If my spouse and I dispose of our jointly owned residential property and subsequently purchase one residential property each under our respective names, will Additional Buyer's Stamp Duty (ABSD) be payable?

Question

Accepted Answer

ABSD will not be payable on either property purchase, provided that both you and your spouse are Singapore Citizens and neither of you owns any other residential property at the time of purchase

If my spouse and I dispose of our jointly owned residential property and subsequently purchase one residential property each under our respective names, will Additional Buyer's Stamp Duty (ABSD) be payable?

Topics:

Related questions

I am a Singapore citizen planning to jointly purchase our first matrimonial home with my foreign spouse. As this is our first property, are we required to pay Additional Buyer's Stamp Duty (ABSD)?

If my spouse solely owns our matrimonial home, will the property be included in my property count for Additional Buyer's Stamp Duty (ABSD) purposes when I purchase a residential property in my sole name?

I am a Singapore Citizen who owns properties in overseas. If I purchase my first residential property in Singapore, is Additional Buyer's Stamp Duty (ABSD) payable?

If I, a Singapore Citizen, sell my HDB flat that is jointly owned with my husband, who is a Singapore Permanent Resident, and subsequently purchase a private residential property jointly with him, will Additional Buyer's Stamp Duty (ABSD) be payable?

Need more help?