6 questions
Seller's Stamp Duty
When do I need to pay SSD and can the payment be deferred?
My wife and I purchased a private residential property on 1 Oct 2005. On 10 Mar 2022, my wife transferred her half share of the property to me by way of gift. As a result, I became the sole owner of the property. I sold the property on 1 Sep 2022. As I have been an owner and occupant of the property since 1 Oct 2005, do I need to pay SSD on the sale?
I purchased (i.e. signed the Agreement for Lease) a replacement flat under the Selective En-bloc Redevelopment Singapore Citizenheme (SERS) on 1 Feb 2021. On 1 Sep 2023, HDB confirmed that I have fulfilled the Minimum Occupation Period (MOP) of 7 years for the replacement flat and granted approval for me to sell the replacement flat. I sold my replacement flat on 1 Oct 2023. Will the sale be subject to Seller's Stamp Duty (SSD)?
I was not adjudged a bankrupt when I sold my private residential property. However, I was adjudged a bankrupt shortly after I sold my property. Can I qualify for Seller's Stamp Duty (SSD) exemption and seek a refund of the SSD paid on the sale?
I am disposing of an HDB shop with living quarters within the holding period. Do I need to pay SSD?
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