Are Singapore Permanent Residents (SPRs) liable for ABSD of 30% when buying a resale HDB flat before selling their current property?

Updated by IRAS 4mo ago

For the acquisition of an HDB flat by SPRs, partial ABSD remission may be granted such that a lower ABSD rate of 5% is payable under the Acquisition of HDB Flats and new Executive Condominium (EC) Units Remission. Remission is granted automatically upon approval of the acquisition by HDB.

Topics:

Stamp Duty Additional Buyer's Stamp Duty (ABSD)

Related questions

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)?

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)?

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?

Will Additional Buyer's Stamp Duty (ABSD) apply when a Singaporean and a Singapore Permanent Resident (SPR) jointly purchase their first HDB flat?

Updated 8mo ago

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