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Hi,

Yes for 2nd property joint name purchase, you can keep both hdb and condo as long as there's 1 SC in the purchase. However do note your ABSD will be 10% as its based on the higher taxable rate.

May I understand your plans further so to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude

Email: Ivanng10@gmail.com
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Evening,

As your spouse is SC, you are eligible to keep your HDB unit upon purchase of second property. However, ABSD payable will be 10% instead of 7%.

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

Hi,

You able to keep your existing HDB flat since one of the owner is SC. You just need to take note of ABSD portion in view of SC or SPR owner for 2nd property.

Which area of property and type you are keen, will give my recommendation accordingly.

I am contactable at 92222389  or onassis@sgrealtor.com / sgagent.com

In all Areas of Singapore. Sale/Buy/Lease/Rent, Please call and/or drop me an email me. I’m always at your Services.

EXPERIENCED. PROACTIVE. SINCERITY. FEEDBACK
ACTA (Full); PDCE (Singapore); MSc BIT(Middlesex); BBA (South Australia)

Singapore Line : (+65) 92222389 
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Email: onassis@sgrealtor.com / sgagent.com
Skype: incomecare

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Good evening buyers,

As long as one of you is a Singaporean, you can hold on to HDB and purchase a private property.

By the way do take note of these cooling measures if you decide to hold on to HDB and buy second property:

1) 10% ABSD (higher of 10% as SPR or 7% as SC)
2) if you have utilised CPF OA funds in HDB, you have to set aside basic retirement sum $80.5k in CPF OA + SA before you can use the excess OA funds to purchase this property.

Will you be keen to find out how to own two properties without the need to pay 10% ABSD?

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Just to share!

Only a one time sign up, you will be able to receive a free SMS update on the value of your home and neighborhood from me on a monthly basis.

Click this now: http://goo.gl/Gg5pe3!

Join me on board towards a hassle free update on valuation now!

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
Senior Associate Marketing Director
R043025D
Propnex Realty Pte Ltd
Estate Agent no. L3008022J
Blk 480 Lorong 6 Toa Payoh, #10-01/11-01 HDB Hub East Wing, Singapore 310480

(M): +65 9111 5171 
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I have only 3 words of advice for you: Make informed decision!
Good luck and all the best! Read More

Hi,
You can keep the hdb after purchase the 2nd property (condo). Fyi, the ABSD of 7% is payable. Suggest to work out a financial plan to know the purchase price range. I can assist you to compute the estimated bank loan quantum.

To assist and advise you more in details, kindly drop me an email for me to share.

I am contactable at my mobile or email.

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

Dear Sir/Ma’am:

We will be glad to assist you. Kindly write to us on realproperty63@yahoo.com.sg or call us on 93380071  .

Kind Regards,
Radhika Prakash
Edmund Tie and Company
 93380071  Read More