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 SSD rate will be lowered to 12% from the current 16%.
- For holding periods between one year and up to two years, the SSD rate will be lowered to 8% from the current 12%.
- For holding periods more than two years and up to three years, the SSD rate will be lowered to 4% from the current 8%.
- No SSD will be payable for holding periods more than three years.
|Residential Property Sold In||Seller's Stamp Duty (SSD) %|