5 Answers

Aaron Chong
Hi, stamp duty payable will be 3% + 10%. And once you sold your HDB unit, you could ask IRAS for a refund of the stamp duty paid. Regards Aaron 97308455 aaronchong2774@yahoo.com.sg Read More

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Geryl Lim
Dear sir, I would think it is the best to seek IRAS clarification in this instance. The most optimistic scenario will be you get the rebate on the difference of ABSD applicable to PR on the first and second property. I highly doubt that it will happen if you purchase now but that is just my opinion. Regards, Geryl LIM Real Estate Director Masters Of Real Estate (L3010548F) CEA Reg R014783H Mobile: +65-81577565/+65-92787772 Email: geryl7772@gmail.com https://www.facebook.com/propertyblogshop https://www.facebook.com/media/set/?set=a.297043923770884.1073741832.284747148333895&type=1&l=90fca1674e M.O.R.E Landed Dynamic Alliance - www.DAG.com.sg Home of *7772 Hotline Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ "Landed 7772" in Mobile Apps Store or Play Store now! **Aspiring to be your preferred partner in real estate** We have successfully concluded our Landed Homes Sales Exhibition on 22/23 February 2014. Huge thanks to our clients, we managed 3 transactions and 5 listings, registering more than 100 guests for the event. If you are looking to buy a landed home or looking for a landed home buyer, we have the solutions for you. Royal Wharf, London. A new prime waterfront township in central London awaits your attention. An excellent opportunity for investment in an ideal location on the River Thames in central London. Register your interest as soon as possible for your exclusive invitation to our exclusive event. https://www.facebook.com/media/set/?set=a.372619176213358.1073741861.284747148333895&type=1 Interested in other international projects? We have MORE opportunities for you. From neighbouring Malaysia to Philippines, Australia, France and US, we have these great opportunities for your investment. Call us to find out MORE! Read More

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YT Tan (陈永达)
Good evening, The stamp duties applicable to you will be estimated 3% plus 10% ABSD. I doubt you will be enjoying the ABSD relief as it stated clearly that only married couple with at least 1 SC with a SPR/ foreigner spouse who purchase a residential property are able to enjoy ABSD relief as it will be treated as a matrimonial house. This will not be applicable in your case. Even though its my personal opinion with my accounting background but it will be best to contact IRAS for confirmation. If you need any assistance in this, feel free to contact me. Cheers! 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

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Joseph Goh
Hi Sir, In my opinion, the preferred option for you is to Sell your current HDB First, then Buy the Condo. Stamp Duty 3% + 5%. Will be glad to assist you in all your property needs and requirements. You can reach me at my mobile: 91007263 and email: josephgohlenghai@gmail.com. Senior Team Director ERA Realty Network Pte Ltd Read More

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Joanne Chia 谢诗琳
Dear Home Seeker, if you buy now, your stamp duty tax is 13%. IRAS see it as you are PR owning 2nd property. They wont know that u are going thru a divorce and is selling away a home in due course. Hence, to avoid paying higher tax, the best way is to buy AFTER disposing your hdb flat. As soon as the buyer of your hdb flat exercises the Option to Purchase ("OTP"), you are deemed to have 'sold' it and with the exercised OTP you can make another purchase in your sole name with 8% tax. Stamp duty relief / remission is not applicable for singles regardless you are PR, Citizen, Foreigner. The spirit of a stamp duty remission is to benefit the married couple and having said that, it is only for their FIRST matrimonial home and at any one point in time, this married couple can only hold 1 property under their joint names. I will be happy to assist you to sell your hdb flat at 1% commission for exclusive selling rights. Will be happy to speak/sms/watsapp/ email with you too. Joanne Chia (Huttons Real Estate Group) Tel : 8333-3327 email : chia_joanne@yahoo.com.sg Read More

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