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Hi, I and wife are SC and own currently a HDB for more than 10 years. We're pretty sure that we can transfer ownership to one another. My question is , the person that has his ownership transfer out, meaning he is without a property to his name, can he go and buy a pte property and NOT pay ABSD... as an occupier in the hdb?
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3 Answers

Aaron Chong
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Hi, yes you could. My buyer has did that before, so no worries. Meaning you could purchase a condo without having to pay ABSD as this new private unit is your first property after all. Regards Aaron 97308455  aaronchong2774@yahoo.com.sg Read More
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  • JS
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    Hi Aaron, Thanks for your reply. Do you know if there's any taxes BSD/ADSD or any other fees incurred when we do the HDB transfer, by either parties? Thanks, Johnny
Joanne Chia 谢诗琳
Replied
Yes can be done ........condition 1 to fulfill both of you are singaporean ...........condition 2 if husband become hdb occupier , wife has to return husband cpf to cpf board contributions that is being used in the hdb .........condition 3 if hdb is not fully paid , solely wife income alone can support MSR loan for hdb .........condition 4 solely husband ( hdb occupier ) income alone can support loan for private property ........condition 5 MOP has been met .........please contact me for more details .........THANKS .......joanne chia ........hp 8333 3327  .........chia_joanne@yahoo.com.sg ............huttons property Read More
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  • JS
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    Hi Joanne, Thanks for your reply. Do you know if there's any taxes BSD/ADSD or any other fees incurred when we do the HDB transfer, by either parties? Thanks, Johnny
Joanne Chia 谢诗琳
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