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Calculate how much stamp duty you’ll need to pay when buying a residential home.
Buyer Stamp Duty (BSD) is a tax imposed on the buyer when acquiring immovable property (residential or non-residential) in Singapore. It is calculated on the higher of the purchase price or the market value of the property.
Since 15 February 2023, BSD has become more progressive, with higher marginal rates for higher-value properties:
| Purchase Price / Market Value | BSD Rate (Residential) | BSD Rate (Non-Residential) |
|---|---|---|
| First $180,000 | 1% | 1% |
| Next $180,000 | 2% | 2% |
| Next $640,000 | 3% | 3% |
| Next $500,000 | 4% | 4% |
| Next $1,500,000 | 5% | 5% |
| Amount exceeding $3,000,000 | 6% | 5% |
BSD is always rounded down to the nearest dollar, with a minimum duty of $1.
Seller’s Stamp Duty is payable by property sellers only if they dispose of residential property within a specified holding period.
| Purchase Date | Holding Period | SSD Rate (within holding period) |
|---|---|---|
| Between 11 Mar 2017 – 3 Jul 2025 | Up to 1 year | 12% |
| >1 to ≤2 years | 8% | |
| >2 to ≤3 years | 4% | |
| >3 years | No SSD payable | |
| From 4 Jul 2025 onward | Up to 1 year | 16% |
| >1 to ≤2 years | 12% | |
| >2 to ≤3 years | 8% | |
| >3 to ≤4 years | 4% | |
| >4 years | No SSD payable |
SSD is rounded down to the nearest dollar, with a minimum duty of $1.
Note: The SSD does not apply to HDB flats due to the minimum occupation requirement of five years.
Additional Buyer’s Stamp Duty is an additional tax imposed on top of the standard Buyer’s Stamp Duty (BSD) when acquiring residential property in Singapore. It is calculated on the higher of the purchase price or the market value of the property.
| Buyer Profile | 1st Residential Property | 2nd Residential Property | 3rd & Subsequent Properties |
|---|---|---|---|
| Singapore Citizens | 0% | 20% | 30% |
| Permanent Residents (PR) | 5% | 30% | 35% |
| Foreigners | 60% | 60% | 60% |
Additional Buyer’s Stamp Duty applies only to residential property purchases and is charged in addition to Buyer’s Stamp Duty.
Buyer’s Stamp Duty is payable within 14 days from the date of purchase/acquisition. Definition of Date of Purchase refers to document executed as at the point of purchase:
• The date of exercise of the Option to Purchase (OTP) or the sale contract;
• The date of the Sale & Purchase Agreement (if no OTP is issued); or
• The date of transfer, if neither of the above applies.
For the purchase of an HDB flat, the stamp duty shall be payable within 14 days from HDB’s letter of in-principle approval.
Seller’s Stamp Duty must be paid within 14 days from the date the sale contract is executed. Late payment will result in penalties for both delayed stamping and settlement. No deferment of stamp duty payment is allowed.
You do not need to pay Buyer’s Stamp Duty (BSD), Additional Buyer’s Stamp Duty (ABSD), or Seller’s Stamp Duty (SSD) at the point of inheritance, because the property is transferred by way of inheritance rather than a purchase.
However, there are important points to note:
Buyer’s Stamp Duty / Additional Buyer’s Stamp Duty -> Not applicable upon inheritance.
Seller’s Stamp Duty -> Only applies if you sell the inherited property within the SSD holding period that started from the deceased’s original purchase date (not from the date you inherited it).
Stamp Duty may apply later if:
You buy out other beneficiaries’ shares in the inherited property (treated as a purchase).
You transfer the inherited property to someone else as part of a sale.
You may use your CPF Ordinary Account (OA) funds to cover stamp duty, legal fees, and other administrative charges. However, as Buyer’s Stamp Duty and Additional Buyer’s Stamp Duty must be paid within a short timeframe, you will need to make the payment in cash first and then seek reimbursement from your CPF OA. This is because the CPF Board is unable to release the funds within the required payment period.
Yes. If you are buying an HDB flat in Singapore, you will need to pay Buyer’s Stamp Duty (BSD), just like for private property purchases.
How it’s calculated: Based on the higher of the purchase price or market value of the flat.
When to pay: Within 14 days from the date stated in HDB’s Letter of In-Principle Approval.
Additional Buyer’s Stamp Duty (ABSD): You may also need to pay ABSD if you already own another residential property at the time of purchase.
