Estimate Buyer’s Stamp Duty (BSD) and Additional Buyer’s Stamp Duty (ABSD) as part of the upfront funds required for your Singapore property purchase.
Estimates are a guide and do not confirm bank approval, legal treatment, tax treatment or transaction costs.
See the main buyer-side stamp duties that may form part of your property acquisition costs.
BSD is payable when you acquire property in Singapore and is calculated based on the higher of the purchase price or market value.
ABSD may apply to residential property purchases depending on factors such as the buyer’s residency status, existing residential property ownership and how the property is acquired.
Stamp duty can change materially depending on the buyers involved, properties already owned and the circumstances of the transaction.
Singapore Citizen, Permanent Resident and foreign buyer status can affect the applicable ABSD treatment. For joint purchases, each buyer’s profile should be considered.
The number of residential properties already owned can affect the ABSD rate applicable to your next purchase.
Use the correct purchase price, market value and transaction date, as the applicable rates and rules depend on the circumstances at the time of acquisition.
Use the calculator for initial budgeting, but confirm the applicable treatment where your ownership structure or transaction is more complex.
For joint purchases, the ownership position and buyer profile of each purchaser can affect the ABSD payable.
BSD and ABSD are generally calculated using the higher of the property’s purchase consideration or market value.
Transactions involving trusts, transfers between parties, decoupling, inheritance, matrimonial matters or potential remissions may require case-specific tax or legal advice.
Understand how BSD and ABSD may affect the upfront cost of purchasing property in Singapore.
Buyer’s Stamp Duty is a tax payable when you buy or acquire property in Singapore.
BSD is calculated progressively based on the higher of the property’s purchase price or market value. Residential properties are currently subject to marginal BSD rates of up to 6%.
ABSD is an additional duty that may apply when residential property is acquired in Singapore.
The applicable rate depends on factors including the buyer’s residency status, number of residential properties already owned and whether the buyer is an individual or an entity.
Under the prevailing ABSD framework, a Singapore Citizen purchasing a first residential property generally does not pay ABSD.
BSD remains payable.
The applicable rate depends on the buyer’s profile.
Under current rates, a Singapore Citizen purchasing a second residential property is generally subject to 20% ABSD, while a Singapore Permanent Resident purchasing a second residential property is generally subject to 30% ABSD.
Different rates apply to other buyer profiles and subsequent properties.
BSD and ABSD are generally calculated on the higher of the property’s purchase price or market value.
For example, buying a property below its assessed market value does not necessarily mean stamp duty will be calculated using the lower purchase price.
For a joint purchase involving buyers with different ABSD profiles, the highest applicable ABSD rate generally applies to the entire dutiable value of the residential property.
Certain married couples may qualify for ABSD remission where the prescribed conditions are met.
Potentially.
For example, an eligible married couple that includes a Singapore Citizen may qualify for ABSD remission or refund in specified circumstances.
For certain purchases of a second residential property, eligibility can depend on disposing of the first residential property within the prescribed timeframe and satisfying the other remission conditions.
It can.
An interest in a residential property may count towards the number of residential properties owned for ABSD purposes, even where the property is jointly owned or the buyer only holds a partial interest.
Your exact ownership position should therefore be checked before relying on an ABSD estimate.
Yes. Residential property acquired through certain trust arrangements is subject to specific ABSD rules. ABSD for transfers into a living trust may be payable upfront, with a refund available only where the relevant remission conditions are satisfied.
Trust transactions should be reviewed separately rather than relying solely on a standard individual-buyer calculator.
No. The calculator provides an estimate based on the information entered and the applicable assumptions.
The actual stamp duty can depend on the legal form of the transaction, market value, buyer profiles, property ownership history and whether any exemption, relief or remission applies. Complex cases should be confirmed against prevailing IRAS rules or with the relevant professional adviser.
Estimate your affordability after accounting for stamp duties and other upfront purchase costs.
