Decoupling: Buying a SECOND Property in Singapore?

Decoupling: Buying a SECOND Property in Singapore? | Real Talk with LoukProp! Ep 33

Рет қаралды 5,251

2 жыл бұрын

🎬 Real Talk with LoukProp! Episode 33 | Decoupling? How Does It Work? Buying a Second Property in Singapore!
If you have watched our previous episode ( • Can I buy a SECOND Pro... ) on Buying a Second Property Without Selling Your Current Property, you would have understood better about the significant costs involved in owning multiple properties in Singapore. 💰
In this episode, we discuss Decoupling - a method you can employ (if you own a private property) to own a SECOND property without breaking the bank! We discuss the considerations of decoupling, the steps involved and also go through 2 case studies so that you can understand the process better. 🧐
What do you think of our guide and case studies on Decoupling? What other questions do you have? Share with us your thoughts as well!
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Пікірлер: 5

@owouwu8741 4 ай бұрын

Hi, thanks for your video it is very helpful! For the 99-1 scenario, how does the new loan (of the original 99% owner) work? Does the (now) sole owner have to take a new loan base on 100%? Thanks~

@LoukProp 4 ай бұрын

Hi! Glad this video has been helpful for you! The answer is not as straightforward, there are different calculations involved before deciding if that is the best option. If you would like to find out more, do drop us a text at 81617816 and we’ll get back to you!

@cdang8742 Жыл бұрын

This is the type of agent that teach buyers how to aviod tax. Now authorities is check and will you be liable as well?

@LoukProp Жыл бұрын

Hi CD Ang! Thank you for spending the time to comment and express your concerns! I hope you finished watching the video though before making your judgement, because everything I shared in the video is aboveboard and fully legal. We are sharing on the process of how you can free one name out of a property owned by 2 people (which definitely has its costs as well) so that the one party is able to proceed to buy their own property. If you have spent some time understanding what the government is clamping down on, is the way some buyers who bought under one name, quickly sells 1% share to another party within weeks of exercising, just so they can avoid paying ABSD and incur negligible costs. This is definitely a totally different direction that is wrong and one that the LoukProp team does not agree with. But I do understand how this must be confusing to you so we are coming out with a video soon to explain the difference and what you should look out for. Stay tuned for that! 😀 Thank you for watching and supporting our videos, and once again we really do appreciate the comments!

@cdang8742 Жыл бұрын

By the way, if any parties were to be ask to crawl back on ABSD + 50% fine .. for sure we will hear many legal cases of property owner suing agents+lawyers+bankers. There are too many of such case, im wont be surprise most agent advice this to their clients right.