Sell-First vs Buy-First Decision Tool
HDB upgraders facing a private purchase: model both paths with cash flow, ABSD remission timing, bridging cost, and risk flags drawn from IRAS, MAS, and CPF Board rules.
- 1 Household
- 2 Current HDB
- 3 New home
- 4 Assumptions
Frequently Asked Questions
Should I sell my HDB first or buy the new private property first?
It depends on your cash buffer, ABSD exposure, and tolerance for moving twice. Buying first avoids forced sale pressure but normally triggers ABSD on the second purchase (with a possible remission for married couples who sell within 6 months of buying the new home). Selling first protects cash and avoids ABSD but creates timing risk. This tool runs both scenarios with your actual numbers.
How does ABSD remission work for HDB upgraders?
Married couples (at least one Singapore Citizen) who buy a second residential property may apply for ABSD remission if they sell their first residential property within 6 months of the date of purchase of the second property (resale) or of its TOP/CSC (new launch). The ABSD is paid upfront on the second purchase and refunded if the conditions are met within the deadline.
What is a bridging loan in Singapore and when is it needed?
A bridging loan is a short-term loan covering the gap between buying a new home and receiving sale proceeds from your old one. Banks typically charge 4-6% p.a. with 6-month tenures, secured against the expected sale price. It is used when buying first, to fund the downpayment before HDB sale proceeds and CPF refund arrive.
Is the ABSD I pay actually refundable?
Yes, ABSD remission is available to eligible married couples but the refund only happens if you sell your first property within the 6-month window after the date of purchase of the second property (resale) or its TOP/CSC (new launch). Miss the window and the ABSD becomes a permanent cost.