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Asked by Yin Wendy 18 Feb 2011

I have two private properties, one was bought in Apr 2009 and another the Option to Purchase was signed on May 10. With few rounds of cooling measures by Govt, I have lost track of what kind of selling tax and other discentives I need to consider should I decide to sell my properties now.

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Geryl Lim · Answer 1 · 2011-02-18T14:55:29+08:00

Geryl Lim

Replied 18 Feb 2011

Hi Wendy,

To have a better understanding of the measures, you may refer to IRAS website for details. To sum up the measures, if your 2nd property's completed before 30 Aug 2010, SSD involved will be the same as the buyer's stamp duty. Rates can also be found on IRAS website.

If you require further assistance especially in selling or purchasing, feel free to contact me through my mobile at +65-81577565 .

Thank you and hope you hav a great weekend ahead.

Regards,
Geryl LIM
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