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Good morning Sir/ Mdm,

There's no ABSD remission for both of you as you are buying with your mom and not spouse (under matrimonial home scheme).

I had a HDB sale that completed just last week. The buyer who took up HDB loan used CPF OA funds to pay for the stamp duty. You can clarify with HDB directly on usage of CPF OA funds for stamp duty payable.

To purchase a resale HDB, you will require these in cash:

- option fee $1k
- valuation fee $120
- exercise fee $4k
- resale application fee $80
- agent's service fee (1% of purchase price plus GST) and so on.

Hope my sharing helps in aiding in your enquiry. May I know how can I value add further in your property needs?

Best regards,

YT Tan
Property Kaki
You dream. I create. We make it happen!
Association of Chartered Certified Accountants Graduate
Singapore Accredited Mortgage Planner

Contact:
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For my own purchase, I also did not pay cash up front for the stamp duties. To highlight on the stamp duties payable in your scenario of $450k purchase price, it should be $30,600 since your mum is a SPR therefore there is no ABSD remission that applies for 1st matrimonial home for SC + foreign spouse. Read More

Hi, happy to assist. Contact me at +65 88554382  and I'll serve you in the matter immediately. Read More

Hi,

I would be most glad to assist you further and please feel free to let me know if you need any assistance. Have a good day ahead. By the way, there is no ABSD payable for purchasing of HDB flat in your case due to you are a citizen.

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More