Refinancing Your Home Loan Guide 101

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When to Refinance Your Home Loan in Singapore

Is refinancing the same thing as repricing?

The short answer is: no.
Repricing is the process of switching between home loan packages within the same bank, while refinancing involves switching to a loan package offered by a different bank.
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Basics of Home Loans Jargon

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Making Sense of Home Loans

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Time to refinance your mortgage? Yes, no, maybe

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HDB / Private Property Refinancing

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Documents required for assessment

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TDSR Rules on Refinancing Fine-tuned

Refinance Home Loan, Housing Loan & Mortgage

Don’t just settle for what your current bank is offering you. Compare and discover the best refinancingpackage for your home loan interest rates and get the best deal!

Home Loan Refinancing Calculator

Get the lowest Home Loan Refinancing rates in Singapore now! Use our FREE home loan refinancing calculator to compare home loan refinancing packages offered by Singapore’s best banks.

Refinancing Your Private Property Loan | DBS Singapore

Make the most of refinancing to enjoy potential savings on your home loan.

Should I refinance my housing loan? 10 things to consider,

Some early birds took the opportunity to refinance their home loans before the Federal Reserve raised interest rates on Wednesday. The Fed’s move is likely to lead to an increase in the local benchmark interest rates Sibor and SOR in the near to medium term. As it turned out, the three-month Sibor climbed …

Refinance Loan – iCompareLoan Singapore

Refinance for Home · Commercial Loan · Refinance for Commercial · TDSR, MSR Analysis · TDSR Commercial Analysis · Car Affordability · Mortgage Insurance · Retirement Savings Plan · Home LoanReport™ · Enterprise Solution · SME Loan · Retailer Cash Advance · Equity Term Loan · Personal Loan · Renovation Loan……

9 Things To Consider Before You Refinance Your Home Loan

Refinance home loan means lowering the interest rate that can result in significant amount of savings. Here are 9 tips if you’re considering refinance!….

Compare & Find the Best Home Loan Refinancing options

Find the best housing loan refinancing options for your need. Browse through a vast selection of bank loan packages using our mortgage tool. It’s fast and easy, apply online today!…

Refinance | HDB InfoWEB

SPR households who obtain citizenship. An SPR household has to take a bank loan when they purchase a flat. However, they may not refinance their bank loan with an HDB housing loan from us, even if they subsequently obtain Singapore Citizenship and become eligible for one…..

The Ultimate Guide to Refinancing your home loan

Take note of all these pointers and you’re definitely good to go! Reference rates can range between a Fixed Rate, floating rates pegged to SIBOR, SOR or the internal Board Rates determined by each financial institution. Lock-in periods define the amount of time one would have to keep the mortgage with the bank…..

A Guide to Housing Refinancing in Singapore

Refinancing occurs when the borrower switches from the current home loan mortgage or a commercial loan mortgage, before the end of its tenure, to another mortgage package offered by a different financial institution. It is not to be confused with repricing. ….

Should you reprice or refinance?

If you’d also like to enjoy some of these treats (i.e. lower mortgage payments every month), perhaps it’s time to refinance or reprice your existing loan package. When you refinance, you replace your existing home loan package with a new one from a different bank…..

A Guide To Home Loan Refinancing in Singapore 2018

Refinancing your home loan might be bit difficult. Don’t worry here is a guide to home loan refinancing in Singapore, gives all info you are looking for…..

The Ultimate Singapore Home Loan Refinancing Guide

It is very well known that home is where the heart is, and home loan is where all our money is. Sometimes, home loans may make our heart sink and take away the feeling of comfort and security one usually should get at home. ….

Home Loan Refinancing: 3 Things Borrowers Should Consider

Refinancing is a key consideration for many home loan borrowers since Singapore Interbank Offer Rate (SIBOR) and Singapore Swap Offer Rate (SOR) – both industry benchmark interest rates that are …

A step-by-step guide to refinancing your home loan |

Think you can get a better rate on your home loan but not sure where to start? Refinancing sounds difficult, but the benefits can certainly be worth it. Here are some helpful tips to get you on your way. step by step guide to refinancing your home loan …..

