Let’s proceed with the third strategy to keep away from paying ABSD. Purchase a brand new launch EC. With the intention to be eligible, there’s a complete record of standards to be fulfilled and likewise primarily for HDB upgraders and 1st timer shopping for backed housing.
In case you are eligible and want to improve from a HDB, and unable/dont want to fork out the massive sum of ABSD up entrance, or do not want to promote the present HDB first , then EC could possibly be the most suitable choice for you. The federal government don’t want you to pay for ABSD upfront as legally it is not potential to carry on to greater than 1 backed housing. The HDB flat needs to be disposed inside 6 months of TOP of latest EC.
There you go, if you’re home looking for the following property and you’re eligible for an
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