Policy before and after · Macroprudential
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
Read the full event recordCompare with another policyCreate research brief
Comparison window
Comparison anchored to effective date: 4 July 2025. Before: 4 July 2024 to 3 July 2025. After: 4 July 2025 to 3 July 2026. The same 365 days on each side; the anchor day counts as after.
Before · 4 Jul 2024 to 3 Jul 2025
16 land-sales awards
- 60 land-sales steps in all
- 4 other archive events
- Singapore private residential transactions, all types of sale: 19,822 (Q2 2025)
The event
Announced 3 Jul 2025
Effective 4 Jul 2025
The effective date is the anchor.
After · 4 Jul 2025 to 3 Jul 2026
25 land-sales awards
- 77 land-sales steps in all
- All 365 days observable
- Singapore private residential transactions, all types of sale: 18,260 (Q2 2026)
What this comparison can and cannot show
Generated from this window's records
Recorded
- 7 verified claims on this event record a before and an after value.
- 16 land-sales awards in the 365 days before the effective date, and 25 in the 365 observable days after.
- 3 of 3 tracked series have a whole period on both sides, so a before and after figure is stated for them.
Cannot be concluded
- That this event moved any figure on this page. The comparison is by date; nothing here is attributed to the event.
- A reading of the concurrent land sales and events as responses to this one. They are listed by date alone.
About this eventIssuing authority, category, affected market, primary source, summary
- Announced
- 3 July 2025
- Effective
- 4 July 2025
- Issuing authority
- Monetary Authority of Singapore, Ministry of National Development, Ministry of Finance, Inland Revenue Authority of Singapore
- Category
- Macroprudential
- Affected market
- Residential property and residential land in Singapore acquired on and after 4 July 2025, 12.00am, and disposed of within four years of the applicable acquisition date, subject to the statutory exemptions and remissions. The trigger is the seller's acquisition date, not the date of sale. Residential property acquired between 11 March 2017 and 3 July 2025 retains the three-year period and the 12%, 8% and 4% schedule, and earlier acquisitions retain the schedule applicable to their own cohort. Industrial property has a separate seller's stamp duty schedule that this package did not amend.
- Primary source
- Extension of the Holding Period of Seller's Stamp Duty and Higher SSD Rates for Residential Properties, 3 July 2025, with Table 1. Expressly reverts to the pre-2017 holding period and raises each tier by four percentage points.
On 3 July 2025 Singapore extended the Seller's Stamp Duty holding period for residential property from three years to four and raised the rate in every tier by four percentage points, with effect from 4 July 2025 for property acquired on and after that date. The revised schedule is 16%, 12%, 8% and 4%, restoring the rates in force between 14 January 2011 and 10 March 2017. Nothing in the package reaches a property acquired earlier: those cohorts keep the schedule that applied when they were bought, so a seller's liability turns on the acquisition date rather than the sale date. The fourth year of ownership becomes chargeable at 4% where it had carried no duty since 11 March 2017, and the rate beyond four years remains nil. The Government gave as its reason a sharp increase in private residential transactions with short holding periods, and in particular in the sub-sale of units not yet completed, without publishing a figure for either. It also stated that HDB owners would not be affected, because the Minimum Occupation Period ordinarily prevents a disposal inside the SSD window. Buyer's stamp duty, additional buyer's stamp duty and every loan-to-value, TDSR and MSR limit were left where they stood.
In brief
In brief
- Singapore private residential transactions, all types of sale totalled 19,822 in the whole periods inside the 365 days before the effective date (Q4 2024, Q1 2025, Q2 2025) and 18,260 in those inside the 365 days after (Q4 2025, Q1 2026, Q2 2026).
- Private Residential Property Price Index, All Residential was 213.2 in Q2 2025, the latest whole period before the effective date, and 219.4 in Q2 2026, the latest whole period in the 365 days after.
- 16 GLS site awards were recorded in the before window and 25 in the after window.
