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Hi Gurus, can you get 5% ABSD remission on a property for matrimonial home, if you decide to get married later? My partner is SPR and I am SC. We want to purchase a condo now, but don't want to ROM just yet. Say if we get married in 2020/2021, can we apply for the 5% ABSD remission then? Thanks!
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6 Answers

Hi,

Unfortunately no, one of the eligibility conditions is you need to be married couple in the first place to be eligible for ABSD remission. I believe you had posted another enquiry earlier? Perhaps there are other ways to reach your objectives. Look forward to discuss at 97432395  .

Thanks and look forward to value-add to your housing plans.

Warm Regards,

Ivan Ng Realtor
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YT Tan (陈永达)
Good evening,

ABSD remission is usually applicable for such scenario.

A married couple (one at least SC) who bought a second property first (paying ABSD) are eligible to apply for ABSD remission if they manage to sell off their existing property within stipulated duration (6 months).

I am apologetic to inform you that ABSD remission wont not be applicable for the above scenario you suggested.

If both of you can get married in 2020, I might be able to work something out. Will you be keen to find out more?

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YT TAN 陈永达 | ACCA Graduate, RES
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Propnex Realty Pte Ltd

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Dear Sir/Mdm,

Unfortunately, as my colleagues have shared, you will need to be a married couple in order to be eligible for the ABSD remission.

If you plan to marry later and want to avoid paying the ABSD, please feel free to contact me so that I can understand your situation better and propose a solution for you.

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS)
Cert-in-REA
(E) nick96444854@gmail.com
Visit my website to know me better: www.nicktan.com.sg

I was featured recently on Council for Estate Agencies (CEA) Newsletter:
http://bit.ly/CEAnews

I have written a guide to buying Residential Property:
http://bit.ly/buypropertyguide
Testimonial from Satisfied Clients
“Nick is a responsible, efficient and excellent salesperson. He has very good knowledge of the real estate market and I benefited a lot from his advice and sharing. He is extremely patient when guiding me through the buying process and I am happy to secure a dream house within my budget with his assistance. A highly recommended salesperson who made my house hunting journey a breeze.”
Ms Chia (Buyer)

“Nick provides a delightful customer experience from day one when I engage him as my agent to look for a flat of my choice to the completion of the deal. He is competent, resourceful and has a pleasant manner to work with. He is the Agent of my choice in dealing with properties and I would highly recommend him to others who would appreciate an agent that takes care and can give the customer a peaceful mind.”
Susana (Buyer)

“Nick is very pro-active in helping us to resolve whatever questions and problems that we encountered. All the issues are settled even before us having to request or ask for a second time. He was very frank and transparent with all the details, limitations and advantages that we wouldn’t have known. I think this is the most important virtue to be successful in this line. I will surely recommend him to anyone who needs his service because I trust that they will be equally satisfied!!”
Mr and Mrs Chan (Sold and Bought a property through Nick)

“We are very grateful to Nick for his extensive marketing efforts. With his comprehensive marketing plan, he helped us to achieve a record selling price within 2 weeks of listing our property for sale! We highly recommend his service to anyone who is keen to sell their properties.”
Mr & Mrs Wong (Property Seller)

“Nick has conducted himself ethically and professionally when handling the sales of our property. Thanks to his patience and perseverance, we managed to secure a sales price beyond our expectations.
We are very happy and satisfied with his services and will definitely recommend him to our friends and family in the future.”
Mr & Mrs Tan (Seller of Inter-Terrace House) Read More
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Robbie Chen Chee Howe
Hi,

You will not be able to get ABSD remission, as upon the purchase, you're not married, and hence the property is not considered a "matrimonial home".

However, if you're looking for some savings in terms of ABSD is concerned, I may be able to assist you.

I am experienced and well-versed in private transactions. I will be able to assist you in your home purchase. Please get in touch with me for a more in-depth discussion.

Should you need require further assistance in matters relating to property, please contact me at my mobile 9748 6305  . I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More
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Hi Sir/Madam

I will be glad to assist

I won't be able to contact you first as I do not have your contact, appreciate if you can contact me at (65) 96608508  or Silviayang8@gmail.com
or click here http://bit.ly/2tzIQ1a to whatsapp me for no obligation discussion
Thank you.

Warmest regards,

Silvia Yang

PropNex Realty Pte Ltd
Mobile: (65) 9660 8508 
Email: Silviayang8@gmail.com Read More
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