AskGuru Q&A Community

Hi Vincent,

For HDB upgrader, you can choose to buy first then sell or sell first then buy.

But if you choose to buy first or hold on to both properties, you have to incur ABSD for second property. But ABSD will claw back if you sell off your HDB within 6 months from keys collection date.

If you does not want to come out with ABSD first, you may choose to sell off your HDB first followed by condo purchase.

Hope it helps!

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
Senior District Manager
R043025D
ECG Property Pte Ltd
(A Wholly Owned Subsidiary of ECG Group of Companies)
Estate Agent no. L3009759F
Blk 190 Lorong 6 Toa Payoh #05-508 S (310190)

(M): +65 9111 5171 
(E): yt.lovelyhomes@gmail.com
(W): www.yttan.com
(W): yttan.stproperty.com.sg/
(W) www.lovelyhomes.com.sg
(W) www.ecgproperty.com Read More

Hi Vincent

If your intention is to avoid ABSD, then I'm afraid that you got to sell the HDB first before you purchase a private unit.

Regards
Aaron
 9730 8455 
aaronchong2774@yahoo.com.sg Read More