{"id":62358,"date":"2022-12-07T15:58:01","date_gmt":"2022-12-07T07:58:01","guid":{"rendered":"https:\/\/www.99.co\/singapore\/insider\/?p=62358"},"modified":"2023-03-09T23:22:48","modified_gmt":"2023-03-09T15:22:48","slug":"signs-steps-find-out-house-unrealised-gains","status":"publish","type":"post","link":"https:\/\/www.99.co\/singapore\/insider\/signs-steps-find-out-house-unrealised-gains\/","title":{"rendered":"6 signs and steps to find out if your house has unrealised gains"},"content":{"rendered":"<div id=\"bsf_rt_marker\"><\/div><p>In the current robust property market, we\u2019ve heard a lot of <a href=\"https:\/\/www.99.co\/singapore\/insider\/recently-mop-ed-5-room-hdb-resale-flat-at-sembawang-sold-for-record-s745k\/\" target=\"_blank\" rel=\"noopener\">record-breaking sales<\/a> and come across news of homeowners <a href=\"https:\/\/www.99.co\/singapore\/insider\/top-5-nov-2022-condo-sales-capital-gains-ccr-rcr-ocr-holding\/\" target=\"_blank\" rel=\"noopener\">making a profit from selling their house<\/a>.<\/p>\n<p>As a homeowner, it\u2019s also time to consider whether you can <a href=\"https:\/\/go.99.co\/99gformblog\" target=\"_blank\" rel=\"noopener\">sell your house<\/a> at a high price and make a profit.<\/p>\n<h2>2 signs that your house has potential gains<\/h2>\n<h3>1. You notice a lot of viewings at your development<\/h3>\n<p>Been seeing a lot of unfamiliar people accompanied by another person wearing a lanyard coming to your development? This could be a property agent bringing potential buyers to viewings, who could potentially be your new neighbours.<\/p>\n<p>More importantly, this means someone in your development is selling their house. The number of people coming at different times for viewings also signals a demand for houses in the development.<\/p>\n<h3>2. You get many flyers from property agents asking you to sell your house<\/h3>\n<p>Typical flyers from property agents will usually list the recent transactions in the area. Some may also highlight the services provided, such as comparative market analysis and <a href=\"https:\/\/www.99.co\/singapore\/insider\/7-tips-home-staging-property-sellers-renovate-selling-buyers\/\" target=\"_blank\" rel=\"noopener\">home staging<\/a>, to help you upgrade (or right-size) and unlock your property value.<\/p>\n<p>Some flyers even go as far as to tell you how much your house can be sold for, based on our sister\u2019s brand <a href=\"https:\/\/www.srx.com.sg\/xvalue-pricing\" target=\"_blank\" rel=\"noopener\">SRX\u2019s X-Value<\/a>.<\/p>\n<p>Love it or hate it, flyers like these give you an idea of the demand for houses in your area and the estimated price range buyers are willing to pay.<\/p>\n<p>So if you haven\u2019t been checking your mailbox for a <em>very<\/em> long time, perhaps it\u2019s time to open it. And you might just find one or two flyers informing you the estimated value of your property.<\/p>\n<figure id=\"attachment_62373\" aria-describedby=\"caption-attachment-62373\" style=\"width: 1200px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2022\/12\/mailbox-stuffed-flyers.jpg\" class=\"img-link media-img img-link media-img\"><img decoding=\"async\" class=\"wp-image-62373 size-full\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2022\/12\/mailbox-stuffed-flyers.jpg\" alt=\"mailbox stuffed with flyers\" width=\"1200\" height=\"800\" srcset=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2022\/12\/mailbox-stuffed-flyers.jpg 1200w, https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2022\/12\/mailbox-stuffed-flyers-150x100.jpg 150w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/a><figcaption id=\"caption-attachment-62373\" class=\"wp-caption-text\"><em>&#8220;Woah so many flyers! Let&#8217;s see how much units in the area are sold for.&#8221; <\/em><\/figcaption><\/figure>\n<h2>How to check if you\u2019re sitting on potential gains?<\/h2>\n<h3>1. Use 99.co\u2019s Property Value Tool<\/h3>\n<p>The first thing you want to do is to use 99.co\u2019s <a href=\"https:\/\/www.99.co\/singapore\/property-value-tool\" target=\"_blank\" rel=\"noopener\">Property Value Tool<\/a>.