Stamp Duty

Stamp Duty is a tax on dutiable documents relating to any immovable property (“property”) in Singapore. The Singapore Government statutory board in charge of collecting the Stamp Duty is the Inland Revenue Authority of Singapore (IRAS).

Buyer’s Stamp Duty

The Table below shows how the Buyer Stamp Duty’s (BSD) rate is being calculated.

Purchase Price or Market Value of the PropertyBSD Rates for Residential PropertiesBSD Rates for Non-Residential Properties
First $180,0001%1%
Next $180,0002%2%
Next $640,0003%3%
Remaining Amount4%-

The Latest Buyer Stamp Duty’s (BSD) rate from Inland Revenue Authority of Singapore (IRAS) displayed here is with effect from 20 Feburary 2018.

Additional Buyer’s Stamp Duty

The Table below shows how the Additional Buyer Stamp Duty’s (ABSD) rate is being calculated.

Nationality1st Property2nd Property3rd Property
Singapore CitizensN.A.12%15%
Permanent Residents5%15%15%
Foreigners20%20%20%
Entities / Companies25%25%25%

The Latest Additional Buyer Stamp Duty’s (ABSD) rate from Inland Revenue Authority of Singapore (IRAS) displayed here is with effect from 6 July 2018. The ABSD is only applicable to the Purchase of Residential Properties in Singapore. Purchase of Commercial and Industrial Properties are not affected by ABSD.

Foreigners Eligible for Residential Property Additional Buyer Seller Duty Remission under Free Trade Agreements (FTAs)

As the Singapore Government has Free Trade Agreements (FTA) with some countries, and under the 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. That include Nationals and Permanent Residents of Iceland, Liechtenstein, Norway, Switzerland and Nationals of the United States of America.

It also means foreigners from the above mentioned countries do not need to pay ABSD for their first residential property in Singapore.

(All the Stamp Duty Rates for purchasing an unit in Rivière displayed here are for reference purposes. The Rates are subject to change from time to time by the Government of Singapore depending on the Property Market Sentiments without prior notice. This webpage cannot be held responsible for any inaccuracies, omissions and/or dispute.)

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