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Am I able to arrange for my Additional Buyer’s Stamp Duty (ABSD) to be deducted from my CPF account?
As Stamp Duty is payable within 14 days from the date of purchase, you will need to:
Pay Additional Buyer's Stamp Duty (ABSD) in cash first.
Subsequently obtain reimbursement from your CPF account.
Drawing upon CPF savings to pay Stamp Duty is under CPF's purview. For further clarification, please contact CPF Board.
Related questions
I am an owner of an HDB and have inherited a private property. Is Additional Buyer's Stamp Duty (ABSD) payable on the inherited property?
Will Additional Buyer’s Stamp Duty (ABSD) be payable if an individual or a company inherits a residential property (HDB or private), especially when the beneficiary already owns one or more residential properties?
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Do I need to pay stamp duty if I receive a property by way of gift?
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How can I pay the Buyer's Stamp Duty (BSD) using my CPF?
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