As Stamp Duty is payable within 14 days from the date of purchase, you will need to:

1. Pay Additional Buyer's Stamp Duty (ABSD) in cash first.

   
   

2. 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.

For foreigners purchasing a property in Singapore, ABSD at the applicable rate will be payable.

Under the Free Trade Agreement ABSD Remission, as a US Citizen, you will receive the same Stamp Duty treatment as Singapore Citizens.

If this purchase is your first residential property, you will not incur ABSD.

As HDB’s rules require buyers to dispose of their private properties within 6 months of the resale flat purchase, ABSD remission will be given upfront to purchasers of HDB flats. Hence you would not need to pay ABSD when you purchase the flat.

For purchases involving multiple buyers with different profiles, the higher applicable ABSD rate will be used.

As your spouse is a US Citizen, he will be eligible for the same Stamp Duty treatment as Singapore Citizens under the Free Trade Agreement ABSD Remission.

Given that this joint purchase will be your second residential property and you own an HDB, ABSD at the applicable rate will be imposed on the higher of the purchase price or market value.

ABSD is determined based on the buyer's profile and the number of residential properties owned at the time of purchase.

Since the terrace house will be your second residential property, you will need to pay ABSD at the applicable rate.

However, if you sell your apartment within 6 months from the date of TOP/CSC (whichever is earlier) of the terrace house, you might be eligible for an ABSD refund under the ABSD Remission for a Married Couple.

ABSD is determined based on the buyer's profile and the number of residential properties owned at the time of purchase.

As a Singapore Citizen, if you have already signed the contract to sell your current private apartment before accepting the Option to Purchase for the terrace house, you will not need to pay ABSD.

However, if you have not signed the contract for the sale of your private apartment prior to accepting the Option to Purchase for the terrace house, your purchase of the terrace house will be considered your second residential property. In this case, you will be required to pay ABSD at the applicable rate.

The ABSD of 17% is payable as the terrace house will be your second property. However, if you dispose of your apartment within 6 months from the date of TOP/CSC (whichever is earlier) of the terrace house, you may be eligible for the refund of ABSD.

As you are a Singapore citizen and currently own just one residential property, there will not be any ABSD payable when you acquire additional ownership in the same property from your co-owner, your mother.

However, please take note that BSD will still apply to the acquisition of your mother’s 80% share of the property.

Should you decide to purchase another private flat after acquiring your mother's share, the purchase of the private flat will be your second property and you will be subject to ABSD at the applicable rate.

A married couple with at least one Singapore Citizen spouse, jointly purchasing a residential property and both the spouses do not own any residential property at the time of purchase, may be eligible for upfront ABSD remission; refer to ABSD Remission for a Married Couple.

For purchases involving two or more buyers with different profiles, the higher applicable ABSD rate will apply.

Since your spouse is a Singapore Permanent Resident and the joint purchase of the new house is your second residential property, you will be required to pay ABSD at the applicable rate on the higher of the purchase price or market value.

In the event that you sell/dispose of your private apartment within 6 months from the date of purchasing the new house, you might qualify for an ABSD refund under the ABSD Remission for a Married Couple.