SSD-Industrial

SSD-Industrial

On 11 Jan 2013, the Government announced that a seller's stamp duty (SSD) will be imposed on industrial properties (hereinafter known as "industrial SSD") which are bought or acquired on and after 12 Jan 2013 and sold or disposed of within three years. The amount of SSD payable shall be computed based on the following rates :

  • Holding period of 1 year : 15% of price or market value, whichever is higher
  • Holding period of 2 years : 10% of price or market value, whichever is higher
  • Holding period of 3 years : 5% of price or market value, whichever is higher

Industrial properties acquired before 12 Jan 2013 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