💡Quick Guide: Do I Need to Pay SSD?
No SSD Required
- • Bought before 20 Feb 2010
- • Held for 3+ years (old rates)
- • Held for 4+ years (new rates)
- • Licensed developer selling own development
- • Government acquisition or bankruptcy
SSD Payable
- • Bought on/after 20 Feb 2010
- • Selling within holding period
- • Residential property or land
- • Not covered by exemptions
Property Details
Transaction Dates
SSD is a tax you pay when selling a residential property within the holding period. It applies to properties bought on or after 20 Feb 2010.
How is SSD calculated?
SSD = Rate × Higher of (Sale Price or Market Value)
Example: If you sell for $1.5M within 1 year (purchased after 4 Jul 2025), SSD = 16% × $1,500,000 = $240,000
Key Changes (4 July 2025):
- Holding period increased from 3 to 4 years
- SSD rates increased by 4 percentage points per tier
- No transition period - applies to all purchases from 4 Jul 2025 onwards
You are exempt from SSD if:
- Property bought before 20 Feb 2010 - No SSD applies at all
- Held beyond the holding period - 3 years (old) or 4 years (new)
- Licensed housing developers - Selling properties they developed
- Government acquisition - Property acquired under Land Acquisitions Act
- Bankruptcy - Required to sell due to bankruptcy proceedings
- HDB SERS - Flat identified for redevelopment or returned to HDB
- Inherited HDB flat - Required by HDB to dispose (from 18 Dec 2015)
- Marriage (HDB) - Couple required to dispose one HDB flat (from 18 Dec 2015)
Purchase Date
Usually the date you accepted the Option to Purchase (OTP) or signed the Sale & Purchase Agreement.
For HDB: Date of Agreement for Lease
Sale Date
Usually the date the buyer accepts your OTP or signs the Sale & Purchase Agreement.
Payment Deadline
SSD must be paid within 14 days from the sale contract date. Late payment incurs penalties.
Divorce/Death:
Property transfers due to divorce or inheritance may have different SSD treatment. The holding period may be calculated from the marriage date or deceased's acquisition date.
SERS Replacement Flat:
SSD holding period starts from the Agreement for Lease date, even if you've met the Minimum Occupation Period (MOP).
Non-Licensed Developers:
May apply for SSD remission if registered and lawfully carrying on housing development business.
For specific cases, consult IRAS or a tax professional. Visit IRAS SSD page for full details.
Calculations are based on current IRAS SSD rates. Actual liability may vary. Please verify with IRAS for official assessment.