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A property agent is not mandatory for housing transactions. Consider not engaging an agent in scenarios like straightforward sales, lack of urgency, continuous tenant referrals, or transactions with known buyers. The decision should be based on the deal's complexity and required expertise.

If you buy a second house, you must pay ABSD within 14 days of purchase. You can apply for remission if you sell your first home within six months. For properties under development, sell your first house within six months of the second property's TOP or CSC, whichever is earlier.

For a new launch, the downpayment is 25% if you secure a 75% bank loan. Of this, 5% must be paid in cash, and the remaining 20% can be paid using cash or CPF funds.

Mr. Thomas Tan is the CEO of SRI.

BSD is tax paid on documents signed when buying property in Singapore. Residential BSD rates: 1% for first $180,000, 2% for next $180,000, 3% for next $640,000, 4% for next $500,000, 5% for next $1,500,000, 6% for remaining amount. Non-residential BSD rates: 1%, 2%, 3%, 4%, 5%.

You cannot buy residential property abroad until you fulfill the Minimum Occupation Period (MOP) on your current HDB flat. This rule does not apply to overseas commercial properties like shops or offices.

Buyer's Stamp Duty (BSD) is a tax payable by buyers when purchasing property in Singapore, calculated based on the higher of the purchase price or market value. The BSD rates are progressive, with a top marginal rate of 6% for residential properties and 5% for non-residential properties.

A Singapore Citizen child and a Singapore Permanent Resident mother can form a valid family nucleus to purchase an HDB resale flat. The Malaysian father's status does not prevent the purchase, but he must meet non-resident spouse or relevant eligibility requirements if listed as an occupier.

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Private residential properties must be rented for at least three months. Misrepresentation in advertising is prohibited. Promises beyond your capacity are not allowed. Subletting HDB flats cannot involve businesses like beauty services, car trading, or retail activities.