If my spouse and I, as co-owners of an HDB flat, purchase a resale condo before selling the HDB, is Additional Buyer's Stamp Duty (ABSD) payable and can we qualify for remission?

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Accepted Answer

Yes, ABSD is payable on the purchase of the resale condo. ABSD remission may be applicable to a married couple, which includes a Singapore Citizen, if the property is jointly purchased by the couple and all other remission conditions are met.

You may refer to Remission of ABSD for a Married Couple for more information on the remission conditions.

If my spouse and I, as co-owners of an HDB flat, purchase a resale condo before selling the HDB, is Additional Buyer's Stamp Duty (ABSD) payable and can we qualify for remission?

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