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Good morning Jackie,

If you are purchasing the private property with your spouse and this is going to be your first property in Singapore, you will not be subject to ABSD as IRAS will treat this purchase as your matrimonial house.

Whereas if you purchase it with a unrelated person or it is 2nd or subsequent property with your spouse, the higher rate of ABSD will apply.

For instance:
1) unrelated; 1st property
no ABSD vs 5% ABSD: 5%

2) 2nd condo purchase
7% ABSD vs 10% ABSD as SPR: 10%

Hope my explanation helps!

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

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 
(E): yt.lovelyhomes@gmail.com
(W): www.yttan.com
(W): www.propertyavenue.com.sg Read More

Hi Jackie, for your case and if this is going to be your first property as a married couple, then no ABSD will apply. But if both of you are just friends, then stamp duty payable will be at 8%.

Regards
Aaron
 97308455 
aaronchong2774@yahoo.com.sg Read More

Hi,

If its your 1st property purchase between SC-SPR married couple, you will be eligible for ABSD remission as IRAS will consider as your matrimonial home.

However, if its your 2nd property purchase, ABSD of the higher of the two purchaser profiles will apply, ie (SPR of 10%). This is in addition to the 3% buyer stamp duties payable, hence total stamp duties will be 13% of purchase price for SC-SPR 2nd property.

Thanks and hope it clarifies. May I assist with your housing requirements further?

Warm regards
Ivan ERA
 97432395 
Ivanng10@gmail.com
Website: http://www.ivanng10.com/#!reviews/c11r1
(Client's Testimonials) Read More

Hi Mrs Chang,

This combination would warrant you a ABSD remission as it will be treated as your first property. Therefore you will only need to pay the 3% BSD.

Let's get in touch at +65 96659926  for me to understand your requirements, expectations and objectives. Following that, I will work out the financial calculations cash flow and breakdown of purchase with progressive payment to see which options you can consider.

Do note that there is no agent fees involved and I will walk you through this whole tedious process of : explanation of procedure, shortlisting, negotiation, paperwork, establishing financial projections / application of loan, sharing of market insights, providing up to date transaction caveats & price analysis of properties as well as and handling all technical and legal matters at NO cost!

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

#1 team of ERA in Singapore, Asia Pacific International for 2014.

ERA 2015 Q1 Top Achievers (Top1%)
ERA Top Achievers 2013/14
ERA Multi-Million Dollar Club Award
2014 ERA Asia-Pacific Business Conference Elite Award

P Group
2015 April ERA Top Achievers
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Hi Jackie,

Great hearing from you!

I assumed you had granted option and buyers had exercised on it, just waiting for completion. There will not be any ABSD applicable. You will be considered as no property on hand.

What are the projects or preferred location you are looking at for your purchase?

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 
(E): yt.lovelyhomes@gmail.com
(W): www.yttan.com
(W): www.propertyavenue.com.sg Read More