Estimate of Five-year-old Private Non-landed Properties not Subject to Seller's Stamp Duty
Ministry of National DevelopmentSpeakers
Transcript
18 Mr Gan Thiam Poh asked the Minister for National Development (a) what is the projected number of five-year-old private non-landed properties in 2017 and in the next three years whereby sellers will not be subjected to the seller's stamp duty; and (b) how many of these properties are in the Core Central Region and outside of the Core Central Region respectively.
Mr Lawrence Wong: From 2017 to 2020, the estimated total number of private non-landed properties that were purchased five years ago, whereby sellers will not be subject to Seller's Stamp Duty, is about 12,000 in the Core Central Region and 67,000 outside of the Core Central Region.
Property transaction data can be obtained via the Urban Redevelopment Authority's Real Estate Information System at https//spring.ura.gov.sg/lad/ore/login/index.cfm.