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February 5, 2018

All you need to know about buying a landed home

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Buying a Property

Landed Property

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Guidelines and Procedures

Reconstruction or Redeveloping One Landed Property (Single House)

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Guidelines and Procedures

Renovating Your Home

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Redeveloping One Landed Property Into More Landed Properties

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All you need to know about buying a landed home in Singapore

The average Singaporean’s property purchasing journey is likely to follow one of the below scenarios:
Buy HDB. Stay in HDB until old age.
Buy HDB. Sell and upgrade to larger HDB. Stay until old age.
Buy HDB. Sell and upgrade to condo. Stay until old age.
Buy HDB. Sell and upgrade to condo. Downsize upon retirement, and return to HDB.
Buy EC. Sell and upgrade to condo. Stay until old age.
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Tips For Buying A Landed Property In Singapore

Purchasing a re-sale landed property is never an easy decision. In fact, this decision will most likely be a more difficult one compared to when you’re purchasing a newly developed condominium unit – which in most cases, would be presented to you in tip-top condition.
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Home Buying Guide – Landed Property

Landed property refers to residential property where the owner owns the land as opposed to a slice of a multi-unit condominium or apartment occupying the same plot of land.
Non-Singaporeans and Permanent Residents need approval from the Singapore Land Authority to buy landed property.
Landed property also falls under the category of private residential property, thus Singaporeans can’t own both a landed property and a HDB.
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Foreigner Buying Landed Property In Singapore

Landed residential properties are one of the most highly coveted property types in Singapore. These properties are virtually exclusive to Singapore citizens and are generally owned by individuals who have reached the upper echelons of society.
However in certain cases, permanent residents (PR) and foreigners may be able to purchase a landed property in Singapore.
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LANDED PROPERTIES IN SINGAPORE: WHAT YOU NEED TO KNOW

According to the law, landed properties are properties that are attached directly to the land that you purchase. These properties may have differing tenures and rules that govern them from the non-landed counterparts in the private sector and in the public sector – flats under the Housing Development Board (HDB).

Types of Landed Property

Landed property in Singapore have varying categories. These can be largely categorised into detached, semi-detached and non-detached housing.
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LATEST SALE TRANSACTIONS

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February 5, 2018

Before Buying a Second Property. 3 Questions you should ask!

For educational purposes only. All copyrights belong to their respective owners.

Buying a Home

What do you need to pay for?

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Rules surrounding a second residential property purchase in Singapore

With the latest round of cooling measures – the 7th since 2009- instituted on 12 January 2013, demand for residential properties could soften. Nevertheless, some cash-rich Singaporeans may still be inclined to invest in housing. This article takes a look at existing and new regulations, that have taken effect from this 7th round of anti-speculative legislation, governing Singapore citizens’ purchase of a second residential property, while still holding onto their first purchase.

Buying Second Property in Singapore? Read These Tips First!

7 Tips Buying Second Property

1. Verify the Housing Rules
2. Know your Eligibility Status
3. Ask About the Down Payment
4. The Loan-to-Value Ratio Matters
5. Consider the Cost of ABSD
6. Assess your Total Debt Servicing Ratio
7. You can still use your CPF to fund the 2nd property
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3 QUESTIONS TO ASK BEFORE BUYING YOUR SECOND RESIDENTIAL PROPERTY

1. What type of property am I looking for?
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2. Why am I purchasing a second property?
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3. Can I afford it?
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Additional Buyer’s Stamp Duty (ABSD)

Liable buyers are required to pay ABSD on top of the existing Buyer’s Stamp Duty (BSD). ABSD and BSD are computed on the purchase price as stated in the dutiable document or the market value of the property (whichever is the higher amount).
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What Factors Should You Consider Before Buying a Second Property?

The profitability of property investment is enticement enough to buy a second property. But buying another property is also a risky move that can wreck your finances if you’re not prepared. That’s why it’s important to understand both the housing market and your responsibilities as a property owner.
So before you purchase your next property, become familiar with the following:

Know the Housing Rules
Know the Property Taxes
Know the Rental Rates
Know Your Debt to Net Worth Ratio
Know the Current Home Loan Interest Rates

Owning both HDB flat and condo: How much would one really need?

Most Singaporeans start out with buying a HDB as their first home, and hope to upgrade to a private condominium in the future. But what about owning both HDB flat and condo at the same time? How does that work out financially?
Factors to consider when owning both HDB flat and condo
Before you even think about buying a condominium while you currently own a HDB flat, you might want to consider these factors first:
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3 Questions I should ask myself before buying a second property

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With property prices dipping south in recent months, you might be tempted to buy a second property. Whether you are buying it for investment purposes or as a vacation home, there are many considerations to be taken into account before you make the final purchase, and commit a huge chunk of savings into it.
Below are 3 key questions you should ask yourself before you take the plunge:
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February 5, 2018

CPF to Purchase Property? What You Should Know

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DOWNLOAD Guide on using CPF for buying private properties

3 Key Factors You Should Know When Using Your CPF to Purchase Property

Using your CPF funds – What can you use it for?

