SSD-Residential

On 13 January 2011, the Government announced the extension of the holding period for imposition of SSD on residential properties from 3 years to 4 years based on new rates. The new SSD rates will be imposed on residential properties which are acquired (or purchased) on or after 14 January 2011 and disposed of (or sold) within 4 years of acquisition, as follows :

  • Holding period of 1 year : 16% of price or market value, whichever is higher
  • Holding period of 2 years : 12% of price or market value, whichever is higher
  • Holding period of 3 years : 8% of price or market value, whichever is higher
  • Holding period of 4 years : 4% of price or market value, whichever is higher

Properties acquired before 20 Feb 2010 will not be subject to SSD.

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Florence Zheng 郑真
Branch Division Director/ERA TOP 50 Achievers for 3 yrs (Commission)
ERA REALTY NETWORK PTE LTD
fzheng77@yahoo.com
CEA Licence No.:
L3002382K / R026964Z
(+65) 9691 6868
(+65) 8121 6056