Buyer Stamp Duty for Singapore Residential Property

First $180,000 1%
Next $180,000 2%
Next $640,000 3%
Remaining Amount 4%

Example:

Unit Purchase Price: $1,200,000

First $180,000 ($180,000 x 1%) $1,800
Next $180,000 ($180,000 x 2%) $3,600
Next ($640,000 x 3%) $19,200
Subsequent Remainder ($200,000 x 4%) $8,000
Stamp Duty Payable $32,600

Additional Buyer Stamp Duty for Singapore Residential Property

Type of Buyer Rates from 6 July 2018
Singapore Citizen buying 1st Property 0%
Singapore Citizen buying 2nd Property 12%
Singapore Citizen buying 3rd or more Property 15%
Singapore Permanent Resident buying 1st Property 5%
Singapore Permanent Resident buying 2nd or more Property 15%
Foreigner or Entity 20%

Foreigners under Free Trade Agreements (FTAs)

Nationals and/or Permanent Residents of the following countries who fall within the scope of the respective FTAs will be accorded with the same treatment as SCs.

Nationals and Permanent Residents of:

  • Iceland
  • Liechtenstein
  • Norway
  • Switzerland

Nationals of:

  • United States of America

 

Seller Stamp Duty for Singapore Residential Property

Date of Purchase / Acquisition Rate for Seller Stamp Duty
Between 20 February 2010 and 29 August 2010 1st Year – Buyer Stamp Duty

2nd Year Onwards – No Stamp Duty Payable

Between 30 August 2010 and 13 January 2011
(all inclusive)
1st Year – Buyer Stamp Duty

2nd Year – 2/3 of Buyer Stamp Duty

3rd Year – 1/3 of Buyer Stamp Duty

4th Year Onwards – No Stamp Duty Payable

Between 14 January 2011 and 10 March 2017 1st Year – 16%

2nd Year – 12%

3rd Year – 8%

4th Year – 4%

5th Year Onwards – No Stamp Duty Payable

On and after 11 March 2017 1st Year – 12%

2nd Year – 8%

3rd Year – 4%

4th Year Onwards – No Stamp Duty Payable

Seller Stamp Duty for Singapore Industrial Property

Date of Purchase / Acquisition Rate for Seller Stamp Duty
On and after 12 January 2013 1st Year – 15%

2nd Year – 10%

3rd Year – 5%

4th Year – No Stamp Duty Payable