What changed
No policy matrix is recorded for this event. These are its verified claims that store a before and an after value.
| As recorded in the claim | Before | After | Change | Source |
|---|---|---|---|---|
| The Seller's Stamp Duty rate for a holding period of more than two years and up to three years was raised from 4% to 8%. | 4% | 8% | +4 pts | Claim 6 |
| The Seller's Stamp Duty rate for a holding period of more than one year and up to two years was raised from 8% to 12%. | 8% | 12% | +4 pts | Claim 5 |
| Residential SSD holding period, from three yearsyears | 3 | 4 | +33.3% | Claim 1 |
| SSD on a sale within one year, from 12% | 12% | 16% | +4 pts | Claim 2 |
View all 7 before-and-after valuesHide the other 3
| The seller-side Additional Conveyance Duty was revised by acquisition cohort: equity interests acquired between 11 March 2017 and 3 July 2025 keep the 12% rate and the three-year holding period, while equity interests acquired on and after 4 July 2025 are subject to a 16% rate and a four-year holding period. | 12% | 16% | +4 pts | Claim 16 |
| SSD in the fourth year of ownership, from 0% | 0% | 4% | +4 pts | Claim 3 |
| The Seller's Stamp Duty rate for a holding period of more than four years remained at nil. | 0% | 0% | No change | Claim 7 |
Observed around this event
View linked outcomesThe same statistic over the 365 days before and after the anchor. Figures describe what was recorded in each window; they do not attribute a change to this event.
Singapore private residential transactions, all types of sale
units · Total over whole quarterly periods inside each 365-day window
Before
19,822
Q4 2024, Q1 2025, Q2 2025
Coverage 273/365 days
After
18,260
Q4 2025, Q1 2026, Q2 2026
Coverage 273/365 days
Difference
-1,562
-7.9%
Qualified: whole periods cover 273/365 days before and 273/365 days after. Days outside a whole period are not counted and are not treated as zero.
Provenance
- Source
- Urban Redevelopment Authority
- Series kind
- FLOW
- Basis
- Observation periods wholly inside each window, values as originally recorded.
- Origin
- Calculated (sum of published period values)
- Shown because
- Mapped to this kind of event
Private Residential Property Price Index, All Residential
index (2009Q1=100) · Value in the latest whole quarterly period inside each 365-day window
Before
213.2
Q4 2024, Q1 2025, Q2 2025
Coverage 273/365 days
After
219.4
Q4 2025, Q1 2026, Q2 2026
Coverage 273/365 days
Difference
+6.2
+2.9%
Qualified: whole periods cover 273/365 days before and 273/365 days after. Days outside a whole period are not counted and are not treated as zero.
Provenance
- Source
- Urban Redevelopment Authority
- Series kind
- INDEX
- Basis
- Observation periods wholly inside each window, values as originally recorded.
- Origin
- Source fact (latest whole period)
- Shown because
- Mapped to this kind of event
HDB Resale Price Index
index (2009Q1=100) · Value in the latest whole quarterly period inside each 365-day window
Before
202.9
Q4 2024, Q1 2025, Q2 2025
Coverage 273/365 days
After
202.8
Q4 2025, Q1 2026, Q2 2026
Coverage 273/365 days
Difference
-0.1
-0%
Qualified: whole periods cover 273/365 days before and 273/365 days after. Days outside a whole period are not counted and are not treated as zero.
Provenance
- Source
- Housing & Development Board
- Series kind
- INDEX
- Basis
- Observation periods wholly inside each window, values as originally recorded.
- Origin
- Source fact (latest whole period)
- Shown because
- Mapped to this kind of event
Concurrent planning and land activity
Land sales and other archive events dated inside the windows, listed by date only. Each land-sales line shows the site as the record stood on that day.
