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Afternoon LP,

If your HDB unit have being sold, ABSD is not payable as it's calculated based on the number of property you have at hand, in Singapore. However, the loan might be an issue as it's based on the loan and debt ratio.

Do feel free to contact me if you require further assistance.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More

Hi LP,

There wont be any ABSD in your case ultimately.

Why?

There will be two scenarios.

First, if you sell first before condo purchase under both names. No ABSD as government will regards the condo as your matrimonial house even tho your husband is a SPR.

But if you choose to purchase a condo first before selling your HDB. You will be subject to ABSD but it will be refunded if your HDB is sold within 6 months from condo purchase completion.

Hope it helps!

Cheers!

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
Senior District Manager
R043025D
ECG Property Pte Ltd
(A Wholly Owned Subsidiary of ECG Group of Companies)
Estate Agent no. L3009759F
Blk 190 Lorong 6 Toa Payoh #05-508 S (310190)

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