Asked by
Dear Guru, my wife is listed as Flat owner while I am listed as an occupant in our matrimonial HDB home and MOP has been fulfilled. In Jan 2013, the Goverment has introduced a 7~10% ABSD. As a HDB listed Occupant, does this in any way impact me? Would the ABSD still be applicable to me, considering that I am only a listed Occupant under HDB and i did not own any private residential property.
0
830 views
Want this question answered?
Get faster responses from our experts by upvoting.
Be the first to upvote this question.

3 Answers

Afternoon Mr. Phang,

The ABSD is applicable to all PR buyers. It also affect SC buyers who are looking for their second property. Being an occupier, you are not considered as the owner of the said property. Hence if you are SC and this is your first property in holding, you are not liable for ABSD.

FYI
Mike Lim
 96929209 
ERA Read More
0
YT Tan (陈永达)
Hi Mr Phang,

Unless you are listed as the co-owner of HDB, if not you will not be liable to any ABSD if you purchase another property as a SC. If as PR, it will be 5% for first property.

Hope it helps!

If you need assistance in property purchase, I am just a call away.

Cheers!

Warmest Regards,
YT TAN
Senior District Manager
R043025D
(M): 9111 5171 
(E): yt.lovelyhomes@gmail.com
(W1): www.yttan.com
(W2): yttan.stproperty.com.sg/
ECG Property Pte Ltd Read More
0
Hi,

Regard to your question. Why not you just drop me an email at ot1984pierre@gmail.com or Contact me @ +65 8 2 7 9 8 3 2 7 - Whatsapp / Call / SMS

Why Should Sellers/Landlords engage me? Contact me @
8 2 7 9 8 3 2 7

Questions Like .. Review ...
Recommended
SIBOR / SOR – FLOAT RATE LOAN
Mortgage Calculations
Repayment Calculations
Difference Between HDB n Bank Loans
Home or renovation Loans
Property Tax
hdb resale checklist
Getting a BTO Flat
Getting a licensed contractor hdb
Tenancy Agreement For renting or rent out a house
home insurance coverage - HDB Fire Insurance
What is OTP ?

Thanks

Shalom

Blessings , Regards

Koh Z H - Agt
hp- 8 2 7 9 8 3 2 7
Cea Reg - License Number - R 0 5 7 8 1 0 C
Orangetee - L 3 0 0 9 2 5 0 K
AAG Team Agent

***Recruitment Agt Welcome

My propertyguru Commercialguru Site

Welcome owner/Landlord to list through us

Residential , Commercial , Industrial
Room Rental Welcomed too Read More
0

Still looking for answers?

Get answers from PropertyGuru experts in 24 hours

Previously Asked Questions