When you buy property, you don’t just hand over a million dollars to the cashier and then wait for the change (if any).
You will actually be paying for a series of things at various junctures, and will need to know before hand which of these items you can use your CPF OA money to pay for.
CPF OA funds can be used to pay for the following:

Downpayment

Your CPF savings can be put towards your downpayment. Do note, however, that you might still required to put up some cash.

HDB flat buyers taking an HDB loan: 10% downpayment, which can be completely paid with CPF savings.
HDB flat buyers taking out a bank loan: 20% downpayment, of which at least 5% must be paid in cash.
Private under-construction development: 20% deposit, of which at least 5% must be paid in cash.
HDB resale flat: Deposit of up to $5,000 which must be paid in cash.
Private resale property – Deposit of at least 5%, including an option fee of at least 1% which must be paid in cash

Private Properties Scheme

The Private Properties Scheme enables CPF members to use their CPF Ordinary Account savings to buy or build private residential properties in Singapore for their own occupation or investment.

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CPF Board – Property with Less Than 60 Years Lease Calculator

This calculator helps you to determine your eligibility and the maximum amount of CPF that you can use to buy a property with remaining lease of less than 60 years, but at least 30 years.
Please note that the calculator is applicable if the date of purchase is on or after 1 July 2013 for HDB flats, and from 19 July 2005 for private properties.

Guide to Using CPF for Private Residential Properties

Under the Central Provident Fund Board’s Private Properties Scheme (PPS), you can use your savings in CPF Ordinary Account (OA) to buy or build private residential property for occupation or investment.
It can be used for the following:

Pay purchase price of the property
Repay housing loan in part or whole and to service monthly housing loan instalments
Repay construction loan in part or whole and to service the monthly loan instalments taken to buy land and/or to construct a house on that land
Pay stamp duty, legal costs, survey fees and other related costs incurred in the property purchase, refinancing and/or construction of the house

How much CPF can I use for my house?

Thinking of financing your new home with your CPF savings? The amount of Ordinary Account (OA) savings you can use is subject to the CPF housing limits, namely the Valuation Limit (VL) and Withdrawal Limit (WL). These limits are put in place to ensure you have enough savings for your retirement years.

Here’s how the VL and WL will apply to you depending on the type of loan you are taking and the property you are buying:
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Buying a Home

What do you need to pay for?

Buying a home is probably the biggest financial commitment for most Singaporeans. It is a long-term commitment which should be carefully planned.
Read more…

How Much CPF Can You Use For Your Home?

CPF limits protect your retirement nest egg, while allowing you to attack your housing loans.

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February 5, 2018

3 Changes to the HDB resale process you must know

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Easier and Faster Resale Transactions with New HDB Resale Portal

Buying and selling an HDB resale flat will soon be easier and faster with the introduction of the new HDB Resale Portal. As announced at MND’s Committee of Supply in March 2017, this is part of HDB’s continuous efforts to streamline its resale process, reduce transaction time and provide added convenience to flat buyers and sellers, under the initiatives of the Real Estate Industry Transformation Map (REITM).
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How Will the New HDB Resale Portal Benefit Singaporeans?

Dying to move out of your parents’ home into a cosy HDB flat of your own? Then 2018 might be the year it happens. That’s because the new HDB Resale Portal has gone live as of 1st January.

To be fair, Singaporeans have already gotten used to using the Internet to source for and sell property.
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The HDB resale portal is officially up and running: here’s what to expect

On 1st January, the HDB resale portal was officially launched. This new website that streamlines the process of buying and selling resale flats is touted to be “one of the biggest transformations to the HDB resale market processes in decades”, and is said to bring an unparallelled amount of convenience to homeowners and flat buyers.
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New HDB resale portal to go live on Jan 1
SINGAPORE: Starting from Monday (Jan 1), all new resale transactions would have to be submitted through a new Housing and Development Board (HDB) resale portal.
The portal, which goes live at 1pm, could see the time taken to complete a resale transaction cut by half. Currently, a resale transaction takes about 16 weeks and requires two appointments with HDB.
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How will the new HDB resale portal shape Singapore’s property scene?

