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Top 6 Questions on ABSD or Decoupling!
*Tap To Answer Your Enquiries!*
Question:What Is ABSD?
In full-term, it is known as Additional Buyer’s Stamp Duty which is a tax that’s levied on top of Buyer’s Stamp Duty. (a tax that property buyers have to pay when they buy a property).
Question:What is Decoupling?
Decoupling is the process where one co-owner of the property transfers his or her own share to another co-owner ( in the most common situation of a property co-owned by 2 persons).
Question:I own a private property, what is next in line for me?
We have a few different options for you, but before that, we need more information (eg property info, financial assessment) from you so that we can propose the most suitable method.
Question:Is it possible to own 2 or more properties without incurring ABSD?
Yes, it is possible and we have assisted various clients from different backgrounds to grow their asset portfolio. Contact us for a free personalize consultation
Question:I own an HDB which is coming to 5 years/ more than 5 years, What are my options?
We have a few options where you can upgrade from your existing HDB or even the possibility of buying 2 properties with rental income. However, we would need more information (eg outstanding loan, financial assessment) to assess the feasibility as well.
Question:Do I have to pay you any consultation fees or any hidden cost involved?
Definitely NOT. We highly believe in working on a transparent relationship and we provide a complimentary consult with a personalized risk analysis report for you as well.
Now that you are somewhat convinced or interested to find out how to move forward, but you have these concerns..
Question:When Is the best time to buy?
Unfortunately, there is never a BEST TIME to buy but that is why we are here to show you when it could be a good opportunity to enter the market.
Question:Are there any value buys or discounts?
We have done EXTENSIVE research for you and will show you the relevant but less-known data and share critical market information so that you are well equipped in your decision making.
Question:Risk or Opportunity ? Logic or Sentiments ? Which is which?
Rest assured, we would not want you to break the bank just to own a 2nd property, nor for it to affect your lifestyle. Everyone should own a 2nd property at their comfort level. And we will share various risk assesment techniques to ensure that your monthly commitments will be manageable and safe.