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Hi Your property count would be 3. Do contact me at 97970200  to discuss more

Mark, your RIGHT choice
Propnex Read More

Hi,

Based on the info shared, the next condo will be counted as the 3rd residential property (highest rate of all purchaser profiles, since your wife already holds 2 properties ownership). Thus the ABSD rate will be 15%. As for max LTV, it depends on how you structure the loan and the TDSR requirements.

I have worked on similar cases of portfolio restructuring and will be happy to share the optimal approach to get the new condo.

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
ERA Top 600 Achievers in Year 2017 (Top 10%)
ERA Top 300 Achievers in 3rd Quarter 2017 (Top 5%)
SMU BBM (Finance), Magna Cum Laude
Proactive. Sincerity. Feedback.

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**Note: We are not prompted when you respond here, hence please get in touch directly. Look forward to hear from you soon! ** Read More

Dear Client

Good day to you! I would be more than happy to assist you in the house purchase. Regarding your question, the absd percentage will be 15% as the profile (wife) with the highest ABSD rate will apply.

Over the past 5 years, i have taught my clients my prone framework that helps my clients systematically identify project to see which is a winning or losing project. I can teach you this framework which other people have benefited in order for you to use this framework yourself to identify projects. You will be empowered to choose your own project after learning this framework!

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

Is your condo under your wife name only or under both you and your wife name?
I will need more info to be able to assist you further
No agent fee from private property buyer

I won't be able to contact you first as I do not have your contact, appreciate if you can contact me at (65) 96608508  or Silviayang8@gmail.com
or click here http://bit.ly/2tzIQ1a to whatsapp me for no obligation discussion
Thank you.

Warmest regards,

Silvia Yang

PropNex Realty Pte Ltd
Mobile: (65) 9660 8508 
Email: Silviayang8@gmail.com Read More

Dear Sir,

It will be based on 15% as your wife is already owning a HDB and a condo. As for the LTV, it depends on whether the condo is paid up. If it is fully paid up, the LTV can be 75%, if not it will be only 45%.

Please feel free to contact me so that I can look into your portfolio and provide you with possible solutions.

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS)
Cert-in-REA
(E) nick96444854@gmail.com
Visit my website to know me better: www.nicktan.com.sg

I was featured recently on Council for Estate Agencies (CEA) Newsletter:
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Testimonial from Satisfied Clients
“Nick is a responsible, efficient and excellent salesperson. He has very good knowledge of the real estate market and I benefited a lot from his advice and sharing. He is extremely patient when guiding me through the buying process and I am happy to secure a dream house within my budget with his assistance. A highly recommended salesperson who made my house hunting journey a breeze.”
Ms Chia (Buyer)

“Nick provides a delightful customer experience from day one when I engage him as my agent to look for a flat of my choice to the completion of the deal. He is competent, resourceful and has a pleasant manner to work with. He is the Agent of my choice in dealing with properties and I would highly recommend him to others who would appreciate an agent that takes care and can give the customer a peaceful mind.”
Susana (Buyer)

“Nick is very pro-active in helping us to resolve whatever questions and problems that we encountered. All the issues are settled even before us having to request or ask for a second time. He was very frank and transparent with all the details, limitations and advantages that we wouldn’t have known. I think this is the most important virtue to be successful in this line. I will surely recommend him to anyone who needs his service because I trust that they will be equally satisfied!!”
Mr and Mrs Chan (Sold and Bought a property through Nick)

“We are very grateful to Nick for his extensive marketing efforts. With his comprehensive marketing plan, he helped us to achieve a record selling price within 2 weeks of listing our property for sale! We highly recommend his service to anyone who is keen to sell their properties.”
Mr & Mrs Wong (Property Seller)

“Nick has conducted himself ethically and professionally when handling the sales of our property. Thanks to his patience and perseverance, we managed to secure a sales price beyond our expectations.
We are very happy and satisfied with his services and will definitely recommend him to our friends and family in the future.”
Mr & Mrs Tan (Seller of Inter-Terrace House) Read More

Dear sir/madam,

Should your wife decide to be joint owners for the new purchase and without disposing any of the properties on hand before the new purchase, the ABSD applicable is at 15% as it will be the 3rd property owned by your wife.

Separately, loan quantum is based on the borrower who has how many housing loan. So if Husband is the sole borrower and with no existing loan, he qualifies for 75%. Wife will just need to be owner but non borrower, therefore you will probably need to do some financial calculations into your situation to optimise the situation.

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 8,500 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.

Please feel free to reach me from my website www.geryllim.com or connect with me directly on my mobile phone at 81577565  .

I look very much to hear from you soon.

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Regards,

Geryl LIM
Consultant - Director
Century 21
CEA Reg R014783H
www.geryllim.com
Mobile: +65-81577565  /+65-92787772
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Hi Sir,

Based on your description above, you will be liable for 15% ABSD and LTV is based on 45%, subjected to TDSR requirements.

However, if you purchase under your sole name, ABSD will be 12%, and LTV is up to 75%, subjected to TDSR requirements.

May I know what's the objective of your purchase? Are you planning to purchase for your own stay? Or is it for investment purpose? Have you considered other options which may be available to you?

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

Good day sir .

To save on ABSD and to capitalize on leverage or maximum loan, you n your wife can consider selling all existing property , thereafter each buy a property individually , the result will be NO ABSD assuming both of you are singaporean , loan will be 75% which is the maximum under present TDSR total debt servicing ratio rules , understandably how much one can loan also depends on age and income . I will be most glad to chat with you and explain farther .

Kindly contact me Joanne Chia hp 8333 3327  for a no obligations chat for your property needs.

I am not able to contact you as i do not have your contacts .

Commission rates are negotiable , generally is about 2% .

My charges are 1% comm for exclusive ( sole agent ) selling rights to your property , or 2% for open listing ( many agents ) .

NO COMMISSION CHARGEABLE WHEN I SERVE PRIVATE PROPERTY BUYERS.

Joanne chia.
Chia_joanne@yahoo.com.sg
Hp 8333 3327  . Read More

HI,

If this is a jointly purchase of a new condo, then the count of the property will follow whoever is higher which in this case will be your wife and that mean it will be considered as 3rd properties and the ABSD will be 15%.
Assuming the loan will be under both names, then will be 45%; or 25% if the loan tenure is more than 30 years or extends past age 65.

I will strongly recommend that you engage a professional to assist you in this so we can work out what is the best option for you and your wife.

Feel free to contact me at 9270 7548  to discuss further.

Alan Sng
Propnex Read More

Hi,

The quick answer is as per shared by fellow realtors. 15% and 45%.

Whats important in your case is to consider if there is a need to keep the current condo that your wife owns.

There is also another method to own a 3rd Property without ABSD, and yet with it being financed by a loan. Not everyone is able to do it and I will need additional information to work it out for you.

I can be reached at 90034385  and also lynnong.huttons@gmail.com if you would like to have a more indepth discussion.

Pleased to Inform.

Yours Sincerely,
Lynn ONG | BSc. Real Estate
National University of Singapore Read More