The rates of SSD payable on residential property purchased on and after 11 March 2017 and sold within
certain duration, are summarized in the table below:
|Date of Purchase or Date of Change of Zoning / Use||Holding Period||SSD Rate (on the actual price or market value, whichever is higher)|
|On and after 11 March 2017||Up to 1 year||12%|
|More than 1 year and up to 2 years||8%|
|More than 2 years and up to 3 years||4%|
|More than 3 years||No SSD payable|
- Where land is sold with existing building, the liability for SSD will be based on the zoning of the land in the Master Plan.
- For non-residential property that is re-zoned or the permitted use is changed to residential, the date of
acquisition of the property will be the date of rezoning or the change of use.
- SSD payable to be rounded down to the nearest dollar.