Technically, a lease must be stamped before tenants sign it. However, for practical reasons, this almost never happens. In reality, a rental contract can still be stamped without penalty if it occurs in the following period: in the event of an increase in rent or an extension of the rental period, a stamp duty must be paid on the document on the basis of the increase in rent or rent for the duration of the extended rental. The amount of stamp duty depends on the monthly rent and the duration of your rental. Below is an example of an apartment with a total monthly rent of $3000 for a rental period of 18 and 24 months. The higher the rent and the longer the length of stay, the higher the amount of stamp duty to be paid. The rental fee calculator helps you determine the amount of stamp duty to be paid to IRAS for the signed rental agreement. This applies to any property rented by the owners to tenants. The tenants are, rightly, the ones who pay stamp duty. The party that is required to pay stamp duty is usually stated in the agreements. For example, if you are renting real estate, the rental agreement should indicate who must pay the stamp duty. Source: IRAS.

(This also applies if you can negotiate well, the landlord can refund or pay the amount of stamp duty for you, but the payment should always be made in the name of the tenant). I simplified the statement in the article. Thank you very much for the indication and the manifestation! Have a good day 🙂 In Singapore, a tenant must pay a tax (surprise!) in addition to the monthly rent and deposit when signing the lease. Also known as stamp duty, it must be paid if a tenant: it is an offence to use a rental agreement if their stamp duty has not been collected. The authorities (and the landlord) can take action against tenants who do not pay on time or who are completely unaware of the payment. For late payments not exceeding 3 months, a fine of $10 or an amount equal to the right to pay is imposed whichever is greater. This article is misleading. The rent of the space must also be stamped. Please read the IRAS website before publication. You have signed the lease and paid the first month`s rent and deposit. Before you move in, there`s another thing you need to take care of: stamp duty.

If your monthly rental fee is 2000 $US, here you will find an example of calculation to get the amount of the fee: Hello AL, you must insist that the tenant show you the stamp certificate. There is a website to verify the authenticity of the certificate. estamping.iras.gov.sg/WebForms/Home.aspx And yes, IRAS will come after you if stamp duty is not applied, it must take place within 14 days of signing TA, unless a late penalty is collected. However, in the event of a reduction in the rent or a reduction in the duration of the rental, the document does not have to be paid stamp duty. . . .