Morning KS,
1) If you choose to purchase a condo first before selling off your HDB within 6 months from condo completion, you will be subject to 10% ABSD.
2) If you choose to sell off your HDB then buy a condo, it will be 5% (because it will be your first property in Singapore).
Last of all, if your spouse is a Singaporean, you will be able to apply for ABSD relief for both options thus the ABSD incurred will be refunded back to you if approved.
No difference in ABSD for either one options.
Hope it helps!
If you need any assistance in your property needs, I am just a call away.
Cheers!
Warmest Regards,
YT TAN
Senior District Manager
R043025D
(M):
9111 5171
(E): yt.lovelyhomes@gmail.com
(W1): www.yttan.com
(W2): yttan.stproperty.com.sg/
ECG Property Pte Ltd
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