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I currently own and stay in a private apartment. If I want to buy a HDB flat, I understand that I have to sell my private apartment. So, if I sell my private apartment to purchase the HDB flat, do I have to pay for the Additional Buyer's Stamp Duty ?
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3 Answers

YT Tan (陈永达)
Good morning! If you are referring to BTO, you have to sell off your private property first then observe a waiting period of 30 months before you can apply for one. While if you are referring to resale HDB. If you choose to buy resale HDB first then sell private property within 6 months from completion date, ABSD will be payable. But it will be reimbursed back to you (the resale HDB purchase must be the only residential property you own) if its a married couple who purchase it and one of them is a SC (IRAS will treat it as your matrimonial home. If you choose to sell off your private property first with a signed OTP when you purchase a resale HDB flat, you won't be subject to ABSD. Hope it helps! It might sound confusing. If you need any clarification or assistance in your property needs, feel free to contact me. Cheers! Enjoy your weekends! Warmest Regards, YT TAN 陈永达 | ACCA Graduate, RES Senior District Manager R043025D ECG Property Pte Ltd (A Wholly Owned Subsidiary of ECG Group of Companies) Estate Agent no. L3009759F Blk 190 Lorong 6 Toa Payoh #05-508 S (310190) (M): +65 9111 5171  (E): yt.lovelyhomes@gmail.com (W): www.yttan.com (W): yttan.stproperty.com.sg/ (W) www.lovelyhomes.com.sg (W) www.ecgproperty.com Read More
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Joanne Chia 谢诗琳
Good day sir / madam ......ABSD remission possible if spore citizen household=sporean plus at least a permanent resident spouse.......another condition for ABSD remission this husband n wife only own 1 property in TOTAL selling private property n buying resale hdb TOGETHER possibly your case.......singles do not qualify for absd remission will have to sell property before buying next property to avoid ABSD........may i offer my housing services .........My charges are 1% commission for exclusive selling rights to your property..........Or 2% for open listing..........Kindly contact me for a NO OBLIGATIONS chat for your housing needs ........ Joanne chia ..........Huttons real estate ............Hp 8333 3327  ...........Chia_joanne@yahoo.com.sg Read More
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Hi,

Regard to your question. Why not you just drop me an email at ot1984pierre@gmail.com or Contact me @ +65 8 2 7 9 8 3 2 7 - Whatsapp / Call / SMS

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