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I had not need to pay ABSD of 3% for SG citizen 3rd time buyer B4 the announcement. But if I sell off this 3rd pte EC to upgrade, will I then have to pay ABSD for future purchases?How about if I were to buy overseas pte properties then?
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2 Answers

YT Tan (陈永达)
Replied
Afternoon ZYL,

In regards to the third property purchase by a Singaporean Citizen, the purchaser will be subject to additional buyer's stamp duty of 3%. So yes, in your case, you will be if you sell and buy in Singapore.

If it's overseas property, you have to check the rulings governing the overseas property market in that country.

Feel free to contact me if you need assistance in your property needs.

Warmest Regards,
YT TAN
ECG Property Pte Ltd
Mobile: (+65) 9111 5171 
Email: yt.lovelyhomes@gmail.com
Website: www.yttan.com/ Read More
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Catherine PANG
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spread you risk. good strategy.
you can buy brand new retail shop at less than $200k with guaranteed rental returns. call to discuss.
www.catherinepang.com Read More
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