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I like to sell my current freehold private property. Is there a minimum holding period before I can sell it? I recalled there was some recent news about not being able to sell a private property within 4 years of the purchase date.
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3 Answers

Hi jls,

1)Properties that were bought before 20th February 2010 will not be affected by Seller's Stamp Duty (SSD).

2)Properties that were bought between 20th February 2010 to 29th August 2010 will be affected by a 1-year holding period of 3% SSD.

3) Properties that were bought between 30th August till 13th of January 2011 will be affected by 3-years holding period of SSD.
- 3% for the 1st year of sale
- 2% for the 2nd year of sale
- 1% for the 3rd year of sale

4) Properties that were bought on 14th January 2011 onwards will be affected by this latest SSD.
- 16% on the 1st year of sale
- 12% on the 2nd year of sale
- 8% on the 3rd year of sale
- 4% on the 4th year of sale

Please do not hesitate to call me if you need help.

Cheers,
William Koh
 9027 1972 
willkck@gmail.com
www.GuruSg.com
williamkoh.st701property.com
www.ArcAtTampinesEC.com
ERA Read More
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Hi,

There isn't any minimum holding period for private property. However, you may have to pay the seller stamp duty which can be determined based on the purchase date of your property.

You could email me the purchase date of your property at jeron.lee@jllassoc.com and I will be able to advise you if seller stamp duty is applicable and if yes, how much would that be.

Best regards,
Jeron Lee
Jones Lang LaSalle Residential
Mobile/WhatsApp: 90015060 
Email: jeron.lee@jllassoc.com Read More
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Hi,

Regard to your question. Why not you just drop me an email at ot1984pierre@gmail.com or Contact me @ +65 8 2 7 9 8 3 2 7

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Shalom

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