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Good day sir / madam .

Yes ABSD is payable , however the ABSD is NOT on the entire amount , but payable on the PART SHARE that is being bought over .

Another possiblity is sell off the hdb To buy the condo without having to pay ABSD .

Or sell the condo .

Kindly contact me joanne chia HP 8333 3327  for a no-obligations chat for your property needs .

My charges are 1% commission for exclusive selling rights ( sole agent ) to your property or 2% for open listing ( many agents ) .

Joanne chia
Chia_joanne@yahoo.com.sg
Hp 8333 3327  Read More

Hi,

The relevant stamp duties applies, as long as there is a change in ownership of the shares in the property involved.

For your case, since the condo is under Joint-Tenancy, ABSD payable would be on the 50% share of the condo. Do take note that you will also need to refund whatever your sibling has paid toward the house using his/her CPF monies.

Should you need any 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 and your partner in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More