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Good afternoon.

Thank you for your enquiry. Assuming this is your only residential property in Singapore, typically the legal fees are approximately $6k to facilitate the decoupling process due to involvement of 2 law firms. There is also BSD on the market value of the ownership transferred (BSD on 2.5m (50% of property value)), potentially seller stamp duties (if owned less than 4 years), and also any bank penalties for early loan redemption.

Happy to explore further on any potential collaboration. 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.

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Ivan Ng Realtor
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I would like to compliment Mr Ivan Ng for his professional work and effort.I sent my first post in Jan 2019 and Ivan replied promptly, so I have decided to contact Ivan for follow up. My EC was not ready for sale due to MOP (another 3 months from Jan) at that time and Ivan was able to give me advices on how to proceed from there. Initially we have decided to try to write to HDB for early sale but since it was only 3 months left, eventually we waited for another 3 months while we looked for our next property. Ivan was able to arrange for new property showroom appointment at a timely manner while helping us to list for our EC for sale. We were a bit worried when our EC sale time was longer than expected due to trade war, but Ivan was able to reassure us that our EC would sell. By November, he managed to secure a buyer for our EC. Thank you. Read More

Good afternoon Sir/ Mdm,

Legal fees for decoupling might varies on the property value. Good gauge is around $5.5k to $7k.

Other than this cost, other cost will buyer's stamp duty (4% if value is above $1m) and additional buyer's stamp duty (if applicable).

Just to share the staying party must have the financial capability to take over the loan and repay the CPF OA funds that outgoing party has used in existing property if any.

If you want to have a clearer picture, I can work out the numbers for you first.

Hope my sharing helps in aiding in your enquiry. May I know how can I value add further in your property needs?

Best regards,

YT Tan
Property Kaki
You dream. I create. We make it happen!
Association of Chartered Certified Accountants Graduate
Singapore Accredited Mortgage Planner

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Hi,

1) If you intend to do a de-coupling then there is not necessary to convert from JT to TIC. You can do de-coupling in both types of ownership.
2) Decoupling fees range from $6k to $8k depending on individual law firm charges and the complication involved.
3) If there is a loan involved in your decoupling process, you are expected to pay a $500 mortgage stamp duty.

Hope the above answer your main concerns, but if there are more query, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer

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Hi,

Apart from the stamp duties payable, you will need to pay legal conveyancing fees for the share transfer. It would probably work out to be in around $6,000.

Do let me know should you require any conveyancing assistance.

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