Singapore is fast becoming the home of disruption. Fintech disruption, car share disruption, train service disruption, etc. Now, even government entities like HDB are joining the game, with the launch of the new HDB resale portal. Will this be the end of property agents, or does it merely signal 37 confused attempts to remember your Singpass, before you give up trying to use it?
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Smoother transactions with HDB resale portal

The HDB resale portal – a site that streamlines the buying and selling of resale flats – is being launched today, marking one of the biggest transformations to the HDB resale market processes in decades.
All flat sellers and buyers must switch to submitting their resale applications on the portal, which can be found on the HDB InfoWeb at www.hdb.gov.sg. They can log in using their SingPass.
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HDB resale process goes digital with new portal launch on Jan 1

To ease the transition, HDB is deploying a team to man a dedicated customer service line and a helpdesk at HDB Hub. In addition, there will be a HDB customer relations manager assigned after a resale application is accepted. The public could also attend seminars to learn about the resale transaction process.
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6 changes to the HDB resale process you must know

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60 Biggest Mistakes Made by

Property Buyers & Sellers.

How to Avoid Them?

Got questions about your property?

Buy or Sell or Hold?

I can answer your questions

Let’s chat on WhatsApp: 8300 4411

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February 5, 2018

Is Now The Best Time To Buy Residential Properties In Singapore?

For educational purposes only. All copyrights belong to their respective owners.

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WHAT IS THE REAL ESTATE MARKET CYCLE? IS NOW THE BEST TIME TO BUY RESIDENTIAL PROPERTIES IN SINGAPORE?

FORECASTING AND PREDICTING

We all know that the development and construction of a building takes years, and this results in a lagged relationship between demand and supply for properties. As early as 1876, an American political economist and journalist named Henry George observed this dynamic — which caused a cycle with recurring phases of booms and busts.
Understanding and analyzing of the real estate/ property cycle is therefore essential and will be beneficial, in order to enhance investment-decision capabilities and determine when is the ideal timing to buy properties, be it for investment or occupational purposes and for investors or homebuyers. Marketers too, have to be familiar with this consistent pattern, decide when to launch and implement new marketing strategies or activities.
The real estate market cycle is measured by changes in prices and volume of sales of properties. It reveals four distinct phases, namely Expansion (peak), Decline, Recession (bottom or trough) and Recovery:
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Singapore’s Property Market: Is 2018 The Right Time To Start Investing In Private Properties Again?

Investing in Singapore’s property market doesn’t necessarily mean you have to own a condominium unit.
Read more…

When is the best time to buy a property?

Many people will ask, “Is now the right time to buy a property?” The question we always ask in return is, “Are you buying to invest or to stay in?”
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Is it a good time to buy property in Singapore?

Anthony Couse, JLL CEO of Asia Pacific, believes it is, despite the ‘prohibitive’ additional buyer’s stamp duty still in place

Briton Anthony Couse moved to Singapore from Shanghai in April last year following his appointment as JLL CEO of Asia Pacific. “I’m your perfect example of a foreigner,” says the 51-year-old. “I’d love to buy a home in Singapore because I think, market-wise, it’s a good time.”
Read more…

Good Time To Buy Investment Property Now.

Morgan Stanley thinks that property prices in Singapore will double by 2030.
Is a good time to buy investment property now?
Read more…

Why NOW may be the best time to buy property

Property prices have fallen across the board, but home owners still aren’t biting. In some cases, this is an effect of a weak economy, and rising interest rates. In other cases however, some may have taken the route of property investors – they want to wait for prices to drop, and time the market. But rather than being prudent, this could be a mistake.
Read more…

Property market perking up, but rents are down. To buy or not to buy?

There’s renewed interest in the private residential property market. But the foreigner population is declining and growth is slowing. Investors, be cautious.

Good time to buy that dream home?

Rise in sales transactions, stabilising prices are encouraging signs

Home seekers who have taken a wait-and-see attitude may be more encouraged to dip their toes in the property market this year.
The sector is experiencing an upturn in sentiment, thanks to private home prices declining at a slower pace and increased sales.
Read more…

Singapore’s Latest Population Statistics and Outlook for the Property Market

February 5, 2018

Collective Sales – What does this mean for home prices? En bloc 101

For educational purposes only. All copyrights belong to their respective owners.

