Asked by Jill Wong
Dear Sir/Mdm,
I would like to ask if eventually sell of my RESALE property, what would be the levy I have to pay.
Practically all the online guides and article online explains and spells out clearly for IF you are an original BTO owner and want to sell years later, be it after MOP or later the levy you have to pay and the rational of it.
But nothing seems to really clearly explain for the situation I might face in a few years time which is if the flat I first own and had was a RESALE flat.
I can fully understand the Additional Buyer Stamp Duty, if I buy a 2nd property. However my question is, if I fully sell my first RESALE flat 5-10yrs down the road and get another bigger RESALE flat, Do I have to pay any Levy and Stamp Duty for the 2nd Resale flat, if the 1st one has been sold?
With thanks,
Jill Wong
I would like to ask if eventually sell of my RESALE property, what would be the levy I have to pay.
Practically all the online guides and article online explains and spells out clearly for IF you are an original BTO owner and want to sell years later, be it after MOP or later the levy you have to pay and the rational of it.
But nothing seems to really clearly explain for the situation I might face in a few years time which is if the flat I first own and had was a RESALE flat.
I can fully understand the Additional Buyer Stamp Duty, if I buy a 2nd property. However my question is, if I fully sell my first RESALE flat 5-10yrs down the road and get another bigger RESALE flat, Do I have to pay any Levy and Stamp Duty for the 2nd Resale flat, if the 1st one has been sold?
With thanks,
Jill Wong
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