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Hi,

Yes if its jointly purchased together, the higher ABSD rate of 12% will be used by IRAS. Perhaps I could suggest a better solution if I can have more details.

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
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We would like to thank you for ensuring a smooth and well-explained process throughout the whole selling and buying of our property. We got to know you thru Property Guru, where we are scouting for condo around West area. We remember that we are quite tight in our budget in purchasing the condo unit,but you are still very willingly explaining and calculating our financial liabilities. You are always having your smiles whenever we met for discussion.

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Hi,

There are many ways to go about looking at this. I will need to gather some other details from you in order to better provide any suggestions to you.

Regards,
Nicholas
OrangeTee 81184108  Read More

Hi there,
When you are buying together, ABSD of 12% applies with both you an you wife are Singaporeans.
While you may be a first timer, your wife who would be co-owning the private place will be considered as a second property owner. So the higher property count will be reflected on the ABSD calculation.

Hope this helps. Have a great day ahead
If you have any enquires, do drop me a text at 94508732  .

With regards,
Andik Imran
PropNex Realty Pte Ltd
(M) +65 9450 8732 
(E) andikimran@realestatedad.sg
Learn more about me : https://realestatedad.sg/andik-imran/ Read More

Hi, would you be able to purchase under your name solely instead?

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

Dear Sir,

Yes you are right. If you were to purchase it together with your wife, you will be liable for the 12% Additional Buyer Stamp Duty.

In this case, it will be more prudent to purchase it under your own name if your income alone is able to support the loan amount.

Please feel free to contact me so that I can understand your situation better and propose and recommend possible solutions to you.

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS)
Cert-in-REA
(E) nick96444854@gmail.com
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Mr & Mrs Tan (Seller of Inter-Terrace House) Read More

Dear sir,

In such scenario, we typically advise clients to look into purchasing the condo under your own name to save on the Additional Buyer Stamp Duty applicable since it is your wife's 2nd residential property, if your income alone is sufficient to undertake the home loan required in this purchase.

If there is no choice but to include your wife's name as an owner to boost the loan amount in order to purchase your dream unit, we need to examine more details to see how we can best assist you and your wife save the stamp duties involved. Is this condo meant for your own stay or are you looking to rent it out as an investment?

Perhaps we can customised some proposals for you to look through.

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 clients’ 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
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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
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HI,

Unfortunately, if you purchase the unit with your wife, then it will incur ABSD of 12% since this is your wife second property.

I guess that your concern will most likely be the loan if you apply under your name.

I might have some idea for you but I will need to get more information before we can discuss further.

Feel free to contact me at 92707548  to discuss further.

Thanks!

Alan Sng
PropNex Read More

Hi Yes, do contact me at 97970200  to discuss more

Mark, your RIGHT choice
Propnex Read More

there is a few ways to get together buying with your wife. i think is good to buy together with her.

regards
wilson leong
 96305577  Read More

Dear Client

Good day to you! I would be more than happy to assist you in the house purchase.

Regarding your question, there is a additional buyer stamp duty involved if there is a condo purchased under both names as it will be considered her second property.

Feel free to give me a call at 81255537  or email me anytime in order to share with you the latest fact and figures to understand why many people are taking action in today's market and the criterias when buying a private property with great potential up side.

Hope to hear from you soon!

Warmest Regards,
Thea Hoi
 81255537 
thea@theahoi.com Read More

Hi Sir,

Yes, you will incur 12% ABSD if you purchased a condo under both of your names.

However, there are some methods where you could explore to reduce the amount of stamp duties you have to pay, or even to avoid ABSD totally.

I am experienced and well-versed in both private and HDB resale 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