Following the Government announcement on 19 February 2010, seller’s stamp duty (SSD) will be payable by sellers of residential properties which are acquired (or purchased) on or after 20 February 2010 and disposed of (or sold) within 1 year from the date of acquisition. Properties acquired before 20 February 2010 will not be subject to SSD1 when disposed of.

Parlimentary Speech by Singapore's Minister of Finance, THARMAN Shanmugaratnam