Before the effective date
64 lines
60 land-sales steps (16 awards) · 4 archive events
From the effective date
80 lines
77 land-sales steps (25 awards) · 3 archive events
Explore concurrent eventsHide concurrent events
Before (64)
18 July 2024 · Land sales
Canberra Crescent: Tender closedResidential · status on 18 July 2024: Tender closed, award pending
18 July 2024 · Land sales
De Souza Avenue: Tender closedResidential · status on 18 July 2024: Tender closed, award pending
18 July 2024 · Land sales
Zion Road (Parcel B): Tender closedResidential · status on 18 July 2024: Tender closed, award pending
1 August 2024 · Land sales
Margaret Drive: Tender closedResidential · status on 1 August 2024: Tender closed, award pending
1 August 2024 · Land sales
Jalan Loyang Besar: Tender closedExecutive Condominium housing · status on 1 August 2024: Tender closed, award pending
7 August 2024 · Land sales
Canberra Crescent: AwardedResidential · status on 7 August 2024: Awarded · awarded to Peak Nature Pte Ltd and Huatland Development Pte. Ltd. at S$279,000,800
7 August 2024 · Land sales
De Souza Avenue: AwardedResidential · status on 7 August 2024: Awarded · awarded to SL Capital (8) Pte Ltd at S$278,900,000
7 August 2024 · Land sales
Zion Road (Parcel B): AwardedResidential · status on 7 August 2024: Awarded · awarded to Valerian Residential Pte. Ltd. at S$730,088,888
7 August 2024 · Land sales
Margaret Drive: AwardedResidential · status on 7 August 2024: Awarded · awarded to Intrepid Investments Pte. Ltd., Hong Realty (Private) Limited and GuocoLand (Singapore) Pte. Ltd. at S$497,000,000
16 August 2024 · Land sales
Jalan Loyang Besar: AwardedExecutive Condominium housing · status on 16 August 2024: Awarded · awarded to CNQC Realty (Progressive) Pte. Ltd., Forsea Residence Pte. Ltd. and ZACD Laserblue Pte. Ltd. at S$557,000,000
19 August 2024 · Archive event
Singapore lowers the HDB housing-loan LTV limit from 80% to 75%Announced 19 August 2024
22 August 2024 · Land sales
Tampines Street 95: Launched for tender, moved from the Reserve List to the Confirmed ListExecutive Condominium housing · status on 22 August 2024: Tender open
12 September 2024 · Land sales
Faber Walk: Launched for tenderResidential · status on 12 September 2024: Tender open
13 September 2024 · Land sales
Jurong Lake District Master Developer site: Not awarded, moved to the Reserve ListWhite site · status on 13 September 2024: Tender not awarded
19 September 2024 · Land sales
Media Circle (long-stay serviced apartments): Tender closedResidential for long-stay serviced apartments only, with commercial at 1st storey · status on 19 September 2024: Tender closed, award pending
19 September 2024 · Land sales
Tampines Street 94: Tender closedMixed commercial and residential · status on 19 September 2024: Tender closed, award pending
26 September 2024 · Land sales
Chencharu Close: Launched for tender, Confirmed ListMixed commercial and residential, integrated with a bus interchange and a hawker centre · status on 26 September 2024: Tender open
3 October 2024 · Land sales
Media Circle (long-stay serviced apartments): Not awardedResidential for long-stay serviced apartments only, with commercial at 1st storey · status on 3 October 2024: Tender not awarded
10 October 2024 · Land sales
Tampines Street 94: AwardedMixed commercial and residential · status on 10 October 2024: Awarded · awarded to Hoi Hup Realty Pte Ltd and Sunway Developments Pte. Ltd. at S$668,280,000
16 October 2024 · Archive event
Singapore introduces the Standard, Plus and Prime flat classification for new BTO flats, with a 10-year MOP and subsidy recovery for Plus and PrimeEffective 16 October 2024
17 October 2024 · Land sales
Lentor Gardens (20,640.8 sqm parcel): Launched for tender, Confirmed ListResidential · status on 17 October 2024: Tender open
17 October 2024 · Land sales
River Valley Green (Parcel B): Launched for tender, Confirmed ListResidential with commercial at 1st storey, including long-stay serviced apartments · status on 17 October 2024: Tender open
17 October 2024 · Land sales
Marina Gardens Lane (6,007.4 sqm parcel): Released on the Reserve ListResidential with commercial at 1st storey · status on 17 October 2024: On the Reserve List
17 October 2024 · Land sales
Woodlands Drive 17 (EC): Released on the Reserve ListExecutive Condominium · status on 17 October 2024: On the Reserve List
