Stamp Duty

Stamp duty is a mandatory tax imposed on all property purchases in Singapore. There are two main types of stamp duty that may apply to homebuyers: Buyer’s Stamp Duty (BSD) and Additional Buyer’s Stamp Duty (ABSD).

BSD applies to all property purchases and is calculated based on the property’s purchase price or market value, whichever is higher. ABSD may apply depending on the buyer’s residency status and the number of properties owned.

Buyer's Stamp Duty (BSD)

Buyer's Stamp Duty (BSD)
Purchase price or market value, whichever is higher	Stamp Duty
First $180,000	1%
Next $180,000	2%
Next $640,000	3%
Next $500,000	4%
Next $1,500,000	5%
In excess of $3,000,000	6%

The Buyer Stamp Duty is applicable to all buyers purchasing a residential property in Singapore, including new launch condominiums, HDBs and uncompleted projects.

For a residential property of price or market value of $1 million or below, the buyer stamp duty can be calculated using the formula below:

BSD = (3% x Property Price) - $5,400

For a residential property of price or market value above $1 million and below $1.5 million, the buyer stamp duty can be calculated using the formula below:

BSD = (4% x Property Price) - $15,400

For a residential property of price or market value above $1.5 million and below $3 million, the buyer stamp duty can be calculated using the formula below:

BSD = (5% x Property Price) - $30,400

For a residential property of price or market value above $3 million, the buyer stamp duty can be calculated using the formula below:

BSD = (6% x Property Price) - $60,400

Additional Buyer's Stamp Duty (ABSD)

Additional Buyer's Stamp Duty (ABSD)
Profile Of Buyer	ABSD Rates
Profile Of Buyer	1st Property	2nd Property	3rd Property & Subsequent Purchase
Singapore Citizens	-	20%	30%
Singapore Permanent Residents	5%	30%	35%
Foreigners	60%	60%	60%
Corporate Entities / Trustee	65%	65%	65%

Under the respective FTAs, Nationals or Permanent Residents of the following countries will be accorded the same Stamp Duty treatment as Singapore Citizens:

Nationals and Permanent Residents of Iceland, Liechtenstein, Norway or Switzerland
Nationals of the United States of America

How Much BSD & ABSD Do I Need To Pay?

Single / Joint Purchase
Purchaser's Residency
Purchase Price	$
Properties Owned

BSD Payable	- (3% - $5,400)
ABSD Payable	- (0%)

Seller's Stamp Duty (SSD)

Seller’s Stamp Duty (SSD) is a tax imposed on property owners who sell their residential property within a minimum holding period after purchase. It was introduced in 2011 by the Singapore government to curb short-term speculation in the property market.

Initially, for properties purchased on or after 14 January 2011, SSD was payable if the property was sold within four years of acquisition.

Subsequently, the rules were revised: for properties acquired on or after 11 March 2017, the minimum holding period to avoid SSD was reduced to three years. This meant that owners could sell their property after three years without incurring SSD.

However, as part of the latest property cooling measures, the minimum holding period was adjusted back to four years for properties purchased on or after 4 July 2025.

Property owners are advised to take note of the applicable SSD rates and holding periods before planning any sale, as the charges can be significant if sold within the required period.

Seller's Stamp Duty (SSD) - Purchased on or after 04-Jul-2025

Seller's Stamp Duty (SSD) - Purchased on or after 04-Jul-2025
Holding Period	Seller's Stamp Duty
Up to 1 Year	16%
Up to 2 Years	12%
Up to 3 Years	8%
Up to 4 Years	4%
More than 4 Years	0%

Seller's Stamp Duty (SSD) - Purchased between 11-Mar-2017 to 03-Jul-2025

Seller's Stamp Duty (SSD) - Purchased between 11-Mar-2017 to 03-Jul-2025
Holding Period	Seller's Stamp Duty
Up to 1 Year	12%
Up to 2 Years	8%
Up to 3 Years	4%
More than 3 Years	0%

2 - 18 Dunman Road

1 to 5 bedroom units and Penthouses from $1.367M