Quora Answer: Do You Pay Capital Gains Tax When You Sell a House Managed by a Trust?

The following is my answer to a Quora question: “Do you pay capital gains tax when you sell a house managed by a trust?”

Singapore has no capital gains tax.  The realised gain from the sale of the property itself has not tax.  However, there are the conveyancing fees.  If the property is sold within four years, you would also need to pay the seller’s stamp duty, and this is a variable cost depending on many other factors.  In summary, while there is no tax liability for the realised gain itself, there are still costs and fees related to the sale of the property itself.