Linked outcomes

Singapore extends the SSD holding period to four years and raises every residential tier by four percentage points

Announced 3 July 2025 · Effective 4 July 2025 · Macroprudential

Comparison anchored to effective date: 4 July 2025.

Before and after figures are the 90-day windows of the before and after view, not each outcome record's own window. A link here is an association the archive records; it is not a finding that the event produced the outcome.

In brief

In brief

  • 4 outcome records are linked to this event: 0 with computable series, 0 citing a series whose aggregation type is unresolved, 0 observed without a series, and 4 unresolved.
  • 4 of 4 outcome records name no source, and none has a source document attached.
  • 3 further series are observed around this event through its category mapping, not through an outcome record.

Linked outcomes (4)

Directly referenced: an outcome record on this event. Listed computable first, then not computable, then observed in words, then unresolved; not ranked.

Outcome record 1

Sub-sale activity in units acquired on and after 4 July 2025

Unresolved

Registered before it could be observed: no observation is recorded.

Observation state
Registered before it could be observed
Value basis
Not derived: no value recorded yet · Not derived · origin: Unresolved
Outcome window
From 2027, once projects sold from July 2025 reach the stage at which sub-sales normally occur · calendar · anchored to the effective date
Temporal relationship
Window recorded as "From 2027, once projects sold from July 2025 reach the stage at which sub-sales normally occur" (calendar), anchored to the effective date 4 July 2025. No dated window is stored and the label gives no dates, so it is not placed.
Source document not attachedEvidence incomplete
  • Gap: Evidence record exists, but no source is named on it.
Why is this linked?
  1. Policy event

    Singapore extends the SSD holding period to four years and raises every residential tier by four percentage points

    Announced 3 July 2025, effective 4 July 2025

  2. Outcome record

    Outcome record 1: Sub-sale activity in units acquired on and after 4 July 2025

    Calendar window "From 2027, once projects sold from July 2025 reach the stage at which sub-sales normally occur", anchored to the effective date

  3. Source

    No source named

Record identifiers

event evt_sg_2025_ssd_jul · outcome 753ca246-3c03-48fe-b8c4-50005fa071f7

Outcome record 2

Disposals in the third-to-fourth year of ownership

Unresolved

Registered before it could be observed: no observation is recorded.

Observation state
Registered before it could be observed
Value basis
Not derived: no value recorded yet · Not derived · origin: Unresolved
Outcome window
July 2028 to July 2030, when the two cohorts can first be compared at the same age · calendar · anchored to the effective date
Temporal relationship
Window recorded as "July 2028 to July 2030, when the two cohorts can first be compared at the same age" (calendar), anchored to the effective date 4 July 2025. No dated window is stored and the label gives no dates, so it is not placed.
Source document not attachedEvidence incomplete
  • Gap: Evidence record exists, but no source is named on it.
Why is this linked?
  1. Policy event

    Singapore extends the SSD holding period to four years and raises every residential tier by four percentage points

    Announced 3 July 2025, effective 4 July 2025

  2. Outcome record

    Outcome record 2: Disposals in the third-to-fourth year of ownership

    Calendar window "July 2028 to July 2030, when the two cohorts can first be compared at the same age", anchored to the effective date

  3. Source

    No source named

Record identifiers

event evt_sg_2025_ssd_jul · outcome 21188522-292d-48a8-9f33-4e4ba85f820f

Outcome record 3

Substitution between direct property disposals and equity-interest disposals

Unresolved

Registered before it could be observed: no observation is recorded.

Observation state
Registered before it could be observed
Value basis
Not derived: no value recorded yet · Not derived · origin: Unresolved
Outcome window
2026 to 2029, subject to sufficiently granular stamp duty and corporate conveyancing data · calendar · anchored to the effective date
Temporal relationship
Window recorded as "2026 to 2029, subject to sufficiently granular stamp duty and corporate conveyancing data" (calendar), anchored to the effective date 4 July 2025. No dated window is stored and the label gives no dates, so it is not placed.
Source document not attachedEvidence incomplete
  • Gap: Evidence record exists, but no source is named on it.
Why is this linked?
  1. Policy event

    Singapore extends the SSD holding period to four years and raises every residential tier by four percentage points

    Announced 3 July 2025, effective 4 July 2025

  2. Outcome record

    Outcome record 3: Substitution between direct property disposals and equity-interest disposals

    Calendar window "2026 to 2029, subject to sufficiently granular stamp duty and corporate conveyancing data", anchored to the effective date

  3. Source

    No source named

Record identifiers

event evt_sg_2025_ssd_jul · outcome bd1992c8-525f-4183-87dd-eee3180d76d2

Outcome record 4

Duty actually assessed in the newly chargeable fourth-year band

Unresolved

Registered before it could be observed: no observation is recorded.