<\/p>\n<p><iframe loading=\"lazy\" style=\"border: none; width: 350px !important; box-shadow: 0px 2px 12px rgb(11 17 52 \/ 15%); border-radius: 16px;\" src=\"https:\/\/www.99.co\/property-value-widget?contentSource=insider-blog&amp;contentId=signs-steps-find-out-house-unrealised-gains\" width=\"350\" height=\"370\" scrolling=\"no\"><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\">\ufeff<\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><\/span><\/iframe><\/p>\n<p>Simply key in your postal code and unit number to get an estimated property value.<\/p>\n<p>Powered by SRX\u2019s X-Value, the tool uses an automated valuation model that has access to relevant data and transactions from HDB, URA and property agencies. It also takes into account comparable attributes such as location, floor, size and age of the property.<\/p>\n<h3>2. Check recent transactions nearby<\/h3>\n<p>On top of using our Property Value Tool, you may also want to check recent transactions nearby.<\/p>\n<p>For HDB flats, you can check on the latest transactions via <a href=\"https:\/\/services2.hdb.gov.sg\/webapp\/BB33RTIS\/\" target=\"_blank\" rel=\"noopener\">HDB\u2019s Resale Flat Prices service<\/a>.<\/p>\n<p>For private properties, you can check on <a href=\"https:\/\/www.ura.gov.sg\/realEstateIIWeb\/transaction\/search.action\" target=\"_blank\" rel=\"noopener\">URA\u2019s e-service<\/a>.<\/p>\n<p>Alternatively, you can view the transaction history of the respective <a href=\"https:\/\/www.99.co\/singapore\/condos-apartments\" target=\"_blank\" rel=\"noopener\">condos on our website<\/a>.<\/p>\n<p><a href=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2022\/12\/reflections-at-keppel-bay-transaction-history.png\" class=\"img-link media-img img-link media-img\"><img decoding=\"async\" class=\"alignnone wp-image-62368\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2022\/12\/reflections-at-keppel-bay-transaction-history.png\" alt=\"transaction history of Reflections At Keppel Bay\" width=\"1200\" height=\"953\" srcset=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2022\/12\/reflections-at-keppel-bay-transaction-history.png 772w, https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2022\/12\/reflections-at-keppel-bay-transaction-history-150x119.png 150w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/a><\/p>\n<p>To illustrate, let\u2019s say you own a condo with a floor area of around 1,200 sq ft in the Bright Hill area. It was built in the 2000s.<\/p>\n<p>For a start, let\u2019s look at the recent transactions of comparable condos in the area to gauge how much you could sell your property.<\/p>\n<table>\n<tbody>\n<tr>\n<td><b>Condo name<\/b><\/td>\n<td><b>Blk and floor range<\/b><\/td>\n<td><b>Floor area (sq ft)<\/b><\/td>\n<td><b>Sale price<\/b><\/td>\n<td><b>Sale date<\/b><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/www.99.co\/singapore\/condos-apartments\/bishan-point\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Bishan Point<\/span><\/a><\/td>\n<td><span style=\"font-weight: 400;\">11th to 15th<\/span><\/td>\n<td><span style=\"font-weight: 400;\">1,270<\/span><\/td>\n<td><span style=\"font-weight: 400;\">S$1.78m\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Nov 2022<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\"><a href=\"https:\/\/www.99.co\/singapore\/condos-apartments\/the-gardens-at-bishan\" target=\"_blank\" rel=\"noopener\">The Gardens At Bishan<\/a>\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">6th to 10th<\/span><\/td>\n<td><span style=\"font-weight: 400;\">1,227<\/span><\/td>\n<td><span style=\"font-weight: 400;\">S$1.8m<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Oct 2022<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">The Gardens At Bishan\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">1st to 5th<\/span><\/td>\n<td><span style=\"font-weight: 400;\">1,227<\/span><\/td>\n<td><span style=\"font-weight: 400;\">S$1.8m<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Oct 2022<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">The Gardens At Bishan<\/span><\/td>\n<td><span style=\"font-weight: 400;\">11 to 15th<\/span><\/td>\n<td><span style=\"font-weight: 400;\">1,206<\/span><\/td>\n<td><span style=\"font-weight: 400;\">S$1.89m<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Oct 2022<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">The