Asked by a***@yahoo.com.sg
Taxes and procedures seller need to know for shop house
71 views
2 Answers
Good morning Sir/ Mdm,
Are you referring to private shophouse?
The rules will be as per a resale landed purchase.
Timeline will be give 1% option fee to kickstart 2 weeks option period. Exercise with a valid LO if any along with 4% cash within 2 weeks. It will kickstart 3 months completion period.
Stamp duty will be payable 2 weeks from exercise date and balance payment need to be ready 1 week before completion.
Hope my sharing helps in aiding in your enquiry. May I know how can I value add further in your property needs?
Best regards,
YT Tan
Property Kaki
You dream. I create. We make it happen!
Association of Chartered Certified Accountants Graduate
Singapore Accredited Mortgage Planner
Contact:
Mobile: 91115171
Email: yt.tan91115171@gmail.com
Do follow me on:
IG: instagram.com/propertykaki
FB: https://www.fb.com/propertykaki/
YouTube: https://bit.ly/Youtube_PropertyKaki
To find out what’s the estimated valuation of your existing house, try our SRX property tracker.
You will receive free sms update on a monthly basis.SRX property tracker: http://bit.ly/yt_proptrack Read More
Are you referring to private shophouse?
The rules will be as per a resale landed purchase.
Timeline will be give 1% option fee to kickstart 2 weeks option period. Exercise with a valid LO if any along with 4% cash within 2 weeks. It will kickstart 3 months completion period.
Stamp duty will be payable 2 weeks from exercise date and balance payment need to be ready 1 week before completion.
Hope my sharing helps in aiding in your enquiry. May I know how can I value add further in your property needs?
Best regards,
YT Tan
Property Kaki
You dream. I create. We make it happen!
Association of Chartered Certified Accountants Graduate
Singapore Accredited Mortgage Planner
Contact:
Mobile: 91115171
Email: yt.tan91115171@gmail.com
Do follow me on:
IG: instagram.com/propertykaki
FB: https://www.fb.com/propertykaki/
YouTube: https://bit.ly/Youtube_PropertyKaki
To find out what’s the estimated valuation of your existing house, try our SRX property tracker.
You will receive free sms update on a monthly basis.SRX property tracker: http://bit.ly/yt_proptrack Read More
Hi,
I would be most glad to assist you further and please feel free to let me know if you need any assistance. Have a good day ahead. By the way, could I check is your loan fully paid? As for selling a shophouse property, there is no tax involve. But legal fee and agent commission would apply.
Regards
Aaron Chong
9730 8455
aaronchong2774@yahoo.com.sg Read More
I would be most glad to assist you further and please feel free to let me know if you need any assistance. Have a good day ahead. By the way, could I check is your loan fully paid? As for selling a shophouse property, there is no tax involve. But legal fee and agent commission would apply.
Regards
Aaron Chong
9730 8455
aaronchong2774@yahoo.com.sg Read More