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Singapore: Increased stamp taxes (duties) for residential real estate transactions

Singapore: Stamp taxes for residential real estate

Changes to the stamp tax (duty) on residential real property in Singapore were effective 6 July 2018.


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There is an increase to the rates of the “additional buyer’s stamp duty” and an increase in the rate of “additional conveyance duty for buyers.” The loan-to-value limits on residential property purchases are also adjusted. In general, the provisions are intended to serve as “cooling measures” with respect to the residential real estate market in Singapore. 


Read a July 2018 report [PDF 543 KB] prepared by the KPMG member firm in Singapore

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