24 October 2024 · Land sales
Tampines Street 95: Tender closedExecutive Condominium housing · status on 24 October 2024: Tender closed, award pending
8 November 2024 · Land sales
Tampines Street 95: AwardedExecutive Condominium housing · status on 8 November 2024: Awarded · awarded to Sim Lian Land Pte Ltd and Sim Lian Development Pte Ltd at S$465,000,000
19 November 2024 · Land sales
Faber Walk: Tender closedResidential · status on 19 November 2024: Tender closed, award pending
26 November 2024 · Land sales
Media Circle (Parcel A): Launched for tender, Confirmed ListResidential with commercial at 1st storey · status on 26 November 2024: Tender open
26 November 2024 · Land sales
Media Circle (Parcel B): Launched for tender, Confirmed ListResidential with commercial at 1st storey · status on 26 November 2024: Tender open
26 November 2024 · Land sales
Bayshore Road: Launched for tender, Confirmed ListResidential · status on 26 November 2024: Tender open
26 November 2024 · Land sales
Faber Walk: AwardedResidential · status on 26 November 2024: Awarded · awarded to GuocoLand (Singapore) Pte. Ltd., TID Residential Pte. Ltd. and Intrepid Investments Pte. Ltd. at S$349,857,988
3 December 2024 · Land sales
Holland Link: Launched for tender, Confirmed ListResidential · status on 3 December 2024: Tender open
3 December 2024 · Land sales
Holland Plain: Released on the Reserve ListResidential · status on 3 December 2024: On the Reserve List
3 December 2024 · Land sales
Chuan Grove: Launched for tender, Confirmed ListResidential · status on 3 December 2024: Tender open
3 December 2024 · Land sales
River Valley Green (Parcel C): Released on the Reserve ListResidential · status on 3 December 2024: On the Reserve List
14 January 2025 · Land sales
Dairy Farm Walk (21,881.8 sqm parcel): Tender closedResidential · status on 14 January 2025: Tender closed, award pending
14 January 2025 · Land sales
Tengah Garden Avenue: Tender closedResidential with commercial at 1st storey · status on 14 January 2025: Tender closed, award pending
21 January 2025 · Land sales
Dairy Farm Walk (21,881.8 sqm parcel): AwardedResidential · status on 21 January 2025: Awarded · awarded to SNC2 Realty Pte. Ltd., Apex Asia Alpha Investment Two Pte. Ltd., Soon Li Heng Civil Engineering Pte Ltd and Kay Lim Realty Pte. Ltd. at S$504,515,000
21 January 2025 · Land sales
Tengah Garden Avenue: AwardedResidential with commercial at 1st storey · status on 21 January 2025: Awarded · awarded to Intrepid Investments Pte. Ltd., CSC Land Group (Singapore) Pte. Ltd. and GuocoLand (Singapore) Pte. Ltd. at S$675,000,000
7 February 2025 · Land sales
River Valley Green (Parcel B): Tender closedResidential with commercial at 1st storey, including long-stay serviced apartments · status on 7 February 2025: Tender closed, award pending
7 February 2025 · Planning
Singapore reissues the CBD Incentive and Strategic Development Incentive schemes to 2030 and adds a conditional commercial conversion option in Anson and CecilAnnounced 7 February 2025
13 February 2025 · Land sales
River Valley Green (Parcel B): AwardedResidential with commercial at 1st storey, including long-stay serviced apartments · status on 13 February 2025: Awarded · awarded to GLL B Pte. Ltd. at S$627,835,896
4 March 2025 · Land sales
Media Circle (Parcel A): Tender closedResidential with commercial at 1st storey · status on 4 March 2025: Tender closed, award pending
5 March 2025 · Archive event
Singapore extends developer ABSD remission timelines for complex projects and the CORENET X qualifying periodAnnounced 5 March 2025
13 March 2025 · Land sales
Media Circle (Parcel A): AwardedResidential with commercial at 1st storey · status on 13 March 2025: Awarded · awarded to CNQC Realty (Bloomsbury) Pte. Ltd., Forsea Residence Pte. Ltd. and Hoovasun Holding Pte. Ltd. at S$315,000,000
18 March 2025 · Land sales
Bayshore Road: Tender closedResidential · status on 18 March 2025: Tender closed, award pending
21 March 2025 · Land sales
Senja Close: Launched for tender, moved from the Reserve List to the Confirmed ListExecutive Condominium residential · status on 21 March 2025: Tender open
28 March 2025 · Land sales
Bayshore Road: AwardedResidential · status on 28 March 2025: Awarded · awarded to Sing-Haiyi Garnet Pte. Ltd. at S$658,888,998
3 April 2025 · Land sales
