute dollars.
5) HDB flat is mainly for stay and can forget about gain. Private can look for gain but need to pay more to gain.
6) Since you are still young, I would encourage you to "chiong" now rather than to slow down your pace and settle for less.

Hope the above answer to 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

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Dear Buyer,
Honestly, if your combined income runs into 5 figures, my advice would be to buy an EC. Then, after 5 years MOP, EC's are privatised. At this juncture, you can decouple (remove one name from the property) and one of you can then buy a 2nd private property for passive income. This way, you save on 12%ABSD on your 2nd property. This is what most professionals are planning and doing right now. Why work alone? Make your hard earned investments work for you too for a very comfortable retirement!

Please call me on how to implement this strategy.
Cheers!

Elan Govan
MABA (Lancaster)
Huttons Asia Pte Ltd
 90170747 
www.goodpropertiesguide.com Read More
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Robbie Chen Chee Howe
Hi Miss,

Congratulations on your impending marriage!

As for your property plans, my advice is to prudent and make sure you do not over-leverage.

Whether if it's wise for you to purchase 2 properties will depend on various factors, like your age, income, liabilities, family planning etc.

Let's have an in-depth discussion on this. I will need to understand your profile further before I am able to give you a more appropriate recommendation.

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
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