Anyone decoupled?

[MoeLanYong]

To avoid absd. After that, how to get another?

 

[䏣炆玧示老太]

To avoid absd. After that, how to get another?

Don’t be silly
Just sell off old flat buy new ones

 

[mastermember]

To avoid absd. After that, how to get another?

Decoupled 6yrs ago. Till now have not manage to buy.

Prices running away too fast

 

[MoeLanYong]

Decoupled 6yrs ago. Till now have not manage to buy.

Prices running away too fast

So you decoupled for nothing?

 

[Iamnobodyla]

Hdb cannot decouple…

 

[sky00sky]

yes, my left hand and right hand decoupled long ago

 

[MoeLanYong]

Hdb cannot decouple…

HDB is demerry

 

[Ethan_]

Have to divorce to do it or?

 

[MoeLanYong]

Have to divorce to do it or?

Divorce is demerry.

Decouple is last time buyed joint tenancy. Now, 1 person own the property so that the other can buyed another property without incurring ABSD.

 

[whatheheck]

To avoid absd. After that, how to get another?

You ask so direct one ah

 

[The_Davis]

So you decoupled for nothing?

Cannot take photo of my two hands holding each other leh. Don’t have a third hand

 

[Lss]

So you decoupled for nothing?

Better to have cards and not use it mah

 

[buttbERry]

bbfas where got such options

 

[Lao_Tiko]

To avoid absd. After that, how to get another?

Errmmm .... Decoupling is straight-forward. A decent conveyancing lawyer can do it for you.

The selling price should be deemed arms-length transaction ie. you cannot sell too low to avoid paying stamp duties (I know this is arguable but there's a heavy scrutiny right now and you want to avoid any clawback from the gahment in future).

Also the "profit" that one of you make from the sale aka transfer of the first property needs to be transferred to the other person for your next property purchase. This needs to be documented even if it is "friendly" at this point in time. Bottom line, get a decent conveyancing lawyer to help you navigate this process legally

 

[rosschang]

decouple = avoid absd.

direct or not all lead to same answer. direct better.

You ask so direct one ah

 

[Eggdrop]

Yes just done that and need to have proper valuation conducted and proper funds flow (payment by buyer to the seller)

 

[dry_county]

I managed to decouple the HDB from my wife before they closed the loophole more than 10 years ago. Now my wife owns the HDB while i own the condo that we are staying in now.

 

[Iamnobodyla]

I managed to decouple the HDB from my wife before they closed the loophole more than 10 years ago. Now my wife owns the HDB while i own the condo that we are staying in now.

10 years ago condo price also more within reach.
now jump a lot

 

[Lao_Tiko]

Yes just done that and need to have proper valuation conducted and proper funds flow (payment by buyer to the seller)

 

[dry_county]

10 years ago condo price also more within reach.
now jump a lot

yeah lor. new condo prices are really sky high now. heng i bought old condo. much more affordable.