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My wife and I both SC. I owned 2 properties (1 private and 1 hdb). My wife own 1 hdb (joint name with me). If my wife use only her name to buy another private property, what is the ABSD she needs to pay?
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5 Answers

Hi,

ABSD will be 7% for her sole name purchase of 2nd residential property. Thanks and hope to assist further.

Warm regards
Ivan ERA
 97432395 
Ivanng10@gmail.com
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Hi,

ABSD payable will be 7%.
I have led many investors in their purchases and will be glad to assist you similarly with the payment timeline and procedure. To add, there is no agent fees involved and I will walk you through the entire process step by step ; from shortlisting to negotiation to paperwork to admin/legal matters and more! Do visit my website for my latest awards and testimonials @ www.kumarrai.com. Thanks!

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Joanne Chia 谢诗琳
Good day Mr Andy Lee

3% BSD plus 7% ABSD payable to buy additional condo unless your wife is occupier status in the hdb , instead of co-owner status i the hdb to save ABSD .

Have you considered hdb de-coupling ?

Please note hdb de-coupling is not divorced .

Kindly contact me for more details about de-coupling .

Joanne chia
Hp 8333 3327  Read More
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GAN ENG JOO ONASSIS
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YT Tan (陈永达)
Good morning Andy,

The ABSD payable by your spouse on second residential property purchase will be 7% on top of estimated 3% BSD.

You can consider about decoupling to save on this 7% if both of you are eligible.

Hope my explanation helps!

If you need any assistance or advice in your property purchase, feel free to contact me. Cheers!

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
Vice President (Agency)
R043025D
Property Avenue Pte Ltd
Estate Agent no. L3010650D
Blk 420 North Bridge Road #03-30 North Bridge Centre S188727

(M): +65 9111 5171 
(E): yt.lovelyhomes@gmail.com
(W): www.yttan.com
(W): www.propertyavenue.com.sg Read More
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