Gardens At Bishan\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">6th to 10th<\/span><\/td>\n<td><span style=\"font-weight: 400;\">1,227<\/span><\/td>\n<td><span style=\"font-weight: 400;\">S$1.8m<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Sep 2022<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">The Gardens At Bishan<\/span><\/td>\n<td><span style=\"font-weight: 400;\">16th to 20th<\/span><\/td>\n<td><span style=\"font-weight: 400;\">1,206<\/span><\/td>\n<td><span style=\"font-weight: 400;\">S$1.8m<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Sep 2022<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">The Gardens At Bishan<\/span><\/td>\n<td><span style=\"font-weight: 400;\">11th to 15th<\/span><\/td>\n<td><span style=\"font-weight: 400;\">1,206<\/span><\/td>\n<td><span style=\"font-weight: 400;\">S$1.86m<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Sep 2022<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">The Gardens At Bishan\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">6th to 10th<\/span><\/td>\n<td><span style=\"font-weight: 400;\">1,227<\/span><\/td>\n<td><span style=\"font-weight: 400;\">S$1.84m<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Sep 2022<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>You also can get an estimate of your property\u2019s value with our <a href=\"https:\/\/www.99.co\/singapore\/property-value-tool\" target=\"_blank\" rel=\"noopener\">Property Value Tool<\/a>.<\/p>\n\t<div style=\"display:none;\">listing is empty<\/div>\n\n<p>&nbsp;<\/p>\n<h3>3. Calculate how much you\u2019ve spent on the house<\/h3>\n<p>Based on the estimated value and the prices your neighbours have sold their houses for, it probably gets you thinking, <em>\u201cWoah, can I really earn that much profit?\u201d<\/em><\/p>\n<p>Let\u2019s say you bought the unit in 2002 for S$600,000. With a selling price of S$1.8 million, you can make a capital gain of S$1.2 million.<\/p>\n<p><a id=\"nopopup\" href=\"https:\/\/go.99.co\/99gformblog\" target=\"_blank\" rel=\"noopener\" class=\"img-link media-img img-link media-img\"><img decoding=\"async\" class=\"alignnone wp-image-62770 size-full\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2023\/01\/seller-lead-cta-banner-e1672816945355.jpg\" alt=\"Seller 99.co in-house CTA banner\" width=\"1200\" height=\"225\" srcset=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2023\/01\/seller-lead-cta-banner-e1672816945355.jpg 1200w, https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2023\/01\/seller-lead-cta-banner-e1672816945355-150x28.jpg 150w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/a>But wait, you\u2019ll still need to account for other costs incurred for owning the house! Don\u2019t just deduct the purchase price from the potential selling price to calculate your profit. That\u2019s just paper gain.<\/p>\n<p>Some of the costs you should include in your calculation are<\/p>\n<ul>\n<li><a href=\"https:\/\/www.99.co\/singapore\/insider\/property-jargon-of-the-day-buyers-stamp-duty-bsd\/\" target=\"_blank\" rel=\"noopener\">Buyer\u2019s Stamp Duty (BSD)<\/a><\/li>\n<li>Legal fees (also known as conveyancing fees)<\/li>\n<li>Renovation costs<\/li>\n<li><a href=\"https:\/\/www.99.co\/singapore\/insider\/property-tax-much-pay\/\" target=\"_blank\" rel=\"noopener\">Property tax<\/a><\/li>\n<li><a href=\"https:\/\/www.99.co\/singapore\/insider\/calculate-save-condo-maintenance-fees\/\" target=\"_blank\" rel=\"noopener\">Maintenance fee<\/a> (or <a href=\"https:\/\/www.99.co\/singapore\/insider\/hdb-service-conservancy-charges\/\" target=\"_blank\" rel=\"noopener\">Service and Conservancy Charges<\/a> for HDB flats)<\/li>\n<li>Home loan interest<\/li>\n<\/ul>\n<p>Here\u2019s an illustration of the breakdown of the estimated expenses incurred for owning the unit:<\/p>\n<p><a href=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2022\/12\/calculate-capital-gain-1.jpg\" class=\"img-link media-img img-link media-img\"><img decoding=\"async\" class=\"alignnone wp-image-62364\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2022\/12\/calculate-capital-gain-1.jpg\" alt=\"illustration on how to calculate estimated expenses spent on the