Singapore Stamp Duty Calculator - Property Stamp Duty

Buyer's Stamp Duty (BSD):

• Applies to: All property purchases
• Rate Structure: Progressive rates from 1% to 4%
• Payment: Due within 14 days of signing Option to Purchase
• Calculation: Based on purchase price or market value (whichever is higher)

Additional Buyer's Stamp Duty (ABSD):

• Purpose: Property cooling measure to moderate demand
• Varies by: Buyer profile and property count
• Refund Conditions: May be refunded under certain circumstances
• Payment: Due within 14 days of signing Option to Purchase

Seller's Stamp Duty (SSD):

• Applies to: Properties sold within holding period
• Rates: 12% (Year 1), 8% (Year 2), 4% (Year 3)
• Purpose: Discourage short-term speculation
• Exemptions: HDB flats and certain circumstances

Progressive BSD Rates:

• First $180,000: 1%
• Next $180,000 ($180,001 - $360,000): 2%
• Next $640,000 ($360,001 - $1,000,000): 3%
• Above $1,000,000: 4%

BSD Calculation Examples:

• $500,000 property: $1,800 + $3,600 + $4,200 = $9,600
• $1,200,000 property: $1,800 + $3,600 + $19,200 + $8,000 = $32,600
• $2,000,000 property: $1,800 + $3,600 + $19,200 + $40,000 = $64,600

Singapore Citizens:

• First Property: 0% ABSD
• Second Property: 20% ABSD
• Third+ Property: 20% ABSD
• Spouse Consideration: Joint ownership affects property count

Singapore Permanent Residents:

• First Property: 5% ABSD
• Second Property: 25% ABSD
• Third+ Property: 25% ABSD
• Citizenship Path: ABSD refund possible upon citizenship

Foreigners:

• All Properties: 60% ABSD
• No Exemptions: Applies to first and subsequent properties
• High Barrier: Significant cost for foreign investment

Companies and Entities:

• All Properties: 65% ABSD
• Highest Rate: Most expensive category
• No Distinction: Same rate regardless of property count

SSD Rates by Holding Period:

• Within 1 Year: 12% of sale price or market value
• 1-2 Years: 8% of sale price or market value
• 2-3 Years: 4% of sale price or market value
• 3+ Years: No SSD

SSD Exemptions:

• HDB Flats: Not subject to SSD
• Industrial Properties: Exempt from SSD
• Inherited Properties: Holding period starts from original purchase
• En-bloc Sales: Involuntary sales are exempt

Payment Timeline:

• BSD & ABSD: Within 14 days of signing Option to Purchase
• Late Payment Penalty: 1.5% per month or part thereof
• Payment Methods: Online, bank transfer, or cashier's order
• IRAS Portal: Electronic payment preferred

Required Documents:

• Signed Option to Purchase or Sale & Purchase Agreement
• NRIC/Passport copies of all buyers
• Property details and valuation report
• Bank loan approval letter (if applicable)

What is the difference between BSD and ABSD?

BSD is a standard duty on all property purchases with progressive rates. ABSD is an additional duty that varies by buyer profile and property count, designed as a cooling measure.

Can ABSD be refunded?

Yes, ABSD can be refunded in certain circumstances such as when a PR becomes a citizen, or in cases of financial hardship with government approval.

When is stamp duty due?

Both BSD and ABSD are due within 14 days of signing the Option to Purchase. Late payment incurs a penalty of 1.5% per month.

Do I pay SSD when buying or selling?

SSD is paid by the seller if the property is sold within 3 years of purchase. It's calculated based on the holding period.

How is stamp duty calculated for joint purchases?

For joint purchases, stamp duty is calculated based on the total purchase price. ABSD rates depend on each buyer's profile and existing property ownership.