AskGuru Q&A Community

Hi Jim

Yes, you are liable for ABSD. But you are able to ask for a refund once you sell off the HDB. Cheers!

Best regards
Aaron
 9730 8455 
aaronchong2774@yahoo.com.sg Read More

YES, your absd is 10% - $5400 of the purchase price of the new condo. This has to be in cash first, then reimbursed from your CPF (if there is sufficient funds).

Call me if you want to learn more about the buying rules and cash outlay.

Best regards
Joanne Chia
Huttons Real Estate
 8333-3327  Read More

Hi Jim,

Yes, you are liable for ABSD. However, you can ask for a refund once you sell off the HDB.

The ABSD can be calculated as below

10% of your purchase price - 5,400

I have a couple of new launches projects at a very attractive price. If you are interested, please contact me.

Hi, it would definitely depend on the location of the unit you are looking at. Perhaps you can share more information with me and I can assist you from there?

Warmest Regards

Shirley Lye

Senior Marketing Consultant

HUTTONS ASIA PTE LTD

CEA Licence Number:

L3008899K / R049315I

Mobile : 9230 9238 
Email : shirleylye12@gmail.com
Website : http://dreamahousesg.wordpress.com/ Read More