Sale of Residential Properties by Non-Licensed Developers

Seller’s Stamp Duty (SSD) remission on the sale of residential properties is applicable to non-licensed housing developers if the remission conditions are met.

Conditions for Remission

  1. The developer is a company registered under the Companies Act or a business registered under the Business Registration Act.
  2. The developer is carrying on the business of housing development for sale. The construction of housing accommodation refers to building of new housing accommodation or total demolition of existing buildings and rebuilding of new housing accommodation, and excludes alterations, repairs, additions to existing buildings and partial demolition and rebuilding of housing accommodation.

    How to Apply

    Your legal representative can e-Stamp via the e-Stamping Portal to obtain the remission certificate.

    List of Supporting Documents Required for Application

    1. Business profile from ACRA showing name of company or firm and principal activities
    2. Copy of Option to Purchase and/ or Sale and Purchase Agreement issued by the developer to the purchaser
    3. The Grant of Written Permission issued by URA
    4. Declaration from Architect to confirm the following: 
      • As at the date of application of the Written Permission, whether the property is a vacant land or with existing buildings
      • The addresses of the existing buildings, if any
      • If the existing buildings have been/ will be totally demolished, the date (or estimated date) of demolition of the existing buildings
      • If there are any parts of the existing buildings that cannot be demolished, please state the reason(s)

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