I am a Singapore Citizen and had purchased an HDB flat with my fiance/fiancee who is an SPR. Is Additional Buyer's Stamp Duty (ABSD) payable?
ABSD is fully remitted under the Acquisition of HDB Flats and new Executive Condominium (EC) Units Remission if any of the joint acquirers/purchasers is a Singapore Citizen.
1. Remission is granted automatically upon approval of the acquisition by HDB.
2. Remission is not applicable for Resale EC.
Therefore, ABSD is not payable for the joint purchase of your HDB flat.
Related questions
Will a Singapore Citizen purchasing an HDB flat jointly with a spouse who is either a Singapore Permanent Resident (SPR) or a Foreigner incur Additional Buyer's Stamp Duty (ABSD)?
Will Additional Buyer's Stamp Duty (ABSD) apply when a Singaporean and a Singapore Permanent Resident (SPR) jointly purchase their first HDB flat?
I am a single Singapore Citizen and currently own a condominium unit. If I buy a resale HDB flat, do I have to pay Additional Buyer's Stamp Duty (ABSD)?
For a married couple (a Singapore Citizen and a Singapore Permanent Resident) currently owning a 4-room HDB flat, will Additional Buyer's Stamp Duty (ABSD) be payable if they purchase a 5-room HDB flat in the near future?
Need more help?
Get in touch