Yes, there will be stamp duty involved for all transfer of shares.
The amount of stamp duties is dependent on the share amount being transferred, the Citizenship status, and the number of properties currently held.
Lastly, apart from Buyer Stamp Duty (and ABSD), Seller Stamp Duty may be applicable as well if the property is purchased less than 3 years ago.
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.
Robbie Chen 9748 6305