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Hi. I am transferring my ownership of my HDB flat as per court order of my divorce. Can I purchase a private property concurrently with the transfer process without paying ABSD? Otherwise, I will have to wait 6 months for the transfer of ownership to be completed first and then start the purchase of private property.
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5 Answers

Hi You can start your search, shortlist and even offer. Timeframe can be managed to avoid ABSD. Do contact me at 97970200  to discuss more

Mark, your RIGHT choice
Propnex Read More
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Hi,

You would need to get the approval from HDB to confirm that the HDB transfer of ownership has been applied successfully, and the relevant stamp duties paid, before you can commit to a private property.

IRAS looks at the exercise dates of your property transactions to determine any ABSD liability. Happy to assist to plan out a smooth timeline.

May I have more info and requirements about your plans so to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,

Ivan Ng Realtor
ERA Senior Marketing Director
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Hi, I would be most glad to assist you further and pls feel free to let me know if you need any assistance. Hope to hear from you soon and have a great week ahead. By the way, it would be advisable to wait till the transferring process is officially completed and then follow by your next purchase.

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

Sorry to hear about your situation. To make things simple and straightforward, it will be best to complete the transfer first before purchasing the condo.
However, it will be good if you can start to plan your next property so to ensure you can get the most suitable one.

What you can do concurrently is to also check with HDB to see if there any documents to show the transfer is in the process.

Feel free to contact me at 92707548  to discuss further.

Thanks

Alan Sng
PropNex Read More
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Hi Sir/Madam

It will need proper timeline planning
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 https://bit.ly/WaSilvia to whatsapp me for no obligation discussion
Thank you.

Warmest regards,

Silvia Yang

Senior Marketing Director
ERA Realty Network Pte Ltd
Mobile: (65) 9660 8508 
Email: Silviayang8@gmail.com Read More
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