Seller's Stamp Duty For Selling Private Residential Property in Singapore
Seller's Stamp Duty (SSD) is tax paid on documents signed when you sell or dispose of residential property in Singapore.
Good news for the sellers of residential properties! Starting from 11 March 2017, the SSD rate will be relaxed:
- For holding periods for up to a year, the government had lowered the SSD rate to 12% from the16%.
- For holding periods between one year and up to two years, the SSD rate will be 8% instead of 12%.
- For holding periods of more than two years and up to three years, the SSD rate will be at 4% instead of 8%.
- No SSD will be payable for holding periods of more than three years.
|Residential Property Sold In||Seller's Stamp Duty (SSD) %|