How is Buyer's Stamp Duty calculated in Singapore?

BSD is tiered and marginal: 1 percent on the first 180,000 dollars, 2 percent on the next 180,000, 3 percent up to 1 million, 4 percent up to 1.5 million, 5 percent up to 3 million, and 6 percent above that. It is charged on the higher of price or market value.

What is ABSD and who pays it?

Additional Buyer's Stamp Duty is a flat percentage on the full price, set by buyer profile. Citizens pay 0 percent on a first home, 20 percent on a second, and 30 percent on a third. Permanent residents pay 5 percent on a first home, and foreigners pay 60 percent on any residential purchase.

What is Seller's Stamp Duty?

SSD discourages quick flipping. If you sell residential property within the holding period you pay 12 percent for selling within one year, 8 percent within two years, 4 percent within three years, and nothing after three years, charged on the higher of price or value.

Do first-time buyers get an exemption?

There is no BSD exemption, but a Singapore citizen buying their first residential property pays 0 percent ABSD, which is the largest saving. Married couples may also claim ABSD remission in specific situations such as buying a matrimonial home together.

Are these rates current?

The tool uses residential BSD rates effective 15 February 2023, ABSD rates effective 27 April 2023, and SSD rates effective 11 March 2017. Singapore adjusts these periodically as cooling measures, so always confirm against the latest IRAS schedule.

Singapore Stamp Duty / Transfer Tax Calculator

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Buying property in Singapore means budgeting for transfer taxes that can dwarf the legal and agent fees — especially for second properties, permanent residents, and foreigners. This calculator computes the two buyer-side duties (BSD and ABSD) and the seller-side duty (SSD) using current IRAS rates, so you know the full tax bill before you commit.

How it works

Buyer’s Stamp Duty is tiered and marginal — each band of the price is taxed at its own rate:

First  $180,000   : 1%
Next   $180,000   : 2%   (to $360,000)
Next   $640,000   : 3%   (to $1,000,000)
Next   $500,000   : 4%   (to $1,500,000)
Next   $1,500,000 : 5%   (to $3,000,000)
Above  $3,000,000 : 6%

Additional Buyer’s Stamp Duty is a flat percentage on the whole price, chosen by buyer profile — for example 0 percent for a citizen’s first home, 20 percent for a citizen’s second, 5 percent for a PR’s first, and 60 percent for a foreigner. Seller’s Stamp Duty, if you are selling, is a flat rate by holding period: 12, 8, or 4 percent for sales within one, two, or three years, and zero after three years.

Example and notes

On a 1,500,000 dollar property, BSD comes to 44,600 dollars. A Singapore citizen buying a first home adds 0 ABSD, so the total is 44,600. A foreigner buying the same property adds 60 percent ABSD — 900,000 dollars — for a total of 944,600, which is why the profile selector matters so much.

All duty is charged on the higher of the purchase price and the market value. These rates are cooling-measure tools that the government revises from time to time, so treat the output as an estimate and confirm the live schedule with IRAS before budgeting.