Asked by Anonymous
How to avoid ABSD? Upgrade from an HDB flat to EC
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5 Answers
Good morning Sir/ Mdm,
you dont need to pay absd if you are buying a new EC cause you need to sign an undertaking letter to dispose your HDB within 6 months from TOP.
If you are buying a resale EC, your sale OTP must be exercised before you exercise your purchase so you dont have to pay absd. It's how you time your transactions concurrently.
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
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Email: yt.tan91115171@gmail.com
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you dont need to pay absd if you are buying a new EC cause you need to sign an undertaking letter to dispose your HDB within 6 months from TOP.
If you are buying a resale EC, your sale OTP must be exercised before you exercise your purchase so you dont have to pay absd. It's how you time your transactions concurrently.
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:
Mobile: 91115171
Email: yt.tan91115171@gmail.com
Do follow me on:
IG: instagram.com/propertykaki
FB: https://www.fb.com/propertykaki/
YouTube: https://bit.ly/Youtube_PropertyKaki
To find out what’s the estimated valuation of your existing house, try our SRX property tracker.
You will receive free sms update on a monthly basis.SRX property tracker: http://bit.ly/yt_proptrack Read More
Hi,
1) There are no ABSD charges when upgrading from an HDB flat to a new EC.
2) But if you are referring to an EC that had met MOP, then it is important for you to receive an exercised OTP before making your offer.
Hope the above answer your main concerns, but if there are more query, please feel free to contact me at 90110636 , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.
Best regards
Ling CK
90110636
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer
Note:
Any response to our answer does not reach us until we scroll through each and every query posted daily.
The best way to get a follow-up is to Whatsapp or email us directly. Read More
1) There are no ABSD charges when upgrading from an HDB flat to a new EC.
2) But if you are referring to an EC that had met MOP, then it is important for you to receive an exercised OTP before making your offer.
Hope the above answer your main concerns, but if there are more query, please feel free to contact me at 90110636 , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.
Best regards
Ling CK
90110636
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer
Note:
Any response to our answer does not reach us until we scroll through each and every query posted daily.
The best way to get a follow-up is to Whatsapp or email us directly. Read More
Hi,
ABSD is unavoidable, and it's an offence to evade tax.
Having said that, if you're Singaporean upgrading to a brand new EC, there's no ABSD payable.
If you're looking to purchase a resale EC, you will need to plan the Timeline of your HDB sale and condo purchase, so that you will not incur the ABSD.
I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans. Please get in touch with me for a more in-depth discussion.
Should you need require further assistance in matters relating to property, please contact me at my mobile 9748 6305 . I will be happy to assess and share with you the possibilities for you in the current market.
Thank you.
Best regards,
Robbie Chen
9748 6305
PropNex Realty Read More
ABSD is unavoidable, and it's an offence to evade tax.
Having said that, if you're Singaporean upgrading to a brand new EC, there's no ABSD payable.
If you're looking to purchase a resale EC, you will need to plan the Timeline of your HDB sale and condo purchase, so that you will not incur the ABSD.
I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans. Please get in touch with me for a more in-depth discussion.
Should you need require further assistance in matters relating to property, please contact me at my mobile 9748 6305 . I will be happy to assess and share with you the possibilities for you in the current market.
Thank you.
Best regards,
Robbie Chen
9748 6305
PropNex Realty Read More
Hi,
Are you referring to NEW or Resale EC?
Feel free to contact me @ 97100155
I would be glad to assist you.
Pei @ERA
Senior Marketing Director Read More
Are you referring to NEW or Resale EC?
Feel free to contact me @ 97100155
I would be glad to assist you.
Pei @ERA
Senior Marketing Director Read More
Hello
How to avoid ABSD? Upgrade from an HDB flat to EC
Can I upgrade from HDB to EC?
Do you need to pay Absd for EC?
How can I avoid Absd legally?
How much does it cost to upgrade from HDB to EC?
================================
Here is the answer:
How to avoid ABSD? Upgrade from an HDB flat to EC
https://wa.me/p/4844511972292611/6583004411
copy, paste this link into your browser
=================================
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How to avoid ABSD? Upgrade from an HDB flat to EC
Can I upgrade from HDB to EC?
Do you need to pay Absd for EC?
How can I avoid Absd legally?
How much does it cost to upgrade from HDB to EC?
================================
Here is the answer:
How to avoid ABSD? Upgrade from an HDB flat to EC
https://wa.me/p/4844511972292611/6583004411
copy, paste this link into your browser
=================================
Check the above link, not only you will find the answer,
but also other relevant questions that people already asked.
Get 1000+ Practical tips for property buyers and sellers
>>> https://wa.me/c/6583004411
Get all these at no cost to you and more...
Below Market Value Properties Deals - ALERT
Auction and Private Treaty, Fire Sale - LIST
Your Home Indicative Valuation - REPORT
Latest Property News, Trends, Market Outlook - REPORT
Financing and Marketing Analysis Reports - PROPOSAL
Legal and Tax Planning - RESOURCES
Compare Freehold Vs Leasehold properties - CHART
Compare New launch Vs Resale properties - CHART
Loan, Tax, CPF, Property financing - CALCULATORS
Rental yield, capital gain, EnBloc potential - CALCULATORS
For the buyer, get value buy property - LIST
For the seller, let my ready buyer view your property - VIEW
For the investor, get the list of below market value properties - DEALS
For tenants and landlords find faster and better deals - RENTAL
Buying and/or selling a property?
I can help you to avoid costly mistakes, save effort, time and money.
Get an actionable plan/proposal at no cost to you.
Let's get started now; for an instant response just hit this
>>> https://wa.me/6583004411
Have Questions? Need Help? Live Chat with Mani
>>> https://api.whatsapp.com/message/7BWGHHOOKHASI1
Connect and read 1000+ practical tips for property buyer and seller
>>> https://www.facebook.com/Mani.Subramanian.Veeramani
Like and share 1000+ real estate articles
>>> https://www.facebook.com/AskRealtorMani
Subscribe and watch 250+ video tips for buying/selling/investing in property
>>> https://www.youtube.com/channel/UCGScSNTnzcmQQLEymgxj-uA
#AskRealtorMani @AskRealtorMani @83004411 Read More
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