Hi,
You are correct over the payment timeline.
In fact, not only ABSD, BSD also need to be paid within 14 days of signing the S&P. Unless, you are overseas, then the timeline is allowed up to 30 days.
In all cases, CPF board cannot disperse payment within this period. Thus buyer has to pay in cash and wait for reimbursement from CPF for all stamp duty.
Hope the above answer to your main concerns, but if there are more queries, please feel free to contact me at
90110636
, or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.
Best regards
Ling CK
90110636
ling.ck7@gmail.com
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