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Unfortunately, SPR cannot own both HDB and condo concurrently, and ABSD of 30% is applicable on the purchase as well if you hold on to 2 properties as SPR is ineligible for ABSD remission. Read More

Hi,

I would be most glad to assist you further and pls feel free to let me know if you need any assistance. Have a good day ahead. By the way, I’m afraid you can’t retain the HDB flat in your case.

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

Hi, appreciate your sharing. Upon exercising the OTP for 2nd purchase, you are require to pay ABSD for the 2nd unit.
Looking forward to assist you at 9696 4398  or email me at stewartlim96964398@gmail.com

Cheers
Stewart-PropNex (Senior Associate Division Director) Read More

Hi,

Unfortunately no, SPR couple cannot own hdb and private property concurrently. It is also ideal for you to sell the hdb first before buying the private property, so your ABSD payable rate is 5% instead of 30% .

So in your case its best to sell first, before buying the new launch condo, and rent for the interim period of construction.

Hope the above clarifies. I am well-versed with HDB and private property transactions, having helped more than 100 homeowners transit smoothly with their housing plans. Please reach out to me at 97432395  for a more in-depth discussion :)

May I have more info on your requirements so as to make better recommendations? Thanks and looking forward to chat more

Warm Regards,

Ivan Ng Realtor
ERA Senior Marketing Director
ERA Multiple Diamond Award Achiever

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Contact: (+65) 97432395 
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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! **

-- HDB Yishun BTO 5-RM Sellers, Private Property Upgraders Mr. & Mrs. Koh --

I would like to express my appreciation to Ivan Ng for his excellent work. Ivan is a dedicated, client-focused, patient and sincere agent. Throughout the whole process of selling and looking for our next property, he has always acted very professionally that makes my wife and I feel at ease and assured. Ivan is not a pushy and hard sales agent. Ivan listens and understands our needs and carefully guided us through. We are fortunate to have Ivan as our agent. Thank you Ivan.

-- HDB Jurong West 5-RM Sellers, Exec Apartment Purchasers, Lenz & Michelle --

We would like to thank you for ensuring a smooth and well-explained process throughout the whole selling and buying of our property. We got to know you thru Property Guru, where we are scouting for condo around West area. We remember that we are quite tight in our budget in purchasing the condo unit,but you are still very willingly explaining and calculating our financial liabilities. You are always having your smiles whenever we met for discussion.

We appreciated your process of selling and buying of our property are very systematically and well executed, from financial calculation to the purchase procedure of our new house. We are always being updated thru our group chat during the engagement of your service.

We would never expect such a smooth sailing experience of selling and buying of property. Your professionalism in work will definitely be remembered and rewarded. All the best in your property venture! Read More

1. **SPR Couples Cannot Own Both HDB and Private Property Concurrently**: As a couple holding Singapore Permanent Resident (SPR) status, you are **not allowed** to own both a Housing and Development Board (HDB) flat and a private property at the same time. You must dispose of your HDB flat if you wish to purchase a private property.

2. **Selling Your HDB Flat First**: It is **recommended** to sell your HDB flat **before purchasing** a private property. This allows you to take advantage of a **lower Additional Buyer’s Stamp Duty (ABSD)** rate of **5%** as opposed to **30%**, which applies if you already own the HDB flat at the time of purchase.

3. **Timing Your Sale and Purchase**: In your situation, it would be best to **sell the HDB flat first** before purchasing the new launch condo. You can then rent a place during the **waiting period** while the condo is under construction.

This approach ensures better financial planning and minimizes additional taxes
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"If you need more assistance with property matters:
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*** You can reach me at my Singapore mobile: (65) 9856 9255  or email me at Able.selling@gmail.com.

From: ABLE Toh- Your Property ASSISTANT : ）
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LASTLY , For Newly T Read More

Hi,

As SPR, you will not be able to hold onto both a HDB and a condo. Also, you will incur ABSD of 30% should you enter into an agreement to purchase a private property without first selling off your current HDB flat.

If you're insistent on getting the new launch condo, my advise is for you to sell off the HDB flat, and then rent for the next few years while waiting for the condo to be ready.

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 +65 97 48 63 05. I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
+65 97 48 63 05
PropNex Realty Read More

WhatsApp me at: ABLE Toh (65) 9856-9255  or through this link.:https://wa.me/6598569255

----------------------------888--------------------------------888--------------------------->>>

· "If you need more assistance with property matters:

· like renting / selling, buying / or investing, I'm here to help!

· WhatsApp me at: ABLE Toh (65) 9856*9255 or through this link.:https://wa.me/6598569255

· (Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )

·

· (***) You can READ my REVIEWS here: https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.

·

· For PRIVATE Home Buyers, I offer solutions for sourcing resale and new PRIVATE homes at ZERO charge (Because Most PRIVATE seller Agent are willing to share commission with Buyer Agent)

·

· I can connect you with reputable bankers for private housing loans free of charge and with no obligation.

·

· I also have partners to assist with mortgage home insurance matters.

·

· Let's seal this affinity by technology; please PM me your contact for assistance with your real estate needs. So, I believe in Affinity (Chinese word: 缘份） :), let's SEAL this AFFINITY Not by blood but by Technology > Please PM, Private Message your contact so that I CAN BE (EXTRA) PAIR OF HANDS / BRAIN and LEGS to Assist you NOW or FUTURE REAL ESTATE NEEDS!

·

· *** You can reach me at my Singapore mobile: (65) 9856 9255  or email me at Able.selling@gmail.com.

·

· From: ABLE Toh- Your Property ASSISTANT : ）

· “ i am ABLE to Help As Much As You are ABLE To PM (Private Message) me ”

·

*** DEVELOPER SALES TEAM!!! BEST PRICES !!! NO AGENT FEES !! LOWEST PRICE GUARANTEED!!!

*** Connect Singapore Line: (65) 9856*9255

FOR : UPDATED INFO / E- BROCHURE / FLOOR PLAN / PRICE LIST!!!

*** Here are some exciting condominium launches in Singapore scheduled between June and December 2024:

1. > - Located at Yuan Ching Road in District 22, this 99-year leasehold development is set to preview in June 2024. Sora offers a mix of modern amenities and scenic views near Jurong Lake.

2. > A freehold development in District 17 at Flora Drive, set to launch in July 2024. Kassia is designed for those who appreciate luxury living in a serene environment.

3. > This 99-year leasehold property at Bukit Timah (District 21) is expected to launch in September 2024. It caters to families looking for prestigious schools and nature reserves nearby.

4. > A highly anticipated freehold development in District 2 at Anson Road, launching in Q4 2024. It combines luxury living with proximity to the Central Business District.

5. > Situated at Shenton Way (District 1), this 99-year leasehold project is ideal for those seeking a prime location near Marina Bay and the financial district, with a launch expected in late 2024.

6. > Launching in Q3 2024

Right next to Lorong Chuan MRT on Circle Line and close proximity to Serangoon.

LASTLY , For Newly TOP Condominium that Need RENT / SELL FAST *** Connect Trusted Singapore Property Agent , Myself

At ABLE Toh*** 9856-9255  ***

XXXXX The End XXXXXXX

As I always say, "Success is the sum of small efforts, repeated day in and day out." — Robert Collier Read More