Government raises seller stamp duties on residential properties to curb rise in ‘flipping'
These changes will take effect for all residential properties purchased on and after Jul 4, 2025, 12.00am, the Ministry of National Development, Ministry of Finance and Monetary Authority of Singapore said in a statement late Thursday (Jul 3) night.
The authorities said: 'The revised SSD will not affect HDB owners due to the Minimum Occupation Period for HDB flats.'
'In recent years, the number of private residential property transactions with short holding periods has increased sharply. In particular, there has been a significant increase in the sub-sale of units that have not been completed.'
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