"Married couples with at least one SC spouse, who jointly purchase a second residential property, can continue to apply for a refund of ABSD, as long as they sell their first residential property within 6 months after (a) the date of purchase of the second residential property, or (b) the issue date of the Temporary Occupation Permit (TOP) or Certificate of Statutory Completion (CSC) of the second residential property, whichever is earlier (if the property was uncompleted at the time of purchase)."
Can I consider above statement include own 2 hdb? Example move to a new BTO flat first while old hdb flat cannot be sell due to lease or other issue.
Not true. If you currently own a HDB and you got your BTO, you are still need to PAY ABSD. If you manage ti dispose off your old HDB within 6 months, you can ask for refund.
HDB resale may kenna the brunt upon this announcement.. Upgrader to condo may dispose off their HDB instead of holding on 2 properties....
Now for upgrader, the realistic plan is to sell first, then maybe rent a place and then buy later.
Contra is very risky.
Now for upgrader, the realistic plan is to sell first, then maybe rent a place and then buy later.
Contra is very risky.
The amount of HDB flipping is crazy
sell with extension option and buy a resale and reno swee swee to move in without needing to rent a place or pay ABSD.
renting a place is like throwing your proceeds into the drain not forgetting now more cash involved after new measures, and have to shift twice, shifting is no joke if many stuffs.