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Hi Will,

I would be most glad to assist you further and please feel free to let me know if you need any assistance. Have a good day ahead. By the way, can I know which project is that? So that I could value add and give some honest opinion to you.

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

Dear Will,

Hi, I am Brendan!

I think a straight forward and fair percentage will be to take sum of money paid by 1 individual divided by total cost of property (including stamp duty)

If you need more clarification, pls contact me at 9754 5207  .
Or Whatsapp me by clicking this link: wa.me/6597545207 which will direct you to open Whatsapp on your mobile phone.

Thank you!
Brendan Bay, ERA
 +65 9754 5207 
wa.me/6597545207
bay.binhao@gmail.com Read More

Hi Will,

There is no perfect formula but I think one way could be to allocate, at the start, in proportion of the upfront costs. Assuming $1mil purchase, total upfront costs is approx 400k, your share can be 250k/400k, and the balance his share. This reflects your earlier higher contributions.

This is with a view towards 50%/50% ownership (and contribution) by a certain year. You can work out an amortization table to calculate his total payments by that year, and the point where there is an equal outlay from each of you will be the milestone year. Thereafter, do a part-share sale or transfer, to balance it to 50%/50%, and then plan from there again (be it to cash out your share or to divest the property etc).

Just my 2 cents opinion. May I have more info and requirements about your plans so as to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,

Ivan Ng Realtor
ERA Senior Marketing Director
ERA Diamond Achiever

SEAA Salesperson Achievement Award 2021 (Gold)
SEAA Singapore Accredited Mortgage Planner (SAMP)

ERA Top 93th Achiever for Full-Year 2020 (Top 1.5% Company Level)
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ERA Top 91th Achiever in 2nd Quarter 2020 (Top 2% Company Level)
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ERA Top 86th Achiever in Sept 2019 (Top 2% Company Level)

SMU BBM (Finance), Magna Cum Laude
Proactive. Sincerity. Feedback.

Contact: (+65) 97432395 
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Dear Will,

It is impossible to propose a neutral opinion in this case, given that the amount of capital input ratio changes every month and each sum of money can be viewed as equally important in maintaining the property in terms of instalments as well as maintenance fees. Is 50/50 fair in your opinion? ABSD of 17% will be levied on this purchase given that it is your 2nd residential property in Singapore.

Dear sir/mdm,

PropertyGuru only allows registered agents with a paid subscription with PropertyGuru to put up their listing for sale or rent. I have recently just paid over $13k to renew my subscription with PropertyGuru. Home owners are encouraged to consider engaging the services of an agent to market their property for sale or rent, since commission is only applicable for every successful transaction, thus you can actually factor in this commission amount into the final rental price such that the tenants are the one indirectly paying for the commission, instead of home owners paying the advertising fees whether or not a tenant is successfully secured. In addition, agents will also run through the due diligence process to reduce the amount of risk for home owners when renting out their property through a series of legislative checks required to protect the interests of landlords.

I am currently managing an expatriates community with over 14,000 members where a number of them are actively seeking accommodation in Singapore and I believe this is also an added channel to optimise the reach out to potential tenants for your property available for rent. If you are keen to discuss more, let's chat!

I am contactable on my mobile or you can actually drop me an email too.

Looking forward to hear from you.

I have been in the real estate business since 2009, with more than 13 years 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 client's 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
Associate Group Director
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 Do contact me at 97970200  to discuss more

Mark, your RIGHT choice
Propnex Read More

Hi Will,

In my opinion, this is not the cleverest way to co-invest in a property.

BSD 3-4%, ABSD payable 17%, your SPR friend will have to bear more than 20% in Stamp Duties, and then pay the monthly mortgages. I mean, why would he want to do that, when he can purchase a smaller property by himself, by paying 25% downpayment, 3-4% BSD and 5% ABSD?

For example, a $1m property co-purchase, he will need to fork out $194.6k. Compared to a $600k sole purchase, where he only needs to pay $192.6k.

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