Asked by Anonymous
Hi , would like to know do i pay stamp duty before or after down payment ?
135 views
4 Answers
Good morning Sir/ Mdm,
For private transaction:
you need to pay stamp duty within 2 weeks from exercise of OTP or S&P. This is after 5% cash downpayment and before balance 20% downpayment (cash or cpf) on completion date.
For HDB transaction:
you need to pay stamp duty within 2 weeks from resale application approval. This is before balance downpayment (cash or cpf) on completion date.
Hope my sharing helps in aiding in your enquiry. May I know how can I value add further in your property needs?
Best regards,
YT Tan
Property Kaki
You dream. I create. We make it happen!
Association of Chartered Certified Accountants Graduate
Singapore Accredited Mortgage Planner
Contact:
Mobile: 91115171
Email: yt.tan91115171@gmail.com
Do follow me on:
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To find out what’s the estimated valuation of your existing house, try our SRX property tracker.
You will receive free sms update on a monthly basis.SRX property tracker: http://bit.ly/yt_proptrack Read More
For private transaction:
you need to pay stamp duty within 2 weeks from exercise of OTP or S&P. This is after 5% cash downpayment and before balance 20% downpayment (cash or cpf) on completion date.
For HDB transaction:
you need to pay stamp duty within 2 weeks from resale application approval. This is before balance downpayment (cash or cpf) on completion date.
Hope my sharing helps in aiding in your enquiry. May I know how can I value add further in your property needs?
Best regards,
YT Tan
Property Kaki
You dream. I create. We make it happen!
Association of Chartered Certified Accountants Graduate
Singapore Accredited Mortgage Planner
Contact:
Mobile: 91115171
Email: yt.tan91115171@gmail.com
Do follow me on:
IG: instagram.com/propertykaki
FB: https://www.fb.com/propertykaki/
YouTube: https://bit.ly/Youtube_PropertyKaki
To find out what’s the estimated valuation of your existing house, try our SRX property tracker.
You will receive free sms update on a monthly basis.SRX property tracker: http://bit.ly/yt_proptrack Read More
Hi,
It would be after the down payment.
Regards
Aaron
9730 8455
aaronchong2774@yahoo.com.sg Read More
It would be after the down payment.
Regards
Aaron
9730 8455
aaronchong2774@yahoo.com.sg Read More
Hi,
1) Regardless of private or HDB flat purchase, stamp duty will only be paid after placing a down payment.
2) The exact payment of stamp duty for private residential purchase is within 14 days upon exercising the OTP.
3) The payment for stamp duty for HDB flat is within 14 days upon approval from the HDB.
Hope the above answer your main concerns, but if there are more query, please feel free to contact me at 90110636 , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.
Best regards
Ling CK
90110636
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer
Note:
Any response to our answer does not reach us until we scroll through each and every query posted daily.
The best way to get a follow-up is to Whatsapp or email us directly. Read More
1) Regardless of private or HDB flat purchase, stamp duty will only be paid after placing a down payment.
2) The exact payment of stamp duty for private residential purchase is within 14 days upon exercising the OTP.
3) The payment for stamp duty for HDB flat is within 14 days upon approval from the HDB.
Hope the above answer your main concerns, but if there are more query, please feel free to contact me at 90110636 , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.
Best regards
Ling CK
90110636
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer
Note:
Any response to our answer does not reach us until we scroll through each and every query posted daily.
The best way to get a follow-up is to Whatsapp or email us directly. Read More
1
Hi,
Stamp duty is to be paid within 14 days of exercising of OTP. This means that it is paid after the deposit, and not necessary downpayment. Downpayment for most purchases is only paid nearing the legal completion.
I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans. Please get in touch with me for a more in-depth discussion.
Should you need require further assistance in matters relating to property, please contact me at my mobile 9748 6305 . I will be happy to assess and share with you the possibilities for you in the current market.
Thank you.
Best regards,
Robbie Chen
9748 6305
PropNex Realty Read More
Stamp duty is to be paid within 14 days of exercising of OTP. This means that it is paid after the deposit, and not necessary downpayment. Downpayment for most purchases is only paid nearing the legal completion.
I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans. Please get in touch with me for a more in-depth discussion.
Should you need require further assistance in matters relating to property, please contact me at my mobile 9748 6305 . I will be happy to assess and share with you the possibilities for you in the current market.
Thank you.
Best regards,
Robbie Chen
9748 6305
PropNex Realty Read More