Buyer's Stamp Duty
Buyer's Stamp Duty (BSD) Is Tax Paid On Documents Signed When You Buy Or Acquire Property Located In Singapore
| Purchase Price / Market Value of The Property | Buyer Stamp Duty (BSD) % |
| First $180,000 | 1% |
| Next $180,000 | 2% |
| Next $640,000 | 3% |
| Remaining Amount | 4% |
- A cash discount is deductible from the purchase price.
- A non-cash benefit, such as furniture voucher, car or a lucky draw, rental guarantee, etc., the value of the advantages is not deductible from the purchase price.
Additional Buyer's Stamp Duty
Additional Buyer's Stamp Duty (ABSD) Is A Tax Charged On Second And Subsequent Property Purchases Located In Singapore
| Nationality | 1st Property | 2nd Property | Subsequent Property |
| Singapore Citizen | NA | 12% | 15% |
| Permanent Residents | 5% | 15% | 15% |
| Foreigners | 20% | 20% | 20% |
| Entities | 25% | 25% | 25% |
- Foreigners Eligible for ABSD Remission under Free Trade Agreements (FTAs)
- Conditions for Remission Under the respective FTAs, Nationals or Permanent Residents of the following countries will be accorded the same Stamp Duty treatment as Singapore Citizens:
- USA
- Iceland
- Norway
- Liechtenstein
- Switzerland
- Joint Purchase Made by a Married Couple who Does Not Own Any Residential Property
- A married couple with at least one SC spouse jointly purchasing a residential property, where both the spouses do not own any residential property at the time of purchase, can apply for full ABSD remission.
- Joint Purchase of Second Residential Property by a Married Couple
- A married couple with at least one SC spouse is eligible for ABSD refund on their second property if they sell their first property within 6 months after the date of purchase/TOP/CSC, whichever is applicable.
