Rates and valuation
SSD is 15% for disposal within one year, 10% after one year but within two, and 5% after two years but within three. It is not payable after three years under these bands. Use the higher of sale price or market value of the industrial interest. Interests acquired at different times need separate holding-period calculations; rezoning or a qualifying change to industrial use can reset the relevant acquisition date.
Special transfers and records
Inheritance generally uses the deceased’s acquisition date; qualifying matrimonial transfers have their own date rule. Statutory exemptions include specified compulsory acquisitions, bankruptcy or involuntary winding-up disposals and certain developer sales. Law firms must complete the industrial SSD declaration and retain it for at least five years, even though it is not routinely submitted to IRAS.
Official source
A concise, independent Apex Gateway guide based on the official English source, not a reproduction of the complete document. Consult the original for full conditions, exceptions and subsequent updates.
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