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COLLECTIVE SALES IN SINGAPORE: FREQUENTLY ASKED QUESTIONS

En bloc is a collective sales method that is unique to Singapore with private developers acquiring the whole development and/or adjoining properties under one single transaction. This is governed by the Land Titles (Strata) Act. The recent slew of en bloc properties in 2017 has proven that the market is indeed in its recovery phase.
For the uninitiated, you might be wondering what the big deal about en bloc property is. Thus, to help give you a better understanding, the following is a list of frequently asked questions about the en bloc process:
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Recently En Bloc Sites
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BUYING IN SINGAPORE, LIFE IN SINGAPORE, PROPERTY NEWS & ANALYSISCollective sales in Singapore: What does this mean for home prices?

The collective sales and en bloc fever in Singapore is far from over. Recent estates which have been released from sale include How Sun Park, near Bidadari, as well as Pearlbank Apartments in Outram. If successful, these will add to the approximately 2,700 homes which have been sold en bloc in 2017. This is a marked increase from the 600 homes which were sold via the same last year.
Read more…

The realities of collective sales

A growing number of old condominiums — both freehold and 99-year leasehold — are attempting en bloc sales even as rumblings among dissenters increase. What is the cost to minority owners?

The tender for Royalville, which was launched on Oct 12 was originally supposed to close on Nov 10. However, on the evening of Nov 9, marketing agent Edmund Tie & Co. announced that the tender period has been extended. The new closing date is Nov 30.

Altogether, 80.25% of the owners had agreed to the collective sale at $368 million, which translates into a land rate of $1,509 psf per plot ratio (ppr).
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Collective Sale

News, Resource and information of Collective Sale for Singapore property market by PropertyGuru.com.sg, Singapore’s leading property site.
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EN BLOC SALES

Collective sale fever: Spotlight on decaying home leases

Collective sales ‘might not lead to higher home prices’

The spate of collective sales of residential properties will not necessarily translate into higher home prices, National Development Minister Lawrence Wong said yesterday.
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BUYING IN SINGAPORE, PROPERTY NEWS & ANALYSISEn bloc sales for dummies – what happens when a property goes en bloc

En bloc frenzy: 3 questions you may have about the current hype over collective sales

En bloc sale – the good, the bad and the ugly

En bloc sales: how much do private property home owners stand to gain?

All remaining 7 ex-HUDCs have started en bloc process
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En-Bloc Fever 2017: How Much Longer Will It Go On?

What’s next after selling en bloc?

Property owners who profit from a collective sale have to consider carefully how to use the windfall

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February 5, 2018

Average home prices could rise by 17% over 2018-2021

For educational purposes only. All copyrights belong to their respective owners.

Private home prices to rise 10% by end-2018: Morgan Stanley

Following its earlier forecast of prices doubling by 2030, firm now sees en-bloc trend as one contributor
THE recovery in private home prices has started in the third quarter, Morgan Stanley believes. While the Urban Redevelopment Authority (URA) only releases its third-quarter flash estimates in October, analyst Wilson Ng in his latest projections expects Singapore home prices to rise 2 per cent this year, and another 8 per cent in 2018 .
There is also other evidence for an imminent price recovery, for example:

sharply rising transaction volumes, which suggest a narrowing between buyers’ and sellers’ expectations;
growth in prices from late June implied by the upward revision in URA’s price index value in Q2; and
price increases in the resale segment, evidenced by SRX Property’s monthly indices.

Singapore tops Asean for 2018 property market growth forecasts

Morgan Stanley report expects 8% price increase and close to 50% presales growth here; CDL is its top stock pick
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Report: Average home prices in Singapore could rise by 17% over 2018-2021

The prospects for the Singapore property market are bright, with investment volumes to remain strong and home prices forecast to rise, revealed a 2018 Asia Pacific Property Outlook report released by Colliers International on Wednesday (10 January).
On the back of strong economic growth seen in 2017, property investment sales in the city-state are likely to remain robust this year.
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Home prices are set to soar in 2018

Sales prices jumped 7 percent annually in November, according to a new report from CoreLogic.
Low supply and high demand are fueling the gains and neither of those is expected to ease up anytime soon.

