Buyer’s Stamp Duty (BSD) and Additional Buyer’s Stamp Duty (ABSD)
Every buyer of private property in Singapore needs to pay Buyer’s Stamp Duty and in certain circumstances also Additional Buyer’s Stamp Duty (ABSD), for details refer to the tables below. We can help you to determine to compute those and share ways with you how to keep taxes to a minimum utilizing various legally permissible strategies. Let us show you how and book an appointment. (Note: We can’t give any specific tax advise).
Buyer’s Stamp Duty
| Purchase Price or Market Value of the Property | BSD Rates for Residential Properties | BSD Rates for Non-Residential Properties |
| First $180,000 | 1% | 1% |
| Next $180,000 | 2% | 2% |
| Next $640,000 | 3% | 3% |
| Remaining Amount | 4% |
Additional Buyer’s Stamp Duty
| Nationality | 1st Property | 2nd Property | 3rd+ Property |
| Singapore Citizens (SC) | N.A. | 12% | 15% |
| Permanent Residents (PR) | 5% | 15% | 15% |
| Foreigners | 20% | 20% | 20% |
| Entities / Companies | 25% | 25% | 25% |
Source: IRAS
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