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ABSD Remission

When can you get ABSD refund?

For married couple buying their matrimonial home, a refund is possible.

Buying your 1st home

If this is your 1st matrimonial home, then full ABSD remission is applicable if:

  • there is 1 Singapore Citizen (SC) spouse

To elaborate: If SC + SC, there is no ABSD in the first place. If SC + PR/FR, there is a 5%/60% ABSD, which has to be paid first but can be refunded later.

Buying your 2nd home

If you currently already has a home and is buying a 2nd one with an intention to sell the first, then you can apply for remission if:

  • there is 1 Singapore Citizen (SC) spouse
  • the first property is sold within 6 months
    • For resale, it is 6 months after date of purchase
    • For new launch, it is 6 months after TOP/CSC

How to apply?

ABSD will be automatically refunded to the purchasers within 6 weeks from the stamping of the sale of their first property (jointly or separately owned), without a need to submit the refund application.

You can also apply via the e-Stamping Portal > Request > Apply for Refund.