Aug 12, 2018

LATEST!! How does the New Cooling Measure (Rates on or After 6 July 2018) affect you as a buyer/seller?


How does the New Cooling Measure (Rates on or After 6  July 2018) affect you as a buyer/seller?
1)  Residential Property:  Seller Stamp Duty (SSD) (on or after 11032017)
  • Up to 1 year : 12% of price or market valuation, whichever is higher
  • More than 1 year and up to 2 years: 8% of price or market valuation, whichever is higher
  • More than 2 years and up to 3 years: 4% of price or market valuation, whichever is higher
  • More than 3 years: NO SSD payable

2) Buyer Stamp Duty(BSD)


3) Residential Property: Additional Buyer Stamp Duty (ABSD)



 Whether owned wholly, partially or jointly with others.2  An Entity means a person who is not an individual. It includes the following:
  • An unincorporated association,
  • A trustee for a collective investment scheme when acting in that capacity,
  • A trustee-manager for a business trust when acting in that capacity
  • The partners of the partnership whether or not any of them is an individual, where the property conveyed, transferred or assigned is to be held as partnership property.


  • 3 As entities, developers will also be subject to the ABSD rate of 25% for entities. Developers may apply for remission of this 25% ABSD, subject to conditions. 

  • Housing Developers refer to entities in the business of housing development (i.e. construction and sale of housing units) with respect to the subject property acquired. 5 This 5% ABSD for Housing Developers is in addition to the 25% ABSD for all entities. This 5% will not be remitted, and is to be paid upfront upon purchase of residential property. ABSD is to be rounded down to the nearest dollar.
    4) Loan to Value (LTV)


    Should you have any question, do feel free to 

    Call | SMS | Whatapp
    Den Ng
    Housing Matters
    9176 7970