Dear Madam, I have a table of figures indicating the outlay of cash portion for loans for residential property. ABSD is applicable for purchasing of residential property in your case should you decide to hold on to your existing HDB. SC who already own one residential property would have to pay ABSD of 7% on the purchase or acquisition of the second residential property. This is on top of the 3% normal buyer stamp duty that is applicable for all purchases regardless residential or commercial. For commercial properties, the LTV portion will be slightly different, where usually the maximum eligible is about 70%. From your question, it seems that you are interested in making a purchase for investment. Would you like to know more about the various interesting projects with good investment prospects? 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