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The total SSD payable is calculated by applying the rate applicable to the sale price of your apartment or the current market value, whichever is greater. You can ask HDB for legal advice if you are selling your apartment, if your current loan is with HDB or if you do not have a loan in progress. Lawyers` fees are based on their 2002 rules on transfer costs. This can be paid in cash or with CPF. However, you will need to ask the law firm if the fees can be paid through the CPF. Please note that the minimum transfer fee is USD 20 and the transfer fee is subject to GST. The lawyer`s fees to be paid depend on the lawyer you hire to act on your behalf. If you ask HDB to act for you when you buy, you can get a quote with our online service to claim legal fees. For more information on the distribution of attorneys` fees, see below. You can also hire a legal carrier through Ohmyhome, with fees starting at $1,800 net. Services include the following: The title search fee costs $10.40 and can be paid in cash/CPF. When submitting a resale request, buyers and sellers must each pay an administration fee of $40 for 1-bedroom and 2-bedroom apartments and $80 for 3-bedroom apartments (or more).

The fee includes goods and services tax and is non-refundable after payment. The stamp duty depends on the selling price of the apartment. The amount to be paid is calculated as follows: The stamp duty for the deed of assignment is payable when you take out a mortgage. It is charged at 0.4% of the loan amount, subject to a maximum of $500. When selling a drop in HDB resale, the various legal fees must be paid on behalf of the cash register and/or NETS. If you hire HDB`s lawyer to act on your behalf in the sale, you can get a quote using our lawyers` fee research service. If you hire your own lawyer, he will advise you on fees. For more information on the distribution of attorneys` fees, see below.

1% to 3% of the purchase price as attorney fees and stamp duty By advice: You can get an estimate of all legal fees incurred on the HDB Legal Fees Enquiry Facility page. When buying an HDB resale apartment, the various legal fees can be paid with CPF savings, a cash order or net. However, the booking and title search fees are only payable by order of the cashier and/or NETS. But first, here is a list of all the fees and costs associated with buying an HDB apartment. The figures are only an estimate and do not include stamp duty, registration fees and other withdrawals. (Sales, resellers and resale buyers) 3. Stamp duty and lawyer`s feesThe stamp duty pays for a stamped certificate documenting your ownership of the apartment. It is based on the sale price of the apartment and is calculated as follows: 1% on the first $180,000, 2% on the next $180,000 and 3% on the rest. You can use the IRAS stamp duty calculator to find out: the mytax.iras.gov.sg/ESVWeb/default.aspx?target=MSDCalculatorIntroLegal fee includes the transfer fee and the conditional registration fee for preparing the documents when processing your purchase. The first is based on the sale price of your apartment, while the second is $64.45. Do these selling fees make your head spin? Would you rather leave it to your real estate agent? We have the solution for you.

Sell your property today with Ohmyhome Super Agents! These are the legal fees you have to pay when you buy an HDB apartment with an HDB loan. When buying an HDB resale apartment, you should also consider the costs and fees you may have to pay. These fees are in addition to the resale price of the lump sum: the lawyer`s fees to be paid depend on the lawyer you hire to work for you. When you pick up the keys to the new apartment, you will have to pay an investigation fee. You may also have to pay the deposit fee and stamp duty on the deed of assignment. Let us tell you about the costs and fees that you, the seller, may have to pay during your resale transaction. These include: You can learn more about the costs and fees of buying a new HDB apartment at: www.hdb.gov.sg/cs/infoweb/residential/buying-a-flat/new/finance/costs-and-fees When selling an HDB apartment, there are legal fees as it is the legal transfer of residential property from you, the seller, to a buyer. This process is called a transfer, which begins on the date the offer was accepted and ends on the day the keys are handed over. You can also use the stamp duty calculator on the Inland Revenue Authority of Singapore website to calculate the stamp duty payable on your flat-rate purchase. When selling your apartment, you should also take into account the costs and fees that you may have to pay: the fees for transfer, reservation and title search are paid after confirmation of the resale documents on the HDB resale portal. If you do not have enough CPF savings to pay stamp duty in full, you will have to pay the balance on the closing day of the resale on the cashier`s order and/or NETS. Buyers and sellers each pay an administration fee.

For BTOs, the price of HDB is set during BTO sales launches. For the submission of the resale request, the buyer and seller pay an administration fee of $40 or $80, depending on the type of apartment. A valid insurance certificate issued by FWD must be presented on the day you complete the purchase of your resale apartment. After September 1, 1994, HDB made it mandatory for homeowners to purchase and renew HDB fire insurance for their home as long as you have an HDB loan outstanding. However, in cases where hdB has issued a special permit to sell the apartment prior to the MOP, the Seller`s Stamp Duty (SSD) may apply. You are obliged to pay for the SSD if you sell your HDB apartment within 3 years. This is called the holding period and begins on the date of handing over the keys or buying the HDB apartment and ends when the call option is issued to sell the apartment. .