Observation state
Registered before it could be observed
Value basis
Not derived: no value recorded yet · Not derived · origin: Unresolved
Outcome window
From July 2028, once the earliest affected acquisitions pass three years · calendar · anchored to the effective date
Temporal relationship
Window recorded as "From July 2028, once the earliest affected acquisitions pass three years" (calendar), anchored to the effective date 4 July 2025. No dated window is stored and the label gives no dates, so it is not placed.
Source document not attachedEvidence incomplete
  • Gap: Evidence record exists, but no source is named on it.
Why is this linked?
  1. Policy event

    Singapore extends the SSD holding period to four years and raises every residential tier by four percentage points

    Announced 3 July 2025, effective 4 July 2025

  2. Outcome record

    Outcome record 4: Duty actually assessed in the newly chargeable fourth-year band

    Calendar window "From July 2028, once the earliest affected acquisitions pass three years", anchored to the effective date

  3. Source

    No source named

Record identifiers

event evt_sg_2025_ssd_jul · outcome f7e327dc-f738-4ee2-906b-9c5c746e0368

Associated indicators (3)

Observed around the selected event: a series mapped to this kind of event, cited by no outcome record.

HDB Resale Price Index

Unresolved

No whole period of this series falls inside the 90-day windows, so nothing is observed at this window length.

Temporal relationship
No whole period of the series falls inside the 90-day windows either side of 4 July 2025.

HDB Resale Price Index

INDEX · Computable

90 days before

None

0/90 days

90 days after

None

0/90 days

Observed change

Not stated

No whole quarterly period of this series falls inside either window, so no comparison is stated. A longer window may contain one.

Primary source cited: Housing & Development Board
Why is this linked?
  1. Policy event

    Singapore extends the SSD holding period to four years and raises every residential tier by four percentage points

    Announced 3 July 2025, effective 4 July 2025

  2. Category mapping

    Series mapped to macroprudential events

    No outcome record cites it

  3. Metric

    HDB Resale Price Index

    Series type: INDEX

  4. Observed series

    Observed series, value in the latest whole quarterly period inside each 90-day window

    Before: no whole period. After: no whole period.

  5. Source

    Housing & Development Board

    Primary source

Record identifiers

event evt_sg_2025_ssd_jul · metrics bd89e9e1-83d4-4cb1-a341-40896143b8d8

Private Residential Property Price Index, All Residential

Unresolved

No whole period of this series falls inside the 90-day windows, so nothing is observed at this window length.

Temporal relationship
No whole period of the series falls inside the 90-day windows either side of 4 July 2025.

Private Residential Property Price Index, All Residential

INDEX · Computable

90 days before

None

0/90 days

90 days after

None

0/90 days

Observed change

Not stated

No whole quarterly period of this series falls inside either window, so no comparison is stated. A longer window may contain one.

Primary source cited: Urban Redevelopment Authority
Why is this linked?
  1. Policy event

    Singapore extends the SSD holding period to four years and raises every residential tier by four percentage points

    Announced 3 July 2025, effective 4 July 2025

  2. Category mapping

    Series mapped to macroprudential events

    No outcome record cites it

  3. Metric

    Private Residential Property Price Index, All Residential

    Series type: INDEX

  4. Observed series

    Observed series, value in the latest whole quarterly period inside each 90-day window

    Before: no whole period. After: no whole period.

  5. Source

    Urban Redevelopment Authority

    Primary source

Record identifiers

event evt_sg_2025_ssd_jul · metrics 7cbef7bc-b216-48c3-851c-91b71553b792

Singapore private residential transactions, all types of sale

Unresolved

No whole period of this series falls inside the 90-day windows, so nothing is observed at this window length.

Temporal relationship
No whole period of the series falls inside the 90-day windows either side of 4 July 2025.

Singapore private residential transactions, all types of sale

FLOW · Computable

90 days before

None

0/90 days

90 days after

None

0/90 days

Observed change

Not stated

No whole quarterly period of this series falls inside either window, so no comparison is stated. A longer window may contain one.

Primary source cited: Urban Redevelopment Authority
Why is this linked?
  1. Policy event

    Singapore extends the SSD holding period to four years and raises every residential tier by four percentage points

    Announced 3 July 2025, effective 4 July 2025

  2. Category mapping

    Series mapped to macroprudential events

    No outcome record cites it

  3. Metric

    Singapore private residential transactions, all types of sale

    Series type: FLOW

  4. Observed series

    Observed series, total over whole quarterly periods inside each 90-day window

    Before: no whole period. After: no whole period.

  5. Source

    Urban Redevelopment Authority

    Primary source

Record identifiers

event evt_sg_2025_ssd_jul · metrics 56dfd10a-d6b9-41a7-b183-7d2b09301f89

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