5 Answers

YT Tan (陈永达)
Good afternoon buyer,

You wont be able to apply for ABSD remission for your scenario.

Kindly refer to the below link from IRAS for more information:
http://www.iras.gov.sg/irasHome/page04.aspx?id=12822#Purchase by Married Couples with Mixed Residency Status (SC-PR, SC-Foreigner and PR-Foreigner)

Nevertheless you can consider to sell off one of your 2 properties first before you purchase another property.

Hope my explanation helps!

If you need any assistance or advice in your property needs, feel free to contact me.

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
Vice President (Agency)
R043025D
Property Avenue Pte Ltd
Estate Agent no. L3010650D
Blk 420 North Bridge Road #03-30 North Bridge Centre S188727

(M): +65 9111 5171
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(W): www.propertyavenue.com.sg
Ivan Ng
Hi,

I'm afraid ABSD refund does not work this way, and you can't get back the ABSD. Thanks and hope to assist further.

Warm regards
Ivan ERA
97432395
Ivanng10@gmail.com
Www.ivanng10.com
Geryl Lim
Dear Investor,

I am afraid you are unable to get the remission done as remission is only applicable for couples who are seeking to upgrade or downgrade from their current matrimonial home in general. Should you wish to pay lesser ABSD, you are advised to sell your current property before purchasing.

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D. Kumar
Hi,

There will be no remission or such.
You may consider selling off one of your properties before purchasing. Do contact for further assistance!

Visit my website to view all my recent accolades - esteemed awards and testimonials to gather more information on me: www.kumarrai.com

D Kumar
+65 96659926
ERA Associate Division Director
www.kumarrai.com
contactdkumarrai@gmail.com

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Belinda Zhao
You can not claim back the ABSD.

And if you are foreigner, ABSD is standard 15% irregardless how many property you own. So it make no difference you want to buy 1st or sell 1st.

Feel free to call for further discussion or email for a list of carefully shortlisted properties based on your specific criteria.

Warmest regards
Belinda Zhao
Senior Marketing Consultant
CEA Reg No. : R051311G
Huttons Asia Pte Ltd
Mobile: (65) 9628 0661
Email: belindazhao1@gmail.com
Property Listings :http://www.findnewlaunchsg.com/