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Sellers of HDB flats may arrange with the buyers for a temporary extension of stay in the flat for up to 3 months after the resale completion. During the extension of stay, is the seller or buyer responsible to pay the property tax?
iras
Once the flat is transferred to the buyer, the buyer is responsible to pay any outstanding property tax. The extension of stay is a private arrangement between the seller and the buyer, and the parties may wish to liaise separately on payment matters. IRAS does not arbitrate on this matter.
Please note the concessionary owner-occupier tax rates will not be applicable during the period when the seller continues to reside in the flat after the resale transaction has been completed. The lower tax rates would only apply from the date the new owner moves in to reside in the flat.
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