Answer
Singapore Property Capital Gains Tax (2026)
Thinking of selling your property and worried about capital gains tax? Good news: Singapore does NOT have capital gains tax on property. But there's a catch — if you sell too soon, you'll pay Seller's Stamp Duty (SSD).
Quick Answer: Singapore has NO capital gains tax on property. Your profit is not taxed. However, Seller's Stamp Duty (SSD) applies if you sell within 4 years of purchase (for properties bought after 15 Feb 2023).
Capital Gains Tax vs Seller's Stamp Duty
These are two different things. Here's the difference:
| Feature | Capital Gains Tax | Seller's Stamp Duty (SSD) |
|---|---|---|
| Exists in Singapore? | ❌ No | ✅ Yes |
| What it taxes | Profit (sale price - purchase price) | Full selling price (penalty for selling too soon) |
| When you pay | N/A (doesn't exist) | Only if you sell within 4 years |
| Applies to | N/A | Residential property (HDB, condo, landed) |
Seller's Stamp Duty (SSD) Rates
For residential properties purchased on or after 15 Feb 2023:
| Holding Period | SSD Rate |
|---|---|
| Up to 1 year | 12% |
| More than 1 year, up to 2 years | 8% |
| More than 2 years, up to 3 years | 4% |
| More than 3 years, up to 4 years | 0%* |
| More than 4 years | 0% (No SSD) |
*For properties purchased on or after 15 Feb 2023, SSD is 0% from year 3-4. For properties purchased before 15 Feb 2023, different rates apply.
Real Example: No Capital Gains Tax
Scenario: Condo flip in 2 years
- • Purchase price (2024): $1,000,000
- • Selling price (2026): $1,300,000
- • Profit: $300,000
Tax breakdown:
- • Capital gains tax: $0 (doesn't exist in Singapore)
- • SSD (8% of $1.3M, sold within 2 years): $104,000
- • Net profit after SSD: $196,000
If you held for 4+ years, SSD = $0, so you'd keep the full $300k profit tax-free.
When SSD Doesn't Apply
- You sell after holding for more than 4 years (properties bought after 15 Feb 2023)
- You sell due to death of owner
- You sell due to bankruptcy
- Property is compulsorily acquired by the government
- Property is commercial or industrial (SSD only applies to residential)
- Property is transferred due to court order (e.g., divorce settlement)
What About Property Tax?
Property tax is an annual tax on the property's annual value, not on capital gains. It's different from both capital gains tax and SSD.
Example:
Your condo's annual value is $36,000. You pay property tax on this annually (rates vary based on owner-occupied vs investment). This is separate from any profit you make when you sell.
Common Questions
▶Does Singapore have capital gains tax on property?
No. Singapore does not impose capital gains tax on property profits. If you buy a property for $1M and sell it for $1.5M, the $500k gain is not taxed as capital gains.
▶What is Seller's Stamp Duty (SSD)?
SSD is a penalty tax if you sell residential property within 3-4 years of purchase (depending on when you bought). It's calculated as a percentage of the selling price or market value, whichever is higher. SSD applies to HDB, condo, and landed property.
▶Do I pay SSD if I sell after 4 years?
No. If you bought the property on or after 15 Feb 2023, SSD only applies if you sell within 4 years. After 4 years, no SSD is charged.
▶Are there exemptions to SSD?
Yes. SSD is waived if you sell due to death, bankruptcy, or compulsory acquisition by the government. It also doesn't apply to commercial or industrial properties (only residential).
▶How is SSD different from capital gains tax?
Capital gains tax is a tax on profit (sale price minus purchase price). SSD is a penalty for selling too soon, calculated as a percentage of the full selling price, not just the profit. Singapore has SSD but no capital gains tax.
Calculate Your Stamp Duty
Use our stamp duty calculator to estimate buyer's and seller's stamp duty.
Try the Stamp Duty Calculator →