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Hi, yes the transfer can be done, however buyer stamp duty may apply on the transfer and may also require your wife to refund the CPF used by you in the purchase. There will be buyer stamp duty applicable on the purchase, are you a SC? there will not be absd applicable if you are.

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Landon Chew
97 39 60 40
landonchew@email.com Read More

Good morning,

When you will be available to speak to my law firm(s) in regards to this matter?

Because if you had used CPF OA funds for your existing place, your wife has to refund whatever you had used.

Legal fees and stamp duty based on the market price of the unit will be applicable. Bank loan need to be fully redeemed as well.

If you are SPR, stamp duty applicable buying first residential property count will be 5% ABSD and BSD is up to 6% depends on purchase price.

Hope my sharing aids in your property needs. Do contact me if you need any assistance.

Best regards,

YT Tan
Property Kaki
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Hi, appreciate your sharing. Able to share legal law firm contact for you to check the plan before you proceed.
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,

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, yes it is possible but buyer stamp duty and refund of OA funds from your wife applies.

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

Did you utilise any CPF monies for this condo? If you do, then you will need to be able to refund back the amount of CPF monies plus accrued interest into your CPF account first, then you will be able to transfer as a gift to your wife. Read More

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1. The transfer can proceed, but you may need to pay buyer stamp duty, and your wife will have to refund any CPF used in the purchase.
2. If you are a Singapore Citizen (SC), you won't incur Additional Buyer Stamp Duty (ABSD), but if you're a Singapore Permanent Resident (SPR), ABSD of 5% will apply for your first residential property.
3. Legal fees and stamp duties will depend on the unit's market price, and any existing bank loan must be fully settled prior to the transfer.

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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

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