What is the Seller's Stamp Duty payable for Stella, who bought an apartment at $1,000,000 and resold it at $1,200,000 on the 15th month of ownership in Singapore?

If Stella bought her apartment at $1,000,000 and resold it at $1,200,000 on the 15th month of ownership, the Seller’s Stamp Duty (SSD) payable is 8% of the sale price, which amounts to $96,000. This rate applies to private residential properties bought between 11 March 2017 and 3 July 2025, where properties sold between more than 1 year but up to 2 years are subject to 8% SSD.