3 Answers

Ivan Ng

ABSD is based on property count in Singapore residential only. Your property in Malaysia does not apply. If you are SPR or Foreigner, 1st singapore residential property will be 5% and 15% respectively. Thanks and hope to assist with your housing plans further.

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YT Tan (陈永达)
Good morning buyer,

Application of ABSD is based on a few criterias like residency status, number of residential property owned in singapore etc.

If you are a Singaporean purchasing first residential property, you wont be subject to any ABSD.

Probably you can share more with me so I will be in a better position to advise you further.

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
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Geryl Lim
Fortunately not, unfortunately your loan eligibility maybe affected due to the Total Debt Servicing Ratio considerations. Speak to a banker if you can to determine more about the finances aspect, and then sit down with a real estate consultant to plan out your options moving forward based on your family and lifestyle needs.

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