Lentor Gardens (20,640.8 sqm parcel): Tender closedResidential · status on 3 April 2025: Tender closed, award pending
8 April 2025 · Land sales
Lakeside Drive: Launched for tender, Confirmed ListResidential with commercial at 1st storey · status on 8 April 2025: Tender open
8 April 2025 · Land sales
Dunearn Road: Launched for tender, Confirmed ListResidential · status on 8 April 2025: Tender open
8 April 2025 · Land sales
Woodlands Drive 17 (EC): Launched for tender, Confirmed ListExecutive Condominium · status on 8 April 2025: Tender open
9 April 2025 · Land sales
Lentor Gardens (20,640.8 sqm parcel): AwardedResidential · status on 9 April 2025: Awarded · awarded to Kingsford Huray Development Pte Ltd at S$429,230,000
29 April 2025 · Land sales
Media Circle (Parcel B): Tender closed, no bidsResidential with commercial at 1st storey · status on 29 April 2025: Tender closed, no bids received
13 May 2025 · Land sales
Chuan Grove (14,514.3 sqm parcel): Launched for tender, Confirmed ListResidential · status on 13 May 2025: Tender open
29 May 2025 · Land sales
Sembawang Road: Launched for tender, Confirmed ListExecutive Condominium housing · status on 29 May 2025: Tender open
29 May 2025 · Land sales
Hougang Avenue 10 / Hougang Central: Launched for tender, Confirmed ListMixed commercial and residential, integrated with a bus interchange · status on 29 May 2025: Tender open
3 June 2025 · Land sales
Lakeside Drive: Tender closedResidential with commercial at 1st storey · status on 3 June 2025: Tender closed, award pending
9 June 2025 · Land sales
Lakeside Drive: AwardedResidential with commercial at 1st storey · status on 9 June 2025: Awarded · awarded to CDL Polaris Properties Pte. Ltd. and CDL Polaris Commercial Pte. Ltd. at S$608,000,000
24 June 2025 · Land sales
Dorset Road: Launched for tender, Confirmed ListResidential · status on 24 June 2025: Tender open
24 June 2025 · Land sales
Upper Thomson Road (Parcel A), 2025 tender: Launched for tender, Confirmed ListResidential with commercial at 1st storey · status on 24 June 2025: Tender open
24 June 2025 · Land sales
Telok Blangah Road: Launched for tender, Confirmed ListResidential · status on 24 June 2025: Tender open
26 June 2025 · Land sales
Dunearn Road: Tender closedResidential · status on 26 June 2025: Tender closed, award pending
3 July 2025 · Land sales
Dunearn Road: AwardedResidential · status on 3 July 2025: Awarded · awarded to CSC Land Group (Singapore) Pte. Ltd., Sekisui House, Ltd. and Frasers Property Phoenix II Pte. Ltd. at S$491,454,208
After (80)
8 July 2025 · Land sales
Chuan Grove: Tender closedResidential · status on 8 July 2025: Tender closed, award pending
17 July 2025 · Land sales
Chuan Grove: AwardedResidential · status on 17 July 2025: Awarded · awarded to Sing Holdings Residential Pte. Ltd. and Sunway Developments Pte. Ltd. at S$703,600,000
29 July 2025 · Land sales
Holland Link: Tender closedResidential · status on 29 July 2025: Tender closed, award pending
5 August 2025 · Land sales
Senja Close: Tender closedExecutive Condominium residential · status on 5 August 2025: Tender closed, award pending
5 August 2025 · Land sales
Woodlands Drive 17 (EC): Tender closedExecutive Condominium · status on 5 August 2025: Tender closed, award pending
7 August 2025 · Land sales
Holland Link: AwardedResidential · status on 7 August 2025: Awarded · awarded to Sim Lian Land Pte Ltd and Sim Lian Development Pte Ltd at S$368,368,368
26 August 2025 · Land sales
Bukit Timah Road: Launched for tender, Confirmed ListResidential · status on 26 August 2025: Tender open
26 August 2025 · Land sales
Senja Close: AwardedExecutive Condominium residential · status on 26 August 2025: Awarded · awarded to CDL Constellation Pte. Ltd. at S$252,899,000
26 August 2025 · Land sales
Woodlands Drive 17 (EC): AwardedExecutive Condominium · status on 26 August 2025: Awarded · awarded to CDL Divine Pte. Ltd. at S$360,899,000
3 September 2025 · Archive event
Singapore extends the CORENET X qualifying period for the developer ABSD remission timeline extension to September 2026 and September 2027Announced 3 September 2025
4 September 2025 · Land sales
Chuan Grove (14,514.3 sqm parcel): Tender closedResidential · status on 4 September 2025: Tender closed, award pending
10 September 2025 · Land sales
Chuan Grove (14,514.3 sqm parcel): AwardedResidential · status on 10 September 2025: Awarded · awarded to Sing Holdings Residential Pte. Ltd. and Sunway Developments Pte. Ltd. at S$623,910,000