house\" width=\"1200\" height=\"679\" srcset=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2022\/12\/calculate-capital-gain-1.jpg 1201w, https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2022\/12\/calculate-capital-gain-1-352x198.jpg 352w, https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2022\/12\/calculate-capital-gain-1-160x90.jpg 160w, https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2022\/12\/calculate-capital-gain-1-256x144.jpg 256w, https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2022\/12\/calculate-capital-gain-1-150x85.jpg 150w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/a><\/p>\n<p>If you\u2019re selling an HDB flat, you\u2019ll also need to take into account the following:<\/p>\n<ul>\n<li>1% <a href=\"https:\/\/www.99.co\/singapore\/insider\/commission-property-agents\/\" target=\"_blank\" rel=\"noopener\">property agent commission<\/a> if you\u2019ve engaged a buyer\u2019s agent (when <a href=\"https:\/\/www.99.co\/singapore\/sale\/hdb\" target=\"_blank\" rel=\"noopener\">buying a resale flat<\/a>)<\/li>\n<li>HDB upgrading costs if your block and flat went through the Lift Upgrading Programme (LUP) and\/or the <a href=\"https:\/\/www.99.co\/singapore\/insider\/property-jargon-of-the-day-home-improvement-programme\/\" target=\"_blank\" rel=\"noopener\">Home Improvement Programme (HIP)<\/a><\/li>\n<li><a href=\"https:\/\/www.99.co\/singapore\/insider\/property-jargon-of-the-day-resale-levy\/\" target=\"_blank\" rel=\"noopener\">Resale levy<\/a> if you\u2019re buying a second subsidised HDB flat (<a href=\"https:\/\/www.99.co\/singapore\/insider\/buying-bto-process-procedures-2\/\" target=\"_blank\" rel=\"noopener\">direct from HDB<\/a>, <a href=\"https:\/\/www.99.co\/singapore\/insider\/upcoming-executive-condo-sites-2022-2023-2024\/\" target=\"_blank\" rel=\"noopener\">new launch EC<\/a> or resale flat with subsidies) after selling this flat<\/li>\n<\/ul>\n<p>Last but not least, you\u2019ll also have to account for the 2.5% <a href=\"https:\/\/www.99.co\/singapore\/insider\/cpf-accrued-interest-affect-property-sale-proceeds\/\" target=\"_blank\" rel=\"noopener\">CPF accrued interest<\/a> if you\u2019ve used your CPF monies to pay your house, whether it\u2019s downpayment, monthly instalments or <a href=\"https:\/\/www.99.co\/singapore\/insider\/hdb-grants-for-couples\/\" target=\"_blank\" rel=\"noopener\">HDB grants<\/a>.<\/p>\n<p>In the illustration above, we assume that you didn\u2019t use your CPF monies to pay for your house.<\/p>\n<p>Do note that the accrued interest goes back into your CPF account, and can still be used to pay for your next property purchase.<\/p>\n<h3>4. Calculate how much you\u2019ll need to spend to sell the house<\/h3>\n<p>Don\u2019t forget to consider how much you\u2019ll need to spend to sell the house too! This is mainly the <a href=\"https:\/\/www.99.co\/singapore\/insider\/property-conveyancing-singapore\/\" target=\"_blank\" rel=\"noopener\">conveyancing fees<\/a> and property agent commission.<\/p>\n<figure id=\"attachment_44300\" aria-describedby=\"caption-attachment-44300\" style=\"width: 1200px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2021\/10\/couple-house-viewing-with-agent.jpg\" class=\"img-link media-img img-link media-img\"><img decoding=\"async\" class=\"wp-image-44300\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2021\/10\/couple-house-viewing-with-agent.jpg\" alt=\"Agent showing potential buyers the unit for sale\" width=\"1200\" height=\"800\" srcset=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2021\/10\/couple-house-viewing-with-agent.jpg 1000w, https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2021\/10\/couple-house-viewing-with-agent-150x100.jpg 150w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/a><figcaption id=\"caption-attachment-44300\" class=\"wp-caption-text\">A property agent can help you market and negotiate for a higher price.