Lawyers generally submit the Notice of Transfer on behalf of the seller/transferor of the property using the online service 'Update Property Ownership' provided by IRAS.
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Obligation to File Notice

When any property is sold or transferred, the seller or transferor shall, within 1 month after the sale or transfer, give notice of the sale or transfer to IRAS.

Multiple Transferees

Where there is more than 1 owner, all correspondence relating to property tax matters will be addressed to the transferee/buyer indicated as the "Recipient of Property Tax Notices" in the the Notice of Transfer form submitted to IRAS. Lawyers are advised to confirm with the transferee/buyer the identified party to be receiving all property tax correspondence post property transfer, before filing.

Online Filing Service 'Update Property Ownership'

Lawyers are able to file the Notice of Transfer on behalf of the sellers/transferors via mytax.iras.gov.sg (Log in for Client Notice of Transfer with Singpass) at no cost.

Information required for filing includes:

  1. Sale and Purchase Agreement;
  2. Identification numbers of the transferees*;
  3. Nationalities, Sex, Mailing Addresses and Dates of Birth for non-Singapore Citizens; and
  4. Names (according to the identification documents) of non-Singapore Citizens.

*For correspondence and payment, IRAS will correspond with the transferee chosen to be the "Recipient of Property Tax Notices" in the Notice of Transfer form submitted.

Once your Notice of Transfer has been transmitted via the online service "Update Property Ownership", you will see an on-screen acknowledgement.

FAQs

If the property is owned by my client (A) and co-owner (B), when the co-owner (B) transferred his shares to my client (A), are we required to e-file a Notice of Transfer to IRAS?

Yes, you are required to e-file a Notice of Transfer to effect the change of sole property ownership to your client (A) for property tax purpose.

If company (A) is taken over by company (B), and the property owned by company (A) is also taken over by company (B), are we required to e-file a Notice of Transfer to inform IRAS that company (B) is the new property owner?

Yes, you are required to e-file a Notice of Transfer to effect the property ownership under company (B) for property tax purpose as there is a change of ownership.

I have e-filed a Notice of Transfer on behalf of the seller (A). However, the property sales is aborted subsequently and the property has been returned from the buyer (B) to the seller (A). How do we inform IRAS to update the property ownership to the seller (A)?

As the property sales has been cancelled and property ownership has changed from the buyer (B) to the seller (A), please e-file a Notice of Transfer to reflect the current ownership under the seller (A) for property tax purpose.

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