Understanding Singapore’s Seller Stamp Duty and Residential Property Tax: What Every Homeowner Needs to Know
Singapore’s property market has unique taxes for sellers and homeowners. These include the Seller’s Stamp Duty and Residential Property Tax. The Seller’s Stamp Duty applies to those who sell their homes within three years of purchase. This tax aims to discourage short-term property speculation and can be up to 12% of the sale price. The rate […]