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Singapore Stamp duty For Selling & Buying

Buyer Stamp Duty for Singapore Residential Property

 Before 20 Feb 2018
1st $180,000 1%
2nd $180,000 2%
Subsequent Remainder 3%

Example:

Unit Purchase Price: $1,000,000

First $180,000 ($180,000 x 1%) $1,800
Second $180,000 ($180,000 x 2%) $3,600
Subsequent Remainder ($640,000 x 3%) $19,200
Stamp Duty Payable $24,600

 

 On or after 20 Feb 2018
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 Stamp Duty for Singapore Residential Property

Type of Buyer Rates from 12 Jan 2013
Singapore Citizen buying 1st Property 0%
Singapore Citizen buying 2nd Property 7%
Singapore Citizen buying 3rd or more Property 10%
Singapore Permanent Resident buying 1st Property 5%
Singapore Permanent Resident buying 2nd or more Property 10%
Foreigner or Entity 15%

 

Foreigners under Free Trade Agreements (FTAs)

 

Nationals and/or Permanent Residents of the following countries who fall within the scope of the respective FTAs will be accorded with the same treatment as SCs.

Nationals and Permanent Residents of:

  • Iceland
  • Liechtenstein
  • Norway
  • Switzerland

Nationals of:

  • United States of America

 

Seller Stamp Duty for Singapore Residential Property

 

Date of Purchase / Acquisition Rate for Seller Stamp Duty
Between 20 February 2010 and 29 August 2010 1st Year – Buyer Stamp Duty, 2nd Year Onwards – No Stamp Duty Payable
Between 30 August 2010 and 13 January 2011
(all inclusive)
1st Year – Buyer Stamp Duty2nd Year – 2/3 of Buyer Stamp Duty

3rd Year – 1/3 of Buyer Stamp Duty

4th Year Onwards – No Stamp Duty Payable

Between 14 January 2011 and 10 March 2017 1st Year – 16%2nd Year – 12%

3rd Year – 8%

4th Year – 4%

5th Year Onwards – No Stamp Duty Payable

On and after 11 March 2017 1st Year – 12%2nd Year – 8%

3rd Year – 4%

4th Year Onwards – No Stamp Duty Payable

 

Seller Stamp Duty for Singapore Industrial Property

 

Date of Purchase / Acquisition Rate for Seller Stamp Duty
On and after 12 January 2013 1st Year – 15%2nd Year – 10%

3rd Year – 5%

4th Year – No Stamp Duty Payable