Seller's Stamp Duty and how much you keep when you sell
Selling property takes more than the price you agree with the buyer. Several amounts come out before you see your cash.
Seller's Stamp Duty (SSD)
SSD applies if you sell a residential property soon after buying it. For properties bought on or after 4 July 2025, the rates are 16% if you sell within 1 year, 12% in the second year, 8% in the third year and 4% in the fourth year. After that, no SSD. Earlier purchases follow the older, lower schedule. It is charged on the higher of the selling price and the market value.
Example: selling a S$1,200,000 home within the first year means S$192,000 of SSD. In the second year it falls to S$144,000.
What else comes out of the sale
Your outstanding home loan and any early repayment charge. CPF used for the purchase, plus the accrued interest, which goes back to your CPF account. Agent commission and legal fees. Whatever is left is your cash.
Plan the timing
If you are close to a SSD deadline, waiting a few weeks can change the result by tens of thousands of dollars. Check the exact date counting rules on IRAS.
The free PropFlow calculator has a sell tab that estimates SSD and your cash after the sale.
Try it now: PropFlow or open the free calculator.
General information only, not financial or legal advice. Confirm current rates on IRAS.