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Hi Mr Tang, This is not advisable. Please bear in that the transfer of ownership incurs SSD of 8-12% on the value of the condo depending on when the property was purchased. Your GF's mother will also incur Buyer Stamp Duty 3% plus Additional Buyer Stamp Duty 7% / 10%. We haven't even gone around legal fees, title fees, etc. Do call me if you have any questions. Ivan Sim @ 98456099  OrangeTee Read More

Hi Mr Tang, Apart from the technicalities on costs involved, what is the rationale behind this consideration? It would only be fair to provide advises to you if we are fully aware of the situation behind as no 1 solution fits all. Regards, Geryl LIM Real Estate Director Masters Of Real Estate (L3010548F) CEA Reg R014783H Mobile: +65-81577565  /+65-92787772 Email: geryl7772@gmail.com https://www.facebook.com/propertyblogshop https://www.facebook.com/media/set/?set=a.297043923770884.1073741832.284747148333895&type=1&l=90fca1674e M.O.R.E Landed Dynamic Alliance - www.DAG.com.sg Home of *7772 Hotline Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ "Landed 7772" in Mobile Apps Store or Play Store now! **Aspiring to be your preferred partner in real estate** ARE YOU FREE 21st May?? Watch out this space for more landed homes deals!! More than 50% units sold @ Royal Wharf, London. A new prime waterfront township in central London awaits your attention. An excellent opportunity for investment in an ideal location. Studio units are almost sold out!! https://www.facebook.com/media/set/?set=a.372619176213358.1073741861.284747148333895&type=1 Call us to find out MORE! Read More

Dear Mr Tang, Stamp duty is paid according to the market value of the property or transacted price, whichever is higher. See IRAS page onn Seller's Stamp Duty here: http://www.iras.gov.sg/irasHome/page04.aspx?id=10212 So is the purchasing stamp duty portion. It is indeed a headache for your current situation in terms of home ownership, but if your problem can be solved by purchasing another smaller private unit, would it have resolved the issue? Why not work out with a banker first to determine the financial comfort of the different options? Regards, Geryl LIM Real Estate Director Masters Of Real Estate (L3010548F) CEA Reg R014783H Mobile: +65-81577565  /+65-92787772 Email: geryl7772@gmail.com https://www.facebook.com/propertyblogshop https://www.facebook.com/media/set/?set=a.297043923770884.1073741832.284747148333895&type=1&l=90fca1674e M.O.R.E Landed Dynamic Alliance - www.DAG.com.sg Home of *7772 Hotline Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ "Landed 7772" in Mobile Apps Store or Play Store now! **Aspiring to be your preferred partner in real estate** ARE YOU FREE 21st May?? Watch out this space for more landed homes deals!! More than 50% units sold @ Royal Wharf, London. A new prime waterfront township in central London awaits your attention. An excellent opportunity for investment in an ideal location. Studio units are almost sold out!! https://www.facebook.com/media/set/?set=a.372619176213358.1073741861.284747148333895&type=1 Call us to find out MORE! Read More