Asked by Anonymous
Hi, I would like to check if both husband and wife (SPR) have a jointly residential property in Malaysia. Can still buy a resale HDB in Singapore. May I know is ABSD apply also?
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2 Answers
Hi
Let me answer in reverse order your questions. There will be an ABSD payable as both of you are SPR. The rate is 5% for the 1st property.
The rule for the purchase of a Resale HDB is that you must not own any other property locally or overseas. You will be required to sell within 6 months.
However, there is the exception to the rule which will require HDB approval.
If you would text 9620 0827 , we can meet to understand better your purpose of holding and to advise you in accordance.
Attached is a link for your reference. https://tinyurl.com/y8q3888u
Regards
Gavin Read More
Let me answer in reverse order your questions. There will be an ABSD payable as both of you are SPR. The rate is 5% for the 1st property.
The rule for the purchase of a Resale HDB is that you must not own any other property locally or overseas. You will be required to sell within 6 months.
However, there is the exception to the rule which will require HDB approval.
If you would text 9620 0827 , we can meet to understand better your purpose of holding and to advise you in accordance.
Attached is a link for your reference. https://tinyurl.com/y8q3888u
Regards
Gavin Read More
Hi,
You are eligible to purchase a HDB resale flat only if both Husband and Wife has been SPR for at least 3 years.
You will also be required to dispose off all interests in residential properties (local and overseas) latest within 6 months of the HDB flat purchase.
If your overseas property is not meant for investment purpose, you could appeal to HDB for a waiver.
ABSD for SPR first property is 5%. This is on top of the normal BSD (3-4%).
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
You are eligible to purchase a HDB resale flat only if both Husband and Wife has been SPR for at least 3 years.
You will also be required to dispose off all interests in residential properties (local and overseas) latest within 6 months of the HDB flat purchase.
If your overseas property is not meant for investment purpose, you could appeal to HDB for a waiver.
ABSD for SPR first property is 5%. This is on top of the normal BSD (3-4%).
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