New Seller’s Stamp Duty Regime as at 4 July 2025

In the closing hours of 3 July 2025, the Ministry of National Development, Ministry of Finance and Monetary Authority of Singapore announced that by midnight of the following day, a new seller’s stamp duty (“SSD”) regime would be put in place (“the media release”). This comes after 8 years of the previous regime, in which the SSD holding period was pegged at three years, with rates of between 4 per cent and 12 per cent.

Under the new SSD regime, implemented as of 4 July 2025, the SSD holding period is raised to four years, and the SSD rates increased by 4 percentage points for each tier of the holding period. For sellers of private properties with more than four years after the date of purchase, no SSD shall be payable.