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Hi,

I am a PR and my wife is a SC. Both myself and my wife owns a condo under our own respective names. If I sell away my unit and buy back another larger unit under my name only (PR), can I declare it as matrimonial home to get ABSD remission?
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7 Answers

Hi,

Unfortunately no, as ABSD remission only applies for jointly owned matrimonial properties, for both your sale and purchase.
May I have more info and requirements about your plans so to make better recommendations? Thanks and look forward to value-add to your housing plans.

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YT Tan (陈永达)
Good afternoon buyer,

I am afraid to inform you that you are not applicable for ABSD remission for such transaction.

Do take note that to be eligible as matrimonial home, the property purchase must be first and only property for both of you in Singapore.

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Dear sir,

Matrimonial home simply means both husband and wife's name should be in the property, therefore ABSD remission does not kick in this case due to your wife's property. Your alternative will be for your wife to sell and purchase the larger property.

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Evening,

Being a matrimonial home, the unit must be registered either under both names or under one person as owner and the other as occupier. For your case where you are looking at getting the unit under your name only, the remission does not apply.

FYI
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More
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GAN ENG JOO ONASSIS
Dear Buyer,

Re: Today’s SG Professional Choice- SGAgent.com & SGRealtor.com

Under PR single name without a SC spouse, it is a must to pay for the additional buyer stamp duties of 5%.

I am contactable at 92222389  or onassis@sgagent.com / sgrealtor.com
In all Areas of Singapore. Sale/Buy/Lease/Rent, Please call and/or drop me an email me. I’m always at your Services.

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Robbie Chen Chee Howe
Hi Sir,

I regret to inform you that you are not eligible to claim ABSD remission, as this is not classified as your matrimonial home.

For matrimonial home, both you and your wife's name must be in the property, and that property should be yours and your wife's one and only property.

Hope the above clarifies. Do contact me at my mobile 9748 6305  should you have any other queries. I will be happy to assist with your housing plans.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More
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Radhika Prakash
Dear Sir/Ma’am:

We will be glad to assist you. Kindly write to us on realproperty63@yahoo.com.sg or call us on 93380071  .

Kind Regards,
Radhika Prakash
Edmund Tie and Company
 93380071  Read More
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