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Hi,

Company loan is not always higher since the max quantum given be some banks is only 70%. Further using company to purchase residential properties requires 15% ABSD payable. Not the most optimal method.

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 ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude

Email: Ivanng10@gmail.com
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Hi,

May I ask if you're looking to purchase for investment purpose? Because it does not make sense for you to purchase residential under company name, as you will be liable for the maximum ABSD.

Do take note that some commercial/industrial units, you may also be subjected to GST. Hence, you may wish to register your company under GST to claim back this amount.

Lastly, there are actually other ways for you to get financing which you may wish to explore. Do get in touch with me for further discussion.

Should you need any 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

Hi do contact me at 97970200  to discuss more

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