The Business Times
business-time-50
SUBSCRIBERS

Higher seller’s stamp duty a warning shot to speculators but unlikely to cause market distress 

Suburban condos see highest sub-sale activity in recent spike due to pandemic construction delays and steep rise in home prices since 2020

Summarise
google-preferred-sourceAdd BT as a preferred source
Jessie Lim

Jessie Lim

Published Fri, Jul 4, 2025 · 03:59 PM
    • The moderation of private home prices recently may temper owners’ motivation to sell after a short holding period, say PropNex chief executive officer Ismail Gafoor.
    • The moderation of private home prices recently may temper owners’ motivation to sell after a short holding period, say PropNex chief executive officer Ismail Gafoor. PHOTO: BT FILE

    [SINGAPORE] Changes in seller’s stamp duty will make it harder to flip a property for profit in a short time, but are unlikely to have much impact on prices or volume in Singapore’s residential market, analysts said on Friday (Jul 4).

    Nevertheless, the timing of the move was not lost on market players, coming ahead of a third-quarter season crowded with new launches.

    Up to 11 projects with some 5,400 units are slated to be marketed in coming weeks.

    Singapore residential propertyMinistry of National Development

    TRENDING NOW

    KSL's Khoo Lee Feng says it is "not so much what you study, but how you learn".

    Johor property old hand KSL readies family handover amid market boom

    Indonesia's Finance Minister Purbaya Yudhi Sadewa says figures in the reported export data are roughly 50% lower than the actual numbers.

    Wilmar, Musim Mas among palm-oil firms in Indonesia under probe for suspected export under-invoicing

    CEO Kerry Mok says Sats has “a lot of growth opportunities”, including investments in AI and new geographies, as well as refreshing its assets.

    Sats may reward shareholders with special dividend if there’s spare cash

    LKT commenced proceedings in the Singapore High Court against Edmund Cheah in May 2025, alleging breaches of fiduciary duties and duties of fidelity.

    Property group Lee Kim Tah reaches settlement with ex-director in ongoing misconduct probe

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More