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)

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

(Purchase price/ valuation)* x 3% - $5,400

(Purchase price/ valuation)* x 4% - $15,400

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

2nd & Subsequent

1st 

Entities

Foreigners 

Any Residential Property 

Any Residential Property

No ABSD payable

12%

15%

5%

15%

20%

25%

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.

 

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.