AskGuru Q&A Community

Morning Lyn,

As you have signed the S&P before 20 Feb 2010, you are not eligible for Seller Stamp Duty. As for transfer of ownership, you are required to pay legal fee, valuation fee, possible banks charges for early repayment, depending on your mortgage policy, and the stamp fee which is payable for the transfer of name. This amount varies depending on the valuation price.

To purchase another condo after sales, you are only required to pay the standard stamp fee and legal fee, other than the standard 20% downpayment if you get 80% loan.

FYI
Mike Lim
 96929209 
ERA Read More

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Hi, hopefully you managed to sell your unit at a good price then. If, so then congrats! Hopefully you are doing well now.

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Landon Chew
97 39 60 40
landonchew@email.com Read More