In the fast-paced real estate landscape of Singapore, PropNex stands as one of the largest and most respected agencies. When renting or leasing a property through this agency—or even if you are a private landlord seeking a compliant structure—the is often considered the "gold standard" for local tenancies.
It is standard practice in Singapore for the tenant to bear the cost of stamp duty, unless the tenancy agreement explicitly states otherwise. The stamp duty must be paid within 14 days of signing the agreement (or 30 days if signed overseas). Failure to do so results in penalties and interest charges from IRAS.
: A guarantee that the tenant can live in the property without interference from the landlord as long as rent is paid. 3. Professional Guidelines Commission Guidelines - Singapore - PropNex
If a dispute arises, you can try for a low fee, or if the claim is under S$20,000 , you can file a claim with the Small Claims Tribunal (SCT) , which is designed for such disputes without needing a lawyer.
The tenant is legally obligated to pay the Inland Revenue Authority of Singapore (IRAS) stamp duty within 14 days of signing to make the document legally binding in a court of law. Best Practices for Landlords and Tenants For Landlords: