Stamp Duty For Singapore Properties

Buyer's Stamp Duty (BSD):

Purchase Price or Market Value of the Property

BSD Rates for Residential Properties

First $180,000

1%

Next $180,000

2%

Next $640,000

3%

Remaining Amount

4%

Additional Buyer's Stamp Duty (ABSD):

Nationality

1st Property

2nd Property

3rd Property

Singapore Citizens

N.A.

12%

15%

Permanent Residents

5%

15%

15%

Foreigners

20%

20%

20%

Entities / Companies

25%

25%

25%

Please note that:

1. Stamp duty is rounded down to the nearest dollar.

2. Payable by cash or CPF

3. To be paid within 14 Days from Date of Exercising Option

4. Exempted Countries (under Free Trade Agreements):  Citizens of USA, Citizen and Permanent Residents of Norway, Liechtenstein, Switzerland, Iceland respectively.  First Property Purchase will be the same as Singapore Citizen.

 

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