Remission of ABSD for a Married Couple

A married couple may be eligible for ABSD remission on the purchase of a residential property if the remission conditions are met.

A. Joint Purchase by a Married Couple that Does Not Own Any Residential Property

ABSD remission (by way of a lower ABSD rate or full remission) may be applicable to a married couple who purchase a residential property jointly. The couple includes a Singapore Citizen (SC) spouse or a Singapore Permanent Resident (SPR) spouse under certain scenarios denoted with “#” in Table 2, Table 3 and Table 4 of ABSD Rates for Joint Purchases made by Married Couples and ABSD Refund for Purchase of Second Residential Property.

Both BSD and ABSD are payable upon stamping. However, if you meet eligibility conditions, you can apply for this ABSD remission instead of making ABSD payment.

How to Apply

Your legal representative can e-Stamp via the e-Stamping Portal to obtain the remission certificate.

B. Joint Purchase of Second Residential Property by a Married Couple

ABSD remission may be applicable to a married couple who purchases a second residential property jointly, if the remission conditions are met. The couple must include a Singapore Citizen and the property must be purchased under both names of the couple. The conditions are as follows:

  1. The married couple did not own interest in more than one residential property at the date of purchase of the second residential property.
    1. ABSD has been paid on the second residential property.
    2. The first residential property (co-owned or separately owned) is sold within 6 months after
      • the date of purchase1 of the second property for completed property or
      • the issue date of the Temporary Occupation Permit (TOP) / Certificate of Statutory Compliance (CSC), whichever is earlier, if the property was uncompleted at the time of purchase
    3. The married couple remains married and there is no change of ownership in the second residential property at the time of sale of the first residential property.
    4. The married couple has not purchased or acquired any other residential property since the purchase of the second residential property.
    5. The application for refund of ABSD is made within 6 months after the date of sale2 of the first residential property. 

    For the eligibility criteria, please see the last column of Table 1, Table 2 and Table 3 of ABSD Rates for Joint Purchases made by Married Couples and ABSD Refund for Purchase of Second Residential Property.

    How to Apply

    You can apply for the remission via the e-Stamping Portal > "Request" > "Apply for Refund". You will have to login with your SingPass or Registered Account.

     

     

     

    1 Date of Purchase / Acquisition refers to:
    a) Date of Acceptance of the Option to Purchase or
    b) Date of Sale and Purchase Agreement or
    c) Date of Transfer where (a) and (b) are not available nor applicable

    2 Date of Sale / Disposal refers to:
    a) Date of Acceptance of the Option to Purchase by the buyer or
    b) Date of Sale and Purchase Agreement signed by the buyer or
    c) Date of Transfer where (a) and (b) are not available nor applicable

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