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I've a question regarding some property tax implications. (SSD / ABSD)

I own a semi D (1st property) under my sole name. Assume my wife will purchase the adjacent semi D (also 1st property under her sole name)

Upon URA approval, if we tear down the combined semi D and build a single detached dwelling with a single address, what are the tax implications? Are we subjected to SSD or ABSD?

Will the single detached dwelling become a 50/50% joint ownership between my wife and myself. In that case, since there is no property purchase/selling, will there be any SSD or ABSD payable?
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4 Answers

Geryl Lim
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Able S.K Toh
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Able S.K Toh
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IF you Need Further Help For Property such as Renting / Selling / Buying or Investing ,...

I am Sorry that This platform does not allow me to direct contact you.

To further assist you, please feel free to contact me via WhatsApp at 9856 9255  or through this link: https://wa.me/6598569255.

My services come with no obligations, and I'm here to help with any questions or assistance you need.

You can check out my reviews here: https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.

For buyers, I offer solutions for sourcing resale and new private homes at no charge.

I can connect you with reputable bankers for private housing loans free of charge and with no obligation.

I also have partners to assist with mortgage home insurance matters.

Let's seal this affinity by technology; please PM me your contact for assistance with your real estate needs. So, I believe in Affinity (Chinese word: 缘份） :), let's SEAL this AFFINITY Not by blood but by Technology > Please PM, Private Message your contact so that I CAN BE (EXTRA) PAIR OF HANDS / BRAIN and LEGS to Assist you NOW or FUTURE REAL ESTATE NEEDS!

*** You can reach me at my Singapore mobile: +65 9856 9255  or email me at Able.selling@gmail.com.

From: ABLE Toh- Your Property ASSISTANT ：）

“ i am ABLE to Help As Much As You are ABLE To PM (Private Message) me ”

XXXXX The END XXXXXXX Read More
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Landon Chew
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Landon Chew
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landonchew@email.com Read More
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