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Hi,

Based on the limited info you have shared, yes once you sold your 2nd property, then buy another property, you can loan up to max 80%, and ABSD is 7% if you are SC purchasing your 2nd property. Thanks and hope to understand your housing plans & value-add to your housing plans further.

Warm regards
Ivan ERA
 97432395 
Ivanng10@gmail.com
Website: http://www.ivanng10.com/#!reviews/c11r1
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Hi
Yes. After u sold your second property, the next property then you will be entitled to 80% loan, depending also on your income.
ABSD of 7% for your next property if you are a Singaporean.

You may reach me via 91442664  should I can assist u from here.
Tricia tan 91442664 
www.triciatan.myweb.sg Read More

Good morning Sir/ Mdm,

It's great hearing from you!

Yes your loan quantum will be up to 80% as you dont have any outstanding loan after selling off your "second" property. But this will be only applicable if you take a max loan tenure (lower of either one) of 30 years or up to your retirement age of 65 years old.

Yes the ABSD applicable will be 7% if you are purchasing it solely as a Singaporean or with another Singaporean (second property purchase as well) If not, ABSD rate will be different.

Hope my explanation helps!

If you need any assistance or advice in your property needs, feel free to contact me. Cheers!

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
Vice President (Agency)
R043025D
Property Avenue Pte Ltd
Estate Agent no. L3010650D
Blk 420 North Bridge Road #03-30 North Bridge Centre S188727

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

Afternoon,

You will only be eligible for 80% loan and payable ABSD of 7% upon securing the OTP for your second property.

FYI
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More

Hi Sir/Mdm,

Yes you are correct. Once you grant the Option to Purchase for your existing unit, you will be able to secure 80% loan (depending on your income and age) and also be subjected to 7% ABSD.

May I know which area are you looking for? I can share with you more information on the projects that are worth looking at in terms of upside potential and good rental yields.

Nick Tan
B.Eng(Chemical)(Hons)(NUS)
(M) 9644 4854 
(E) nicktan@propertyavenue.com.sg
(W) www.nick-tan.com

Property Avenue Pte Ltd
Follow our Facebook Page to receive 24/7 updated real estate information.
https://www.facebook.com/propertyavenuesg Read More

Hi,
You are right. Thing to take note is you must own your current condo for at least 4 years to avoid SSD.

To assist and advice more details, kindly drop me an email for me to share.

I can be contactable at my mobile or email.

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

Hi,

Re: One Stop Services for SG properties

We can assist you based upon your stated contents and walk you through the entire process.

Tell us more about your requirements and locations, we can explore further in detail.

We are contactable at 92222389  or onassis@sgrealtor.com.

Onassis Gan Eng Joo - CEA Reg No.: R021244C
CES Certified SG Realtor l SGRealtor.com
agent.myweb.sg (PropertyGuru) / agent.irealtor.sg (iProperty)

SG Hotline: +65 9222 2389 
Email: Onassis@sgrealtor.com
Skype: incomecare

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