AskGuru Q&A Community

Question

Home Financing

Asked by Mr. suresh suraj 28 Feb 2015

If u bgt a new condo unit in Oct 2011 n sell it in Nov 2015, do I affected for the 4% seller's stamp duty? Nothing less than this mth?

392 views

Upvote Upvoted

3 Answers

Previously Asked Questions

Tricia Tan · Answer 1 · 2015-03-01T12:53:26+08:00

Tricia Tan

Replied 1 Mar 2015

Hi Suresh,it is based on your exercise date. If you sell it before Nov 2015, you will still be affected by ssd.
I would love to help you in the sale of your unit.
Feel free to reach me at 91442664 for a discussion.
Tricia Tan
www.triciatan.myweb.sg Read More

Upvote Upvoted

YT Tan (陈永达) · Answer 2 · 2015-03-01T18:49:01+08:00

YT Tan (陈永达)

Replied 1 Mar 2015

Good evening Suresh,

The duration of ownership will starts when you exercise the sale and purchase agreement. You might want to check by yourself if not the law firm that handles your purchase. If you sell it any date 4 years from your exercise date then you won't be subject to SSd.

Hope my explanation helps!

If you need any assistance or advice in your property sale, feel free to contact me.

YT Tan
9111 5171
yt.lovelyhomes@gmail.com
www.yttan.com Read More

Upvote Upvoted

Ivan Ng · Answer 3 · 2015-03-03T14:38:33+08:00

Ivan Ng

Replied 3 Mar 2015

Hi,

The duration is counted from the date you exercise your S&P to the date your buyer (for your current property) exercises his OTP. If this duration exceeds 4 years, there is no SSD liable. Thanks and may I assist with the sale of your property?

Warm regards,
Ivan ERA
97432395
ivanng10@gmail.com
www.ivanng10.com Read More

Upvote Upvoted

AskGuru Q&A Community

3 Answers

Still looking for answers?

Get answers from PropertyGuru experts in 24 hours

AskGuru Q&A Community

Want this question answered?

3 Answers

Still looking for answers?

Get answers from PropertyGuru experts in 24 hours