Own Multiple properties | Avoiding Additional Buyer Stamp Duty (ABSD) | Interested to Decouple?
When you’re buying a hdb flat, you need to understand the difference between a family nucleus and ownership structure.
To be eligible to apply for hdb flat, you need to fulfill/ form a family nucleus (not referring to Singles flat application scheme). For example, a husband and wife is a family nucleus.
However in terms of ownership structure, it is different. It’s about who owns the house and who is the key occupier. So, in the same example, the husband could be an owner and the wife can be a key occupier.
Only the husband owns the place. This allows the wife to go and buy a second property with no ABSD after the Minimum Occupancy Period (MOP).
Not sure how long is your MOP? We can check it out for you, or you can read more from HDB page.
Buyer's Stamp Duty (BSD) | Seller's Stamp Duty (SSD)
Call me @ 9119 3304 to discuss further (Whatsapp)
”Anne is very professional. She shared with us her insights of the property market prior to our engagement. She is also not the pushy type, that just want to conclude the transaction. We are very satisfied to have engaged her, and will definitely engage her again if I need to sell/buy a property.
Jessica (Seller)10 Jan 2022
