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Yi Qian

Singapore raises Seller’s Stamp Duty to curb short-term flipping, targeted move to protect long-term property value, not disrupt market fundamentals.

July 8, 2025

Higher Seller’s Stamp Duty: A Targeted Deterrent to Speculation, Not a Disruption to Market Fundamentals

With effect from the August 2023 Build-to-Order (BTO) Exercise, stricter penalties will be imposed on couples who do not select a flat when invited by the Housing and Development Board (HDB) to do so. A new priority category benefiting first-timer families applying for their first BTO flat was also introduced. In his Committee of Supply …