Asked by
I m a Singaporean and have a HDB flat fully paid for.
I'm looking around for a condo to live and rent out the HDB.
With the latest measure, if I buy a new condo, what's the stamp Duty (3% or 3+7%)
Thanks in advance for advice
0
1159 views
Want this question answered?
Get faster responses from our experts by upvoting.
Be the first to upvote this question.

4 Answers

Andrew Ho 何伟恒
Hi Richard

Stamp duty payable for the purchase of your next property will be 3% - $5400 + 7% of the purchase price.

Supposing you the purchase price of your next property is $800,000
Stamp duty:
Standard Buyer Stamp Duty = 3% of $800,00
= $18,600
Additional Buyer Stamp Duty (ABSD) = $56,000
Total Stamp Duty Payable = $18,600 + $56,000
= $74,600

Hope I've answered your question.
If in doubt, feel free to clarify with me with a call/sms @ 9238 0058 .

Cheers!
Andrew Ho
C:ERA Realty Pte Ltd
M:92380058
E:ho.andrew@me.com
R:R047219D Read More
0
Andrew Ho 何伟恒
Hi Richard

Apologies for the typo below. Pls refer to this :

Stamp duty payable for the purchase of your next property will be 3% - $5400 + 7% of the purchase price.

Suppose the purchase price of your next property is $800,000
Stamp duty:
Standard Buyer Stamp Duty = 3% of $800,000
= $24,000
$24,000 - $5,4000 = $18,600
Additional Buyer Stamp Duty (ABSD) = $56,000
Total Stamp Duty Payable = $18,600 + $56,000
= $74,600

Hope I've answered your question.
If in doubt, feel free to clarify with me with a call/sms @ 9238 0058 .

Cheers!
Andrew Ho
C:ERA Realty Pte Ltd
M:92380058
E:ho.andrew@me.com
R:R047219D Read More
0
YT Tan (陈永达)
Afternoon Richard,

It will be 7% ABSD plus (3% x purchase price) - $5400]

If you need assistance in your property purchase, I am just a call away.

Cheers!

Warmest Regards,
YT TAN
Senior District Manager
R043025D
(M): 9111 5171 
(E): yt.lovelyhomes@gmail.com
(W1): www.yttan.com
(W2): yttan.stproperty.com.sg/
ECG Property Pte Ltd Read More
0
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 - Whatsapp / Call / SMS

Why Should Sellers/Landlords engage me? Contact me @
8 2 7 9 8 3 2 7

Questions Like .. Review ...
Recommended
SIBOR / SOR – FLOAT RATE LOAN
Mortgage Calculations
Repayment Calculations
Difference Between HDB n Bank Loans
Home or renovation Loans
Property Tax
hdb resale checklist
Getting a BTO Flat
Getting a licensed contractor hdb
Tenancy Agreement For renting or rent out a house
home insurance coverage - HDB Fire Insurance
What is OTP ?

Thanks

Shalom

Blessings , Regards

Koh Z H - Agt
hp- 8 2 7 9 8 3 2 7
Cea Reg - License Number - R 0 5 7 8 1 0 C
Orangetee - L 3 0 0 9 2 5 0 K
AAG Team Agent

***Recruitment Agt Welcome

My propertyguru Commercialguru Site

Welcome owner/Landlord to list through us

Residential , Commercial , Industrial
Room Rental Welcomed too Read More
0

Still looking for answers?

Get answers from PropertyGuru experts in 24 hours

Previously Asked Questions