stamp duty
Stamp Duty in Singapore is a tax on property purchases. Buyers pay Buyer’s Stamp Duty (BSD), and depending on residency or how many homes you own, you may also pay Additional Buyer’s Stamp Duty (ABSD). If you sell within 3 years, Seller’s Stamp Duty (SSD) applies.
Buyer Stamp Duty (BSD)
Purchase Price | 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)
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
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
Holding Period | Seller's Stamp Duty |
|---|---|
Up to 1 Year | 16% |
Up to 2 Years | 12% |
Up to 4 Years | 4% |
Up to 3 Years | 8% |
More than 4 Years | 0% |
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% |