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    Property Views

    Scheduled Pinned Locked Moved Money Matters
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    • N Offline
      ngl2010
      last edited by

      lee_yl:
      ngl2010:

      If we set up a trust for our child and give one property to him, can we avoid ABSD if we buy another property?


      If we sell our child's property a few years later, can he still get govt's subsidy if he buys HDB with his fiancé?

      We explored with our conveyance lawyer previously. The property loan must be fully paid up, including funds from CPF plus interest plus stamp duty. Then you will be free from the ABSD for the next property purchase.

      I suppose the same HDB rules apply as the property is already under his name although it's under trust.

      :thankyou: lee_yl

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      • L Offline
        limlim
        last edited by

        One question…


        If a person(SC) is listed as an essential occupier of a HDB flat but is not the owner, can he/she buy a 1st property w/o paying ABSD?

        1 Reply Last reply Reply Quote 0
        • lee_ylL Offline
          lee_yl
          last edited by

          I wonder if Clementi Canopy will be selling well… saw their booths at Novena Sq as well as United Sq. Marketing aggressively. Looks interesting and reasonably priced!

          1 Reply Last reply Reply Quote 0
          • lee_ylL Offline
            lee_yl
            last edited by

            limlim:
            One question..


            If a person(SC) is listed as an essential occupier of a HDB flat but is not the owner, can he/she buy a 1st property w/o paying ABSD?
            Occupier not owner plus buying 1st property so no need to pay ABSD.

            1 Reply Last reply Reply Quote 0
            • starlight1968sgS Offline
              starlight1968sg
              last edited by

              lee_yl:
              I wonder if Clementi Canopy will be selling well... saw their booths at Novena Sq as well as United Sq. Marketing aggressively. Looks interesting and reasonably priced!

              Anybody been to its showflat?
              Hillview Peak and J Gateway already TOP

              1 Reply Last reply Reply Quote 0
              • N Offline
                ngl2010
                last edited by

                lee_yl:
                I wonder if Clementi Canopy will be selling well... saw their booths at Novena Sq as well as United Sq. Marketing aggressively. Looks interesting and reasonably priced!

                I will be interested if it is within walking distance to MRT. Too bad it is quite a distance. Nan Hua Primary School is also > 1 km. Is it still below 2 km?

                1 Reply Last reply Reply Quote 0
                • MrsKiasuM Offline
                  MrsKiasu
                  last edited by

                  ngl2010:
                  lee_yl:

                  I wonder if Clementi Canopy will be selling well... saw their booths at Novena Sq as well as United Sq. Marketing aggressively. Looks interesting and reasonably priced!


                  I will be interested if it is within walking distance to MRT. Too bad it is quite a distance. Nan Hua Primary School is also > 1 km. Is it still below 2 km?

                  ngl2010, you are thinking of renting the investment unit out and later for your grandkids arh 😂

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                  • N Offline
                    ngl2010
                    last edited by

                    MrsKiasu:
                    ngl2010:

                    [quote=\"lee_yl\"]I wonder if Clementi Canopy will be selling well... saw their booths at Novena Sq as well as United Sq. Marketing aggressively. Looks interesting and reasonably priced!


                    I will be interested if it is within walking distance to MRT. Too bad it is quite a distance. Nan Hua Primary School is also > 1 km. Is it still below 2 km?

                    ngl2010, you are thinking of renting the investment unit out and later for your grandkids arh 😂[/quote]If grandkids can get into NHPS, then NUSH, then NUS, the condo is at a very strategic location! 😆

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                    • lee_ylL Offline
                      lee_yl
                      last edited by

                      ngl2010:

                      If grandkids can get into NHPS, then NUSH, then NUS, the condo is at a very strategic location! 😆
                      Ya, precisely.
                      When the housing agent passed us a brochure, he didn't say much, only mentioned NUS High, which made me take a second look at the brochure.

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                      • MrsKiasuM Offline
                        MrsKiasu
                        last edited by

                        :rotflmao:

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