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Condo Questions

Asked by Anonymous 19 Jan 2012

Hi agents, currently how many years do i need to hold n sell for condos without having to.pay stamp.fees etc. What r the.cost involve when selling? Tks.

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Mike Lim · Answer 1 · 2012-01-19T17:25:38+08:00

Mike Lim

Replied 19 Jan 2012

Afternoon,

The Seller's Stamp Duty for private property is applicable if you sell it off within 4 years from purchase. Namely 16%, 12%, 8% to 4%. If you sell on the 5th year onwards, you are only required to pay legal fees and salesperson's commission, if you are engaging the services of one.

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Mike Lim
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