Linq @ Beauty World Financing Information: Stamp Duty

Under the respective FTAs, Nationals or Permanent Residents of the following countries will be accorded the same Stamp Duty treatment as Singapore Citizens:

1. Nationals and Permanent Residents of Iceland, Liechtenstein, Norway or Switzerland
2. Nationals of the United States of America

Refer to the IRAS website here for more details

1. The married couple did not own interest in more than one residential property at the date of purchase of the second residential property.
2. ABSD has been paid on the second residential property.
3. The first residential property (co-owned or separately owned) is sold within 6 months after
   • the date of purchase¹ of the second property for completed property or
   • the issue date of the Temporary Occupation Permit (TOP) / Certificate of Statutory Completion (CSC), whichever is earlier, if the property was uncompleted at the time of purchase
4. The married couple remains married and there is no change of ownership in the second residential property at the time of sale of the first residential property.
5. The married couple has not purchased or acquired any other residential property since the purchase of the second residential property.
6. The application for refund of ABSD is made within 6 months after the date of sale² of the first residential property. 

For the eligibility criteria, please see the last column of Table 1, Table 2 and Table 3 of ABSD Rates and Remission for Married Couples (PDF, 178KB)

¹ Date of Purchase / Acquisition refers to:
a) Date of Acceptance of the Option to Purchase or
b) Date of Sale and Purchase Agreement or
c) Date of Transfer where (a) and (b) are not available nor applicable

² Date of Sale / Disposal refers to:
a) Date of Acceptance of the Option to Purchase by the buyer or
b) Date of Sale and Purchase Agreement signed by the buyer or
c) Date of Transfer where (a) and (b) are not available nor applicable

For more details, please refer to the IRAS website at this link.