Determining the Additional Conveyance Duties payable

Determining the Additional Conveyance Duties payable

The Additional Conveyance Duties (ACD) that will apply on qualifying sale/ transfer of equity interests in property-holding entities that own primarily residential properties in Singapore (PHEs) are:

1. Additional Conveyance Duties for Buyers (ACDB):
   1. Buyer’s Stamp Duty at 1% to 6%; plus
   2. Additional Buyer’s Stamp Duty at 65% (flat rate)
      
2. Additional Conveyance Duties for Sellers (ACDS):
   1. For equity interests being disposed of within 3 years if acquired between 11 Mar 2017 and 3 Jul 2025 (both dates inclusive), Seller’s Stamp Duty at 12% (flat rate); and
   2. For equity interests being disposed of within 4 years if acquired on or after 4 Jul 2025, Seller’s Stamp Duty at 16% (flat rate).

1. If the PIP owned by the PHE (directly/indirectly) is a vacant land or an entire building with land:
   
   

   Zoning of the land	Component deemed as residential
   Residential	100% of the gross floor area (GFA)
   Residential/ Institution
   White
   Commercial & Residential	60% of the GFA
   Residential with commercial at first storey	Total GFA less the minimum GFA which must be set aside for commercial uses under the Master Plan.

2. If the PIP owned by the PHE (directly/indirectly) is a part of an entire building, the component of the property deemed residential is the part of the property permitted* for residential use.
   
   

1. A use permitted by a Written Permission given under section 14(4) of Planning Act other than that given for a period of 10 years or less i.e. exclude temporary permission granted by the Competent Authorities for change of use;
2. A use authorized by a notification under section 21(6) of Planning Act; or
3. Such use, being an existing use of the building or part thereof and not being the subject of a written permission given under section 14 of the Planning Act or a notification under section 21(6) of that Act, was a use to which the building or part thereof was put on 1st February 1960, and the building or part thereof has not been put to any other use since that date.
   
   

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