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As a foreigner, Additional Buyer Stamp Duty applicable for you to purchase a private residential home in Singapore is at 60% on top of the normal buyer stamp duty of up to 6% on the value of your acquisition. Thus is the property is valued at $1m and you acquire a share of 1% in that property, the total stamp duties payable is at $6,100. As a legal owner of the property, you will be eligible to take up the loan for this property, thus maybe able to extend the loan tenure based on your age and income in combination with your parents, and thereby reducing the monthly instalments. Read More

Hi,

Yes, this is possible if it's a non-landed private property. Take note that there will be a 60% ABSD imposed on foreigners owning a residential property.

The minimum ownership is 1%. Hence, you pay only the stamp duty on 1% share of the Valuation of the property that's being transferred.

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

Hi,

1) There are 3 main factors that you, as a foreigner, have to be aware of:
(a) A foreigner cannot have any ownership of a landed property.
(b) A foreigner cannot have any ownership in an HDB flat.
(c) A foreigner is subject to a 60% ABSD (Additonal Buyer Stamp Duty) on top of the normal buyer stamp duty.

2) You may be added as an owner in a private residential property such as a condominium, apartment, etc, non-landed residential property.

3) It is true a younger and higher-income person can extend the mortgage payoff period. The amount of extension shall mainly depend on the above factors highlighted.

4) The minimum property ownership must not be less than 1%. The ABSD and BSD are based on the value of the amount of share of ownership.

5) You only need a conveyance lawyer to effect the addition of ownership. He will be able to advise you on the whole conveyance process.

Please give me a thumbs-up if the answer provided is relevant to your main concern. Thanks!!!

Hope the above answers your main concerns, but if there are more queries, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer Read More

Hi, appreciate your sharing. I will propose to assist them via cash input. Due to add in your name, is subject to ABSD by IRAS.
Looking forward to assist you at 9696 4398  or email me at stewartlim96964398@gmail.com

Cheers
Stewart-PropNex Read More

IF you Need Further Help For Property such as Renting / Selling / Buying or Investing ,...

I am Sorry that This platform does not allow me to direct contact you.

To further assist you, please feel free to contact me via WhatsApp at 9856 9255  or through this link: https://wa.me/6598569255.

My services come with no obligations, and I'm here to help with any questions or assistance you need.

You can check out my reviews here: https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.

For buyers, I offer solutions for sourcing resale and new private homes at no charge.

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 ”

XXXXX The END XXXXXXX Read More

IF you Need Further Help For Property such as Renting / Selling / Buying or Investing ,...

I am Sorry that This platform does not allow me to direct contact you.

To further assist you, please feel free to contact me via WhatsApp at 9856 9255  or through this link: https://wa.me/6598569255.

My services come with no obligations, and I'm here to help with any questions or assistance you need.

You can check out my reviews here: https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.

For buyers, I offer solutions for sourcing resale and new private homes at no charge.

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 ”

XXXXX The END XXXXXXX Read More