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Hi, may i ask when is a private property considered sold? at exercise of OTP or on handover of keys etc? Reason is because my buyer exercised the option prior to the announcement of new stamp duty within 3 years, hence would like to know whether i will be affected? Thanks!
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4 Answers

Lee Chun Peng Adnic
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Lee Chun Peng Adnic
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J.A. Goh 吴永益
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Hi SK,

Your property is considered sold when the buyer exercised the OTP at his lawyer's office.

You should not be affected by the 3 yrs ruling because this new policy will effect from 30 Aug 2010. If you have bought that property before 21 Feb 2010, you will also not be affected by the 1-yr stamp duty policy.

Please feel free to drop me an email or call me directly for further discussion.

Thanks & Best Regards
J.A.Goh - ERA
HP: 9639 0350 
www.gohjaERA.myweb.sg
Email: gohja@singnet.com.sg Read More
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Landon Chew
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Hi, hopefully you managed to get your doubt or query answered. If, so then congrats! Hopefully you are doing well now.

If you are currently or planning to find a property agent, I can assist.

If you are interested in prices of houses in your neighbourhood, you may visit this website to find out more or contact me .

https://www.era.com.sg/R064892F

If you are currently planning to go on a property journey selling/buying/renting/investing, I can be of assistance. Do feel free to reach out to me for more queries and assistance.

Landon Chew
97 39 60 40
landonchew@email.com Read More
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