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Hi all experts

My fiancé and I are buying a resale HDB and we are both listed as Owner on the resale application. We would like to seek advice on ABSD remission.

With reference to the information found on IRAS official website, we are liable for ABSD (1 Singaporean Citizen and 1 Permanent Resident) buying their first property together.

We understand remission is automatic for a married couple with at least 1 SC in the household, however, in our case, we are not legally married (not registered with ROM).

Would we be required to be legally married before the purchase is completed to be eligible for remission?

Thank you.
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3 Answers

Hi there, you would need to be legally married before your purchase of your HDB is completed, but if you had already registered for a ROM date, you can appeal to HDB to allow you an extension of time before you show them the proof of marriage.

As for the ABSD, as long as you are eligible to purchase a resale HDB flat as a SC, eg, Single over 35 y.o., family scheme, there will no ABSD charged for the purchase. There will only be a 5% ABSD applicable for a SPR family applying for a resale HDB flat.

Summary: You do need to at least register your ROM before you complete the purchase of your flat and you are not liable for ABSD in your case given. Read More
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Hi,

1) When you are buying a matrimonial home, as long as one of you is a Singapore Citizen. You are not required to pay any ABSD. This is applicable to the fiance/fiancee scheme.
2) Since you are buying under the fiance/fiancee scheme, you must ensure you are receiving your marriage certificate within 3 months upon key collection. So do not apply for your marriage date too late.
3) If you exceed the given grace period to have your marriage registered, you should be more worry about losing your flat rather than the stamp duty.

Hope the above answer to your main concerns, but if there are more query, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer

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Hi

In order to assist you better, I would need more information to your circumstances. I am specialised in HDB transactions. Do contact me at 93375051  for a free and non obligatory discussion on this.

Regards
Taufik Hussein
ERA Realty Network Pte Ltd Read More
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