Stamp Duty (Residential) - Sale/ Buy
Seller Stamp Duty (SSD)
SSD is payable if a residential property purchased on or after 20 Feb 2010 and the residential property sold within the holding period.
Date of Sale/ Disposal based on :
(1) Date of execution of Option to Purchase by the buyer to the seller's offer to sell or
(2) Date of Sale & Purchase Agreement signed by the seller & buyer or
(3) Date of transfer where (1) & (2) are not applicable
Rates for SSD (Residential Property)- On 11 Mar 2017 or after
HOLDING PERIOD
SSD RATES
(on SELLING price/ valuation, whichever higher)
1st year/ below
2nd year/ more than 1 year
3rd year/ more than 2 years
12%
8%
4%
Buyer Stamp Duty (BSD)
* updated 14 Feb 23
BSD is payable when you buy or acquire property in Singapore.
Rates for BSD (Residential Property)
*BSD payable rate based on purchased price / valuation of the property (whichever is higher)
PROPERTY PURCHASE PRICE
RATES
Above $360,000
Above $1,000,000
Above $1,500,000
Above $3,000,000
(Purchase price/ valuation)* x 3% - $5,400
(Purchase price/ valuation)* x 4% - $15,400
(Purchase price/ valuation)* x 5% - $30,400
(Purchase price/ valuation)* x 6% - $60,400
Additional Buyer Stamp Duty (ABSD) remains payable by buyers in addition to BSD for certain buyers' profiles.
Click here to see if you need to pay ABSD.
Additional Buyer Stamp Duty (ABSD)
Date of Purchase/ Acquisition based on :
Date of execution of the Acceptance to the Option to purchase or
Date of Sale & Purchase Agreement or
Date of transfer where (1) & (2) are not applicable
Rates for ABSD (Residential Property)
ABSD payable rate based on purchased price / valuation of the property (whichever is higher)
BUYER'S PROFILE*
RESIDENTIAL PROPERTY
ABSD RATES
(on BUYING price/ valuation, whichever higher)
Singapore Citizens
1st
2nd
3rd & Subsequent
Singapore Permanent Residents
1st
2nd
3rd & Subsequent
Foreigners
Entities
Any Residential Property
Any Residential Property
No ABSD payable
20%
30%
5%
30%
35%
60%
65%
Plus additional 5% for housing developer (non-remittable)
*Residency Status of Buyer
In order to enjoy lower ABSD for buyer who has applied for Singapore Citizenship or Singapore Permanent Residency, he MUST have obtained the formal approval from the ICA for that residency
status as at the date of purchase.
BSD/ ABSD using CPF (For purchase private property only)
Stamp duty has to be paid within 14 days of exercising the OTP. CPF requires 6-8 weeks to process the application to use CPF funds. In that case, stamp duty has to be paid with OWN FUNDS (i.e Cash) first, then you can apply reimbursement from CPF.
Payment Method
Buyer stamp duties (BSD) and Additional Buyer Stamp Duty (ABSD) can be paid from your CPF Ordinary Account.
This can be in the form of reimbursement, meaning that you first pay up in cash, and receive the amount paid at a later date from your CPF.
For purchase of a property that is still under construction, legal and stamp fees can be paid directly from CPF.