Who is to pay stamp duty? – Condo for sale Singapore
General rule – purchaser, tenant or mortgagor pays stamp duty. Rule may be varied by special agreement between parties. Condo for sale Singapore.
When to pay?
- For sale of HDB resale flats: within 14 days from the date of HDB’s in-principle approval.
- For sale of private properties: within 14 days from the date of exercising of the Option to Purchase or date of the Sale and Purchase Agreement, whichever is earlier.
- For tenancy agreements executed in Singapore: within 14 days of the date of the document.
- For tenancy agreements executed overseas: within 30 days from the date of receipt of document in Singapore.
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