Asked by Anonymous
Hi, we are a double SPR family who owns a resale HDB. One of us is planning to concert to Singapore Citizen, so that we are eligible to buy a private condo with less/ or even without ABSD. There are two possible scenarios and I don't know which one will be applicable:
1)my husband, who is the owner of the HDB, convert to SC. I, as an SPR who is an essential occupier without property, can purchase a condo with 5% ABSD.
2) I, as an essential occupier, convert to SC, and the owner(my husband) remain as SPR. So I can buy a condo as SC without ABSD. The question here is if an SPR owns the HDB with an SC as an essential occupier, can we keep the HDB and then buy a condo? Or only when the owner is SC then the household can keep the HDB?
1)my husband, who is the owner of the HDB, convert to SC. I, as an SPR who is an essential occupier without property, can purchase a condo with 5% ABSD.
2) I, as an essential occupier, convert to SC, and the owner(my husband) remain as SPR. So I can buy a condo as SC without ABSD. The question here is if an SPR owns the HDB with an SC as an essential occupier, can we keep the HDB and then buy a condo? Or only when the owner is SC then the household can keep the HDB?
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