Date: August 14, 2017
Similar to securities trading, the transaction costs include :
• prevailing brokerage commissions;
• clearing fee of 0.05% on the value of the contract (subject to a maximum of S$200); and
• Goods and Services Tax of 3% on brokerage commissions and clearing fees.
How Are Transactions In REITs Cleared And Settled?
Transactions in REITs are cleared and settled by CDP in the same manner as other securities listed on SGX, i.e. on the third business day after trade date, or T+3.
