A buyer of property in Singapore is subject to the following taxes:
- Ìý
•ÌýÌýÌýÌý Buyer's Stamp Duty (BSD)
- Ìý
•ÌýÌýÌýÌý Additional Buyer's Stamp Duty (ABSD)
- Ìý
•ÌýÌýÌýÌý Mortgage Duty
Each of these is discussed in further detail below.
Buyer's stamp duty (BSD)
BSD is payable on the acquisition of properties in Singapore. This is regardless of the nationality status of the applicant. BSD is computed based on the purchase price or market value of the property, whichever is higher (rounded down to the nearest dollar, subject to a minimum duty of SGD 1). The BSD rates (with effect from 15 February 2023) are as follows:
Purchase price or market Value of the property (SGD) | BSD rates for residential properties (%) |
First SGD 180,000 | 1% |
Next SGD 180,000 | 2% |
Next SGD 640,000 | 3% |
Next SGD 500,000 | 4% |
Next SGD 1,500,000 | 5% |
Remaining amount | 6% |
Additional buyer's stamp duty (ABSD)
In addition to BSD,
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Web page updated on 17 Mar 2025 13:28