AskGuru Q&A Community

Good morning James,

If you are purchasing second or subsequent residential property in Singapore, you will have to bear ABSD.

Some developers are giving out discount to lessen the financial burden by buyers who need to pay ABSD.

My team and I had assisted numerous clients to restructure and grow their property portfolio with tax savings.

Will you be keen to find out more?

- Your Leasehold Ally, Freehold Tactician -

1) Like my FB page: www.facebook.com/yt.tan91115171

2) 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 
(E): yt.tan91115171@gmail.com
(W):www.yttan.com

Powerful Negotiators
No1 team in Propnex Read More

Hi James,

It is not true. ABSD applies to the purchase of your 2nd or more residential properties. As long as you buy a residential property, you will be liable for ABSD. Of course, there are schemes in which developers "absord ABSD", by structuring Commercial properties, on the other hand, are not liable for ABSD.

Should you need any 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

Dear buyer,

It is impossible to avoid ABSD, even my prospect who is a senior personnel within the government sector has to pay ABSD. I am unsure where did you receive such misleading information about not needing to pay ABSD. Perhaps, there could be some form of discounts given by developer in order to offset the ABSD, but physical payment is still expected.

For commercial shophouse investment, I have to say, retail line in Singapore is performing extremely badly, therefore definitely not wise to look into such investments if you are looking at rental income.

Let's adjust your expectations and we can discuss further how to utilise your funds available to generate positive returns.

Tenants can visit http://bit.ly/SGExpatRental (Official Rental Requirements - Singapore Expatriates) to indicate your rental requirements.

Claim your free home report today at http://bit.ly/ClaimFreeReport.

Visit and Like my facebook page at https://www.facebook.com/propertyblogshop/

New Singapore Expatriates on facebook is up and running. Come join us at https://www.facebook.com/groups/newsgexpats/

My self introductory video on https://youtu.be/6UfrCOCB6Mg

Regards,

Geryl LIM
Associate Marketing Director
Global Alliance Property (L3010679B)
CEA Reg R014783H
Mobile: +65-81577565  /+65-92787772
Email: geryl7772@gmail.com

G.A Landed Dynamic Alliance
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! Read More