11 September 2025 · Land sales
Chencharu Close: Tender closedMixed commercial and residential, integrated with a bus interchange and a hawker centre · status on 11 September 2025: Tender closed, award pending
11 September 2025 · Land sales
Sembawang Road: Tender closedExecutive Condominium housing · status on 11 September 2025: Tender closed, award pending
18 September 2025 · Land sales
Bedok Rise: Launched for tender, Confirmed ListResidential · status on 18 September 2025: Tender open
18 September 2025 · Land sales
Cross Street (long-stay serviced apartments): Released on the Reserve ListResidential for long-stay serviced apartments only, with commercial at 1st storey · status on 18 September 2025: On the Reserve List
26 September 2025 · Land sales
Chencharu Close: AwardedMixed commercial and residential, integrated with a bus interchange and a hawker centre · status on 26 September 2025: Awarded · awarded to Evia MCS Pte. Ltd., Gamuda (Singapore) Pte. Ltd. and H108 Pte. Ltd. at S$1,012,588,990
26 September 2025 · Land sales
Sembawang Road: AwardedExecutive Condominium housing · status on 26 September 2025: Awarded · awarded to Oriental Pacific Development Pte. Ltd. at S$197,777,000
8 October 2025 · Land sales
Lorong Bistari: Launched for tenderMulti-Storey Next-Generation Driving Centre · status on 8 October 2025: Tender open
9 October 2025 · Land sales
Dorset Road: Tender closedResidential · status on 9 October 2025: Tender closed, award pending
16 October 2025 · Land sales
Dorset Road: AwardedResidential · status on 16 October 2025: Awarded · awarded to United Venture Development (2022) Pte. Ltd. at S$524,300,800
16 October 2025 · Land sales
Woodlands Drive 17 (26,979.9 sqm parcel): Launched for tender, Confirmed ListExecutive Condominium housing · status on 16 October 2025: Tender open
23 October 2025 · Land sales
Upper Thomson Road (Parcel A), 2025 tender: Tender closedResidential with commercial at 1st storey · status on 23 October 2025: Tender closed, award pending
31 October 2025 · Land sales
Upper Thomson Road (Parcel A), 2025 tender: AwardedResidential with commercial at 1st storey · status on 31 October 2025: Awarded · awarded to Wee Hur Property Pte Ltd and GSC Holdings Pte Ltd at S$613,939,000
4 November 2025 · Land sales
Telok Blangah Road: Tender closedResidential · status on 4 November 2025: Tender closed, award pending
11 November 2025 · Land sales
Bukit Timah Road: Tender closedResidential · status on 11 November 2025: Tender closed, award pending
20 November 2025 · Land sales
Telok Blangah Road: AwardedResidential · status on 20 November 2025: Awarded · awarded to Kingsford Huray Development Pte Ltd at S$918,300,400
21 November 2025 · Land sales
Bukit Timah Road: AwardedResidential · status on 21 November 2025: Awarded · awarded to HH Investment Private Limited at S$566,291,712
26 November 2025 · Land sales
Dairy Farm Walk (29,444.2 sqm parcel): Launched for tender, Confirmed ListResidential · status on 26 November 2025: Tender open
26 November 2025 · Land sales
Tanjong Rhu Road: Launched for tender, Confirmed ListResidential · status on 26 November 2025: Tender open
26 November 2025 · Land sales
Dover Drive: Launched for tender, Confirmed ListResidential with commercial at 1st storey · status on 26 November 2025: Tender open
27 November 2025 · Land sales
Bedok Rise: Tender closedResidential · status on 27 November 2025: Tender closed, award pending
1 December 2025 · Planning
Singapore gazettes Master Plan 2025 as its statutory land use planAnnounced 1 December 2025
2 December 2025 · Land sales
Bedok Rise: AwardedResidential · status on 2 December 2025: Awarded · awarded to Bellis Residential Pte. Ltd. at S$464,800,000
8 December 2025 · Land sales
Lentor Central (15,926.2 sqm parcel): Launched for tender, Confirmed ListResidential · status on 8 December 2025: Tender open
8 December 2025 · Land sales
Kallang Close: Launched for tender, Confirmed ListResidential · status on 8 December 2025: Tender open
8 December 2025 · Land sales
Dunearn Road (19,041.6 sqm parcel): Launched for tender, Confirmed ListResidential with commercial at 1st storey · status on 8 December 2025: Tender open
8 December 2025 · Land sales
Telok Ayer Street: Released on the Reserve ListHotel, with long-stay serviced apartments · status on 8 December 2025: On the Reserve List
