| Purchase Price or Market Value of the Property | BSD Rates |
|---|---|
| First $180,000 | 1% |
| Next $180,000 | 2% |
| Next $640,000 | 3% |
| Next $500,000 | 4% |
| Next $1,500.000 | 5% |
| Remaining Amount | 6% |
Find out applicable stamp duties and calculate the amounts.
*FOR RESIDENTIAL PROPERTIES ONLY
1. BUYER'S STAMP DUTY (BSD) :
*BSD for documents executed for the sale and purchase of property located in Singapore.
BSD will be computed on the purchase price as stated in the document to be stamped
or market value of the property (whichever is the higher amount).
**With effect from 15 Feb 2023,
there are differentiated BSD rates between residential and non-residential properties.
The BSD rate for acquisition of residential properties on or after 15 Feb 2023 is up to 6%.
| Purchase Price or Market Value of the Property | BSD Rates |
|---|---|
| First $180,000 | 1% |
| Next $180,000 | 2% |
| Next $640,000 | 3% |
| Next $500,000 | 4% |
| Next $1,500.000 | 5% |
| Remaining Amount | 6% |
2. ADDITIONAL BUYER'S STAMP DUTY (ABSD) :
*The ABSD liability will depend on the profile of the buyer as at the date of purchase
or acquisition of the property and the count of residential properties owned by the buyer.
Affected buyers are required to pay ABSD on top of the existing Buyer’s Stamp Duty (BSD).
| Buyer's Profile | ABSD Rates from 26 Apr 2023 |
|---|---|
| Singapore Citizens (SC) buying first residential property | 0% |
| SC buying second residential property | 20% |
| SC buying third and subsequent residential property | 30% |
| Singapore Permanent Residents (SPR) buying first residential property | 5% |
| SPR buying second residential property | 30% |
| SPR buying third and subsequent residential property | 35% |
| Foreigners (FR) buying any residential property | 60% |
| Entities or Trustees buying any residential property | 65% |
| Developers buying residential properties | *Please refer to the IRAS website |
*Please refer to the IRAS website for more information on exemptions, remissions, refunds, reliefs, or other applicable liabilities.
1. SELLER'S STAMP DUTY (SSD) :
*SSD is payable on all residential properties and residential lands that are bought
on or after 20 Feb 2010 and sold within the holding period. SSD is based on the dates of:
(1) exercise of Option to Purchase by the buyer or
(2) Sale & Purchase Agreement signed by the buyer or
(3) transfer where (1) and (2) are not available nor applicable.
*For residential properties bought On and after 11 Mar 2017:
| Holding Period | SSD Rate (on the actual price or market value, whichever is higher) |
|---|---|
| Up to 1 year | 12% |
| More than 1 year and up to 2 years | 8% |
| More than 2 years and up to 3 years | 4% |
| More than 3 years | No SSD paybale |
*Please refer to the IRAS website for more information on exemptions, remissions, refunds, reliefs, or other applicable liabilities.
Stamp Duty on leases is payable based on the declared rental or the market rental,
whichever is higher, at the Lease Duty rates.
*Based on lease with fixed rent :
| Average Annual Rent (AAR) | Lease Duty Rates |
|---|---|
| AAR does not exceed $1,000 | Exempted |
| AAR exceeds $1,000 with lease period of 4 years or less | 0.4% of total rent for the period of the lease |
| AAR exceeds $1,000 with lease period of more than 4 years or for any indefinite term | 0.4% of 4 times the AAR for the period of the lease |
*Disclaimer:
The information contained herein is for general information purposes only.
While I endeavour to keep the information up to date and correct, I make no representations or warranties of any kind, express or implied,
about its completeness, accuracy, reliability or suitability. Visit the links at the bottom of this page for full disclaimers,
terms of use and privacy statement.