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If I paid the option fee for a resale condo on 15 May 2025 and exercise the Option to Purchase (OTP) on 9 July 2025, will I be subject to Seller’s Stamp Duty (SSD) if I sell the condo in 2028?

Updated by IRAS

Yes. As the property is purchased on 9 Jul 2025, the holding period is 4 years. If you sell the property before 9 Jul 2029, you will be subjected to the SSD rates of 4%-16%. If you sell the property on or after 9 July 2029, no SSD is payable.

You may refer to Seller's Stamp Duty (SSD) for more information on SSD and its stipulated holding period.

Topics:

Stamp DutySeller's Stamp Duty

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