Singapore

Registering Property in

Singapore

Listed below is a detailed summary of the steps, time and cost involved in registering property, assuming a standardized case of an entrepreneur who wants to purchase land and a building that is already registered and free of title dispute.

The information appearing on this page was collected as part of the Doing Business project, which measures and compares regulations relevant to the life cycle of a small- to medium-sized domestic business in 183 economies. The most recent round of data collection for the project was completed in June 2011.

  • Standard Property Transfer

  • Property Value: SGD 2,844,493.51
  • City: Singapore

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No. Procedure Time to Complete Associated Costs
1 Conduct various online searches and pay the Stamp Duty via electronic transfer online

Due diligence checks at several agencies can be done on-line through a one-stop portal called ‘Intereq’ (www.starsinfo.com.sg). They include:

• Inland Revenue Authority of Singapore (for Property Tax)
• Land Transport Authority (with respect to Rapid Transit System and Street Works on as to whether property is affected by Public Transport projects)
• National Environment Agency (Environmental Health Department and Pollution Control Department on whether the property is affected by public sewerage or environmental-health related projects)
• Public Utilities Board (on whether the property is affected by public utilities projects)
• Urban Redevelopment Authority (planning regulations).

A land register check at the Singapore Land Authority can be made online too at www.inlis.gov.sg.
A bankruptcy check is conducted online at www.lawnet.com.sg in order to ascertain if the seller is affected by winding up actions.
A company search (for the seller’s company) is also conducted online through www.lawnet.com.sg.
Finally, the stamp duty can be paid via online transfer at www.estamp.iras.gov.sg.

Once the necessary legal requisition has established that the title of the property is in order, a deposit for the property is paid. Thereafter, pursuant to Section 117 of the Land Titles Act, Chapter 157, a caveat should be lodged with SLA, once a deposit has been paid. The caveat serves as a precautionary step taken by the caveat or pending completion of his transaction as well as a notice to others that the caveator has an interest in the property. The caveat can be lodged online via its online registration system called STARS E-Lodgment at www.starsinfo.com.sg
The cost of lodging this Caveat Prior Completion is S$ 64.45

Once lodged, a caveat notice will usually be served on the owner of the property.




Agency: Portal at www.starsinfo.com.sg
3 days * Legal Requisition Fees (for transaction through the portal www.starsinfo.com.sg) - Inland Revenue Authority of Singapore: SDG43.93 + SDG3.07GST = SDG47 - Land Transport Authority : SDG10.50 +SDG0.74 GST = SDG11.24 - Ministry o
2 Lodge transfer at Singapore Land Authority

Transfer can be lodged online through SLA’s Singapore Titles Automated Registration System portal www.stars.gov.sg

Agency: Singapore Land Authority
1 (to 4 days) SGD 68.30