Stamp Duty

Buyer’s Stamp Duty

Purchase Price or Market Value of the PropertyBSD Rates for Residential PropertiesBSD Rates for Non-Residential Properties
First $180,0001%1%
Next $180,0002%2%
Next $640,0003%3%
Next $500,0004%4%
Next $1,500,0005%5%
Amount exceeding $3,000,0006%5%

IMPORTANT: New BSD rates with effect from 15 Feb 2023.

Additional Buyer’s Stamp Duty

Nationality1st Property2nd Property3rd Property
Singapore CitizensN.A.20%30%
Permanent Residents5%30%35%
Foreigners60%60%60%
Entities / Companies65%65%65%

IMPORTANT: New ABSD rates with effect from 27 Apr 2023.

From 9 May 2022 onwards, any transfer of residential property into a living trust will be subject to an ABSD rate that is the same as entities.  

 

Foreigners Eligible for ABSD Remission under Free Trade Agreements (FTAs)

Conditions for Remission:

Under the respective FTAs, Nationals or Permanent Residents of the following countries will be accorded the same Stamp Duty treatment as Singapore Citizens:

  1. Nationals and Permanent Residents of Iceland, Liechtenstein, Norway or Switzerland
  2. Nationals of the United States of America

 

References:

  1. Buyer’s Stamp Duty (BSD) https://www.iras.gov.sg/taxes/stamp-duty/for-property/buying-or-acquiring-property/buyer’s-stamp-duty-(bsd)
  2. Additional Buyer’s Stamp Duty (ABSD) https://www.iras.gov.sg/taxes/stamp-duty/for-property/buying-or-acquiring-property/additional-buyer’s-stamp-duty-(absd)
  3. Foreigners Eligible for ABSD Remission under Free Trade Agreements (FTAs) https://www.iras.gov.sg/taxes/stamp-duty/for-property/appeals-refunds-reliefs-and-remissions/common-stamp-duty-remissions-and-reliefs-for-property/foreigners-eligible-for-absd-remission-under-free-trade-agreements-(ftas)
    (You may select more than one unit type)
  • This field is for validation purposes and should be left unchanged.
error:
+ +
Chat Now!
1
Welcome to Grange 1866!
Hello! Thank you for visiting
💎 Grange 1866 💎

⭐️ 66% Sold!

⭐️ 1 Bedroom (527-700 sqft)
from $1,685,000

⭐️ 2 Bedroom (710-850 sqft)
from $2,250,000

⭐️ 2 Bedroom Premium (764-1,012 sqft)
from $2,441,000

🏆 60 Exclusive Luxurious Homes
🏆 Freehold in Prime District 10.
🏆 Modern and Timeless design.
🏆 Mins to Orchard MRT interchange.


*Pricing and availability subject to change anytime without prior notice.

Viewing By Appointment.
Chat with us Now to find out more!