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Hi, We are Singapore PR. We jointly hold 4 room HDB. I would like to buy a condo with minimum cash outlay and paying no ABSD. I would like to use condo to rent. I am looking for experience agent who can advise on this. Feel free to contact me. Thank you
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1 Answer

Robbie Chen Chee Howe
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Hi,

If you purchase a condo, you will have to sell off your current HDB flat. You cannot rent out your HDB flat too.

Also, as an SPR purchasing a first property (condo), ABSD of 5% is applicable. You can only avoid paying any ABSD if either of you converts to a Singapore Citizen.

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
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