Type of Stamp Duty | Applicable Rates |
Buyer’s Stamp Duty (BSD) | – First $180,000: 1% |
– Next $180,000: 2% | |
– Next $640,000: 3% | |
– Amount exceeding $1,000,000: 4% | |
Additional Buyer’s Stamp Duty (ABSD) | – Singapore Citizens (SC): |
– 1st property: None | |
– 2nd property: 20% | |
– 3rd and subsequent: 30% | |
– Singapore Permanent Residents (PR): | |
– 1st property: 5% | |
– 2nd property: 30% | |
– 3rd and subsequent: 35% | |
– Foreigners: | |
– All property purchases: 60% | |
Seller’s Stamp Duty (SSD) | – Up to 1 year: 12% |
– 1 to 2 years: 8% | |
– 2 to 3 years: 4% | |
– After 3 years: No SSD | |
Remission and Exemptions | Applicable for specific cases, such as: |
– Housing for spouses (joint tenants) | |
– Exemptions for certain government schemes |