16 December 2025 · Land sales
Hougang Avenue 10 / Hougang Central: Tender closedMixed commercial and residential, integrated with a bus interchange · status on 16 December 2025: Tender closed, award pending
23 December 2025 · Land sales
Miltonia Close: Launched for tender, Confirmed ListExecutive Condominium housing · status on 23 December 2025: Tender open
13 January 2026 · Land sales
Woodlands Drive 17 (26,979.9 sqm parcel): Tender closedExecutive Condominium housing · status on 13 January 2026: Tender closed, award pending
14 January 2026 · Land sales
Hougang Avenue 10 / Hougang Central: AwardedMixed commercial and residential, integrated with a bus interchange · status on 14 January 2026: Awarded · awarded to Horizon Residential Pte. Ltd. and Horizon Commercial Trustee Pte. Ltd. (as trustee of Horizon Commercial Trust) at S$1,500,738,338
20 January 2026 · Land sales
Woodlands Drive 17 (26,979.9 sqm parcel): AwardedExecutive Condominium housing · status on 20 January 2026: Awarded · awarded to Sim Lian Land Pte Ltd & Sim Lian Development Pte Ltd at S$484,000,000
22 January 2026 · Land sales
Dairy Farm Walk (29,444.2 sqm parcel): Tender closedResidential · status on 22 January 2026: Tender closed, award pending
28 January 2026 · Land sales
Dairy Farm Walk (29,444.2 sqm parcel): AwardedResidential · status on 28 January 2026: Awarded · awarded to ABR Holdings Limited, LWH Holdings Pte. Ltd., Macly Capital Pte Ltd and RP Ventures Pte Ltd at S$427,000,268
5 February 2026 · Land sales
Tanjong Rhu Road: Tender closedResidential · status on 5 February 2026: Tender closed, award pending
10 February 2026 · Land sales
Tanjong Rhu Road: AwardedResidential · status on 10 February 2026: Awarded · awarded to CDL Constellation Pte. Ltd. and Bedrock Ventures Pte. Ltd. at S$709,252,000
25 February 2026 · Land sales
Holland Plain: Launched for tender, Confirmed ListResidential · status on 25 February 2026: Tender open
25 February 2026 · Land sales
Morrison Lane: Released on the Reserve ListResidential with commercial at 1st storey · status on 25 February 2026: On the Reserve List
26 February 2026 · Land sales
Lorong Bistari: Tender closedMulti-Storey Next-Generation Driving Centre · status on 26 February 2026: Tender closed, award pending
3 March 2026 · Land sales
Lentor Central (15,926.2 sqm parcel): Tender closedResidential · status on 3 March 2026: Tender closed, award pending
3 March 2026 · Land sales
Lorong Bistari: AwardedMulti-Storey Next-Generation Driving Centre · status on 3 March 2026: Awarded · awarded to ComfortDelGro Driving Centre Pte. Ltd. at S$38,000,000
5 March 2026 · Land sales
Chitty Road and Veerasamy Road: Sale tender launched, outside the GLS listsResidential: 18 conserved two-storey buildings of 1927, within the existing envelope under the Conservation Guidelines · status on 5 March 2026: Tender open
6 March 2026 · Land sales
Lentor Central (15,926.2 sqm parcel): AwardedResidential · status on 6 March 2026: Awarded · awarded to GuocoLand (Singapore) Pte. Ltd., Intrepid Investments Pte. Ltd. and TID Residential Pte. Ltd. at S$657,100,000
16 March 2026 · Land sales
Town Hall Link: Released on the Reserve ListWhite site · status on 16 March 2026: On the Reserve List
26 March 2026 · Land sales
Dover Drive: Tender closedResidential with commercial at 1st storey · status on 26 March 2026: Tender closed, award pending
30 March 2026 · Land sales
Bayshore Drive: Launched for tender, Confirmed ListCommercial and residential · status on 30 March 2026: Tender open
31 March 2026 · Land sales
Dover Drive: AwardedResidential with commercial at 1st storey · status on 31 March 2026: Awarded · awarded to CNQC Realty (Prime) Pte. Ltd., Forsea Residence Pte. Ltd. and Jianan Realty Investments (1) Pte. Ltd. at S$951,000,999
7 April 2026 · Land sales
Kallang Close: Tender closedResidential · status on 7 April 2026: Tender closed, award pending
9 April 2026 · Land sales
Peck Hay Road: Launched for tender, Confirmed ListResidential · status on 9 April 2026: Tender open
9 April 2026 · Land sales
River Valley Green (Parcel C): Launched for tender, Confirmed ListResidential · status on 9 April 2026: Tender open
10 April 2026 · Land sales
Kallang Close: AwardedResidential · status on 10 April 2026: Awarded · awarded to Frasers Property Phoenix Pte. Ltd. and MJR Investment Pte. Ltd. at S$610,750,000
