The Singapore government has reduced the rates of Seller Stamp Duty on residential properties and introduced an Additional Conveyance Duty for property-holding entities.

Reduction of Seller Stamp Duty

Effective 11 March 2017, the rates of Seller Stamp Duty on the sale of residential properties are as follows:

• 12% if held for up to one year (previously 16%)
• 8% if held up to two years (previ…