Type of Stamp Duty (Residential) – Sale/ Buy
1. Seller Stamp Duty (SSD)
2. Buyer Stamp Duty (BSD)
3. Additional Buyer Stamp Duty (ABSD)
4. Payment Method
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 :
Date of execution of Option to Purchase by the buyer to the seller’s offer to sell or
Date of transfer where (1) & (2) are not applicable
I. Rates for SSD (Residential Property)- Between 14 Jan 2011 to 10 Mar 2o17
SSD payable rate for property purchased on between 14 Jan 2011 to 10 Mar 2017 (both date inclusive), and sold or disposal within 4 years.
Holding Period SSD Rate(selling price/ valuation, whichever higher)
1st year / below 16 %
2nd year / more 12 %
than 1 year
3rd year / more 8 %
than 2 years
4th year / more 4 %
than 3 years
II. Rates for SSD (Residential Property)- On 11 Mar 2017 or after
SSD payable rate for property purchased on 11 Mar 2017 or after, and sold or disposal within 3 years.
Holding Period SSD Rate(selling price/ valuation, whichever higher)
1st year / below 12 %
2nd year / more 8 %
than 1 year
3rd year / more 4 %
than 2 years
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)
For property purchase price above $360,000
BSD = (Purchase price/ valuation)* x 3% – $5,400
For property purchase price above $1,000,000
BSD = (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)
Singapore Citizens
1st Residential Property – No ABSD payable
2nd Residential Property – 12%
3rd & Subsequent Residential Property – 15%
Singapore Permanent Residents
1st Residential Property – 5%
2nd & Subsequent Residential Property – 15%
Foreigners
Any Residential Property – 20%
(on buying price/ valuation, whichever higher)
ABSD Rate
Buyer’s Profile*
Entities
Any Residential Property – 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.