14 April 2026 · Land sales
Miltonia Close: Tender closedExecutive Condominium housing · status on 14 April 2026: Tender closed, award pending
21 April 2026 · Land sales
Miltonia Close: AwardedExecutive Condominium housing · status on 21 April 2026: Awarded · awarded to Hoi Hup Realty Pte Ltd at S$340,850,000
28 April 2026 · Land sales
Dunearn Road (19,041.6 sqm parcel): Tender closedResidential with commercial at 1st storey · status on 28 April 2026: Tender closed, award pending
4 May 2026 · Land sales
Dunearn Road (19,041.6 sqm parcel): AwardedResidential with commercial at 1st storey · status on 4 May 2026: Awarded · awarded to Winrich Investment Pte. Ltd. and Metrobilt Construction Pte Ltd at S$532,999,999
7 May 2026 · Land sales
Holland Plain: Tender closedResidential · status on 7 May 2026: Tender closed, award pending
8 May 2026 · Archive event
Singapore doubles the MOP for future EC projects, removes deferred payment and delays full privatisation to year 15Announced 8 May 2026
12 May 2026 · Land sales
Holland Plain: AwardedResidential · status on 12 May 2026: Awarded · awarded to Sim Lian Land Pte Ltd and Sim Lian Development Pte Ltd at S$454,000,000
15 May 2026 · Land sales
Berlayar Drive: Launched for tender, Confirmed ListResidential · status on 15 May 2026: Tender open
15 May 2026 · Land sales
New Upper Changi Road: Launched for tender, Confirmed ListResidential · status on 15 May 2026: Tender open
26 May 2026 · Land sales
Canberra Drive: Launched for tender, Confirmed ListExecutive Condominium housing · status on 26 May 2026: Tender open
11 June 2026 · Land sales
Peck Hay Road: Tender closedResidential · status on 11 June 2026: Tender closed, award pending
16 June 2026 · Land sales
Peck Hay Road: AwardedResidential · status on 16 June 2026: Awarded · awarded to CDL Constellation Pte. Ltd. and Garden Estates (Pte.) Limited at S$542,400,000
18 June 2026 · Land sales
River Valley Green (Parcel C): Tender closedResidential · status on 18 June 2026: Tender closed, award pending
23 June 2026 · Land sales
River Valley Green (Parcel C): AwardedResidential · status on 23 June 2026: Awarded · awarded to SMCL Haven 3 Pte. Ltd. and CSC Land Group (Singapore) Pte. Ltd. at S$750,569,199
25 June 2026 · Land sales
Lorong Puntong / Sin Ming Avenue: Launched for tender, Confirmed ListResidential · status on 25 June 2026: Tender open
25 June 2026 · Land sales
Kitchener Link: Released on the Reserve ListResidential · status on 25 June 2026: On the Reserve List
30 June 2026 · Land sales
Admiralty Walk: Launched for tender, Confirmed ListExecutive Condominium housing · status on 30 June 2026: Tender open
3 July 2026 · Land sales
Town Hall Link: Launched for tender, moved from the Reserve List to the Confirmed ListWhite site · status on 3 July 2026: Tender open
Methodology5 rules
- Comparison anchored to effective date: 4 July 2025. The anchor is the effective date where one is recorded, otherwise the announcement date.
- The windows are the same number of days on each side of the anchor, and the anchor day belongs to the after window.
- A series counts toward a window only for observation periods wholly inside it, with values as originally recorded, not as later revised.
- Where no whole period falls inside a window, no value and no difference is stated; a day no whole period covers is missing, never zero.
- Concurrent land sales and archive events are listed by date alone. Nothing on this page is attributed to the event.
Sources
The event's sources (3)
Primary sources3
Extension of the Holding Period of Seller's Stamp Duty and Higher SSD Rates for Residential Properties, 3 July 2025, with Table 1. Expressly reverts to the pre-2017 holding period and raises each tier by four percentage points.
Ministry of Finance · Primary source · Published 3 July 2025
Stamp Duties Act 1929 (Amendment of First and Third Schedules) Notification 2025
Attorney-General's Chambers (Singapore Statutes Online) · Primary source · Published 3 July 2025
Seller's Stamp Duty (SSD) for residential property
Inland Revenue Authority of Singapore · Primary source · Publication date not recorded
Event checked against its primary sources on 24 August 2026. Each claim keeps its own verification status.
Observed series come from the published statistics named on each card. Land-sales lines link to the site record and its releases.