The temperature may be frigid across much of the nation, yet home prices are sizzling and sellers are in the hot seat.
Sales prices jumped 7 percent annually in November, according to a new report from CoreLogic.
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Singapore private property prices to rise 10% by end-2018: Report

Singapore property prices are set to jump 10 per cent by the end of next year, according to United States banking giant Morgan Stanley.
The bank’s in-house experts expect private home prices to start rising next month – instead of early next year as it stated in a previous forecast. The forecast does not relate to Housing Board flats.
The significant upswing in prices would reverse a four-year downcycle after a range of cooling measures was introduced to slow the market.
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Private home prices to rise by 3-7% in 2018

According to Analyst Vijay Natarajan from RHB Research, the anticipated price growth is driven by the city-state’s stable job market and robust buying optimism of locals. Another key factor is the en bloc fever that has resulted in sellers, who have received ample cash, needing to buy houses to replaces the ones they sold.
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3 reasons why home prices may rise in 2018

It could start with a surge in sales volume this year.
The residential property market in 2018 is set to see an inflection amidst the improving macroeconomic outlook for Singapore.

Home prices to rise 8% in 2018: Morgan Stanley

This follows a 12% price decline for the last four years.
Residential prices are projected to rise 8% next year as the property market is on stable enough footing even without the necessary assistance from the government, according to Morgan Stanley.
The residential property market is expected to rally as home prices are to rise a forecasted 2% this year following a 12% price decline in the preceding four years thanks to sustained wage growth.
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February 5, 2018

All You Need to Know About BSD & ABSD in Singapore

For educational purposes only. All copyrights belong to their respective owners.

Requirement to Pay BSD

You are required to pay BSD for documents executed for the sale and purchase of property located in Singapore. BSD will be computed on the purchase price as stated in the document to be stamped or market value of the property (whichever is the higher amount)
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Buying or Acquiring Property

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STAMP DUTIES

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Additional Buyer’s Stamp Duty (ABSD)

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What is Buyer Stamp Duty and Additional Buyer Stamp Duty (ABSD)?

Stamp duty is a tax on documents relating to the purchase or lease of a property. It is to be paid by the buyer within 14 days after the date of the document (e.g. Sale & Purchase Agreement, Tenancy Agreement) if the document is signed in Singapore. If the document is signed overseas, it has to be paid within 30 days after the date of its receipt in Singapore.
It is an offence to use a document for which Stamp Duty has not been paid on. It is also important to note that only a document where Stamp Duty is paid can be admitted as evidence in the court in cases of disagreements. More details can be found here: IRAS: What is Stamp Duty?
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BUYER’S STAMP DUTY IN SINGAPORE: ALL YOU NEED TO KNOW ABOUT IT

Frequently Asked Questions on ABSD

If I buy a residential property with someone who already owns another residential property, how much ABSD do I have to pay?

In the event that a property is jointly acquired, the profile with the highest ABSD rate will be applied.

Can I buy a residential property under a company or trust?

Yes you can, the ABSD rate of a non-individual will apply.

I purchased a property that is under construction and a title deed has not been issued yet. If I purchase another property, do I have to pay ABSD?

A property is considered in the count of properties if a contract or agreement to purchase the property has been signed. This includes if the property has not been legally transferred, as well as an uncompleted unit purchased from developer under a Sale & Purchase Agreement. Read our article on the other mathematical considerations in buying property.

I own half shares in 2 properties. Am I considered as owning 1 property if I want to buy the next?

A property is considered in the count of properties if an owner owns any share of interest in a property, be it a partial share or in full.

I own a property on behalf of someone else. Do I have to pay ABSD if I want to buy another property?

If a property is held in trust for a beneficial owner, the property is considered as a count for he/she.

If I buy 2 properties at the same time, do I have to pay ABSD?

If more than 1 property is bought together under a single contract, each property will be counted separately. Additionally, the buyer can choose the property to be subjected to ABSD.

A property was passed down to me in a will. Does that count as 1 property if I want to buy the next?

Any property acquired or transferred by gift, release, settlement, declaration trust letter of authority and exchange are each considered as a count of property.

I own a HDB commercial shophouse with living quarters upstairs. Does it count?

A property is considered in the count of properties if a HDB shophouse or shop with living quarters is permitted for residential use.

Beating the Additional Buyer’s Stamp Duty

De-coupling and Part-purchase

One method for a couple to avoid paying ABSD on a second residential property purchase is to do what is known as a de-coupling and part-purchase of the ownership of the first property. This essentially involves removing one spouse from the ownership of the first property. That way, he or she can buy a new property without paying ABSD for what is a second property owned by the couple. What does this entail?
As most married couples purchase their matrimonial home as joint tenants, de-coupling results in Spouse A becoming the sole owner of the existing property and Spouse B purchasing a new property. This would require the following steps:
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Got questions about your property?

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