Hi
As HDB regulations require you to sell away your existing HDB within 6 months of getting the next HDB, the applicable absd rate should be 5% since you are SPR household. You may wish to write in to IRAS to confirm.
More info @ https://www.iras.gov.sg/taxes/stamp-duty/for-property/buying-or-acquiring-property/additional-buyer's-stamp-duty-(absd)
under purchase by non-sc
The bridging loan is only possible for application when you found a buyer for your current HDB, and they have exercised the OTP on that. You may not need the bridging loan if you can time both sale & purchase process concurrently, such that the sale completion will be done prior to purchase completion. It involves delaying of submission timelines, and close coordination of all parties.
Hope the above clarifies. I am well-versed with HDB and private property transactions, having helped more than 100 home-owners to smoothly complete their housing plans. Please reach out to me at
97432395
for a more in-depth discussion :)
May I have more info on your requirements so as to make better recommendations? Thanks and looking forward to chat more
Warm Regards,
Ivan Ng Realtor
ERA Senior Marketing Director
ERA Multiple Diamond Achiever
SIEA's Salespersons Achievement Award (Platinum) 2025
SEAA Salesperson Achievement Award (Gold)
SEAA Singapore Accredited Mortgage Planner (SAMP)
ERA Top 226th Achiever in 2nd Quarter 2025 (Top 3% Company Level)
ERA Top 11th Achiever in Feb 2024 (Top 1% Company Level)
ERA Top 64th Achiever in March 2024 (Top 1% Company Level)
ERA Top 37th Achiever in Oct 2023 (Top 1% Company Level)
ERA Top 93th Achiever for Full-Year 2020 (Top 1% Company Level)
SMU BBM (Finance), Magna Cum Laude
Proactive. Sincerity. Feedback.
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(Client's Testimonials)
CEA: R052114D
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HDB upgraders,
Mr. Emman & Mrs. Charo Moneda :
We are extremely pleased to have engaged Ivan Ng to assist us in the sale of our 3 RM HDB flat and buying a 4RM HDB flat. Ivan made the stress of selling & buying our house as minimal as possible! We thank him for bearing with us and adjusting with the different demands. Ivan displayed an exemplary drive to ensure that we were able to sell and buy our property within the given time frame. He used his very good negotiating skills to obtain the very best deal for us. A very dependable property agent. We recommend him without hesitation. Thank you Ivan!
-- HDB Choa Chu Kang BTO 4-RM Sellers, 5-RM Purchasers, Zima & Faizal --
Ivan was prompt in replying to my endless queries & concerns. He was very attentive to details and he knows my exact 'taste' during the process of house hunting. I would say that my requirement in getting a flat is quite high because i was looking for a flat located near my parent's as well as the MRT station. It impressed me that he could read my mind well which makes the whole transaction alot easier. I also love the fact that he is calm, not pushy & always ensuring me that there are still sufficient time to look out for other available houses. We are so thankful beyond words for his understanding and patience thoroughout the whole process. We managed to sell our BTO with extension & secure a 5 room flat without COV, located near my parent's and a 3 to 5 mins walk to the MRT station. Thank you Ivan for all your effort & for the smooth sailing transaction!
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