<\/figcaption><\/figure>\n<p>Here\u2019s an illustration of the estimated expenses to sell the house:<\/p>\n<p><a href=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2022\/12\/calculate-capital-gain-2.jpg\" class=\"img-link media-img img-link media-img\"><img decoding=\"async\" class=\"alignnone wp-image-62365\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2022\/12\/calculate-capital-gain-2.jpg\" alt=\"illustration on how to calculate estimated expenses to sell the house\" width=\"1200\" height=\"338\" srcset=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2022\/12\/calculate-capital-gain-2.jpg 1201w, https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2022\/12\/calculate-capital-gain-2-150x42.jpg 150w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/a><\/p>\n<p>If you sell within three years, you\u2019ll also need to consider the <a href=\"https:\/\/www.99.co\/singapore\/insider\/property-jargon-of-the-day-sellers-stamp-duty-ssd\/\" target=\"_blank\" rel=\"noopener\">Seller\u2019s Stamp Duty<\/a>. It\u2019s not applicable in this illustration because the holding period is 20 years.<\/p>\n<h3>How much you\u2019ll gain from selling the house<\/h3>\n<p>By deducting these expenses, you can then find out how much you\u2019ll gain from selling the house.<\/p>\n<p>Here\u2019s an example of the calculation to get the estimated gain:<\/p>\n<p><a href=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2022\/12\/calculate-capital-gain-3.jpg\" class=\"img-link media-img img-link media-img\"><img decoding=\"async\" class=\"alignnone wp-image-62366\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2022\/12\/calculate-capital-gain-3.jpg\" alt=\"illustration on how to calculate estimated gain of the house\" width=\"1200\" height=\"396\" srcset=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2022\/12\/calculate-capital-gain-3.jpg 1201w, https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2022\/12\/calculate-capital-gain-3-150x49.jpg 150w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/a><\/p>\n<p>Given the current hot property market, it\u2019s timely to look into the recent transactions nearby and consider selling it to unlock the gains, especially if you have owned it for at least 10 years.<\/p>\n<p>As we\u2019ve shown in an earlier <a href=\"https:\/\/www.99.co\/singapore\/insider\/top-5-nov-2022-condo-sales-capital-gains-ccr-rcr-ocr-holding\/\" target=\"_blank\" rel=\"noopener\">article on capital gains made by homeowners in November<\/a>, 20 of the 30 sellers who held onto their properties for more than 10 years realised triple-digit-percentage gains. Depending on your needs, the capital gain can be used to <a href=\"https:\/\/www.99.co\/singapore\/insider\/upgrading-hdb-condo-ultimate-guide\/\" target=\"_blank\" rel=\"noopener\">upgrade<\/a> or <a href=\"https:\/\/www.99.co\/singapore\/insider\/7-reasons-why-sell-right-size-property\/\" target=\"_blank\" rel=\"noopener\">right-size<\/a>.<\/p>\n<h2>Thinking of selling your house? Let us know in the comments section below or <a href=\"https:\/\/go.99.co\/99gformblog\" target=\"_blank\" rel=\"noopener\">get in touch with a property consultant<\/a>.<\/h2>\n<p>If you found this article helpful, 99.co recommends <a href=\"https:\/\/www.99.co\/singapore\/insider\/reflections-at-keppel-bay-unit-sold-s6-6m-higher-just-over-a-year\/\" target=\"_blank\" rel=\"noopener\">Reflections At Keppel Bay unit sold S$6.6m higher in just over a year<\/a> and <a href=\"https:\/\/www.99.co\/singapore\/insider\/districts-most-profitable-sales-hdb-condo-landed\/\" target=\"_blank\" rel=\"noopener\">Top districts with the most profitable sales (for HDB, condo and landed) in the last 5 years<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the current robust property market, we\u2019ve heard a lot of record-breaking sales and come across news of homeowners making a profit from selling their house. As a homeowner, it\u2019s also time to consider whether you can sell your house at a high price and make a profit. 2 signs that your house has potential&hellip;<\/p>\n","protected":false},"author":111,"featured_media":62367,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","_lmt_disableupdate":"no","_lmt_disable":"no","_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[53593],"tags":[55756,57464,55332,57463,53680],"persona":[57127],"class_list":{"2":"type-post","14":"entry","15":"has-post-thumbnail"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.7.1 (Yoast SEO v25.7) - 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