Buyer’s Stamp Duty
BSD is a tax paid on documents signed while purchasing or acquiring property in Singapore.
| Purchase Price or Market Value of the Property | BD Rates for Residential Properties | BD Rates for Non-Residential Properties |
|---|---|---|
|
First $180,000
|
1%
|
1%
|
|
Next $180,000
|
2%
|
2%
|
|
Next $640,000
|
3%
|
3%
|
|
Remaining Amount
|
4%
|
Additional Buyer’s Stamp Duty
In addition to the existing Buyer’s Stamp Duty, liable buyers must pay ABSD (BSD). ABSD and BSD are calculated based on the purchase price specified in the dutiable document or the property’s market value (whichever is the higher amount).
| Nationality | 1st Property | 2nd Property | 3rd Property |
|---|---|---|---|
|
Singapore Citizens
|
N.A.
|
12%
|
15%
|
|
Permanent Residents
|
5%
|
15%
|
15%
|
|
Foreigners
|
20%
|
20%
|
20%
|
|
Entities / Companies
|
25%
|
25%
|
25%
|