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🇸🇬Singapore

Singapore Stamp Duty Calculator

Calculate Buyer's Stamp Duty and Additional Buyer's Stamp Duty for Singapore properties.

S$

Results

Buyer's Stamp Duty (BSD)S$24,600
Additional BSD (ABSD)S$0
Total Stamp DutyS$24,600
Total Cost (Price + Duty)S$1.02M
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What is Singapore Stamp Duty?

The Singapore Stamp Duty Calculator computes both Buyer's Stamp Duty (BSD) and Additional Buyer's Stamp Duty (ABSD) for property purchases in Singapore. Property stamp duty is one of the most significant upfront costs when buying a home or investment property in Singapore.

BSD (Buyer's Stamp Duty) applies to ALL property purchases in Singapore, regardless of buyer profile. It is calculated on a progressive scale from 1% to 6% based on the property price or market value, whichever is higher. For a S$1 million property, BSD is approximately S$24,600.

ABSD (Additional Buyer's Stamp Duty) is Singapore's property cooling measure, introduced in 2011 and revised multiple times. ABSD rates depend heavily on your residency status and number of properties owned. Singapore Citizens buying their first residential property pay 0% ABSD, but a foreigner buying any residential property pays a steep 60% ABSD. This makes Singapore one of the most expensive markets for foreign property buyers.

ABSD rates (from April 2023): SC 1st property: 0%, SC 2nd: 20%, SC 3rd+: 30%. PR 1st: 5%, PR 2nd: 30%, PR 3rd+: 35%. Foreigners: 60%. Entities/trusts: 65%.

Stamp duty must be paid within 14 days of signing the Option to Purchase (OTP) or Sale & Purchase Agreement. Late payment incurs penalties. Stamp duty can be paid using CPF OA (for residential property) or cash.

For property investment analysis, consider using our Singapore Income Tax Calculator to understand rental income taxation.

Formula

BSD (Buyer's Stamp Duty) Rates:

First S$180,000: 1% Next S$180,000 (S$180,001–S$360,000): 2% Next S$640,000 (S$360,001–S$1,000,000): 3% Next S$500,000 (S$1,000,001–S$1,500,000): 4% Next S$1,500,000 (S$1,500,001–S$3,000,000): 5% Above S$3,000,000: 6%

ABSD Rates (from April 2023): - SC 1st property: 0% - SC 2nd property: 20% - PR 1st property: 5% - Foreigner (any): 60%

Worked Example — S$1,000,000 condo, SC first property: BSD: S$180K×1% + S$180K×2% + S$640K×3% = S$1,800 + S$3,600 + S$19,200 = S$24,600 ABSD: S$0 (SC first property) Total: S$24,600

Same condo, Foreigner: BSD: S$24,600 ABSD: S$1,000,000 × 60% = S$600,000 Total: S$624,600 (62.5% of property price!)

How to use this Singapore Stamp Duty Calculator?

1. Enter Property Price: The purchase price or market value, whichever is higher.

2. Select Buyer Type: 1 = Singapore Citizen, 1st property (0% ABSD) 2 = Singapore Citizen, 2nd property (20% ABSD) 3 = Permanent Resident, 1st property (5% ABSD) 4 = Foreigner (60% ABSD)

3. Results show BSD, ABSD, total stamp duty, and total acquisition cost.

Note: This covers residential property. Commercial and industrial properties have different (lower) stamp duty rates and are not subject to ABSD.

Frequently asked questions

How much stamp duty for a S$1 million condo?
For a Singapore Citizen buying their first property: BSD only = S$24,600. For a PR first property: S$24,600 BSD + S$50,000 ABSD = S$74,600. For a foreigner: S$24,600 BSD + S$600,000 ABSD = S$624,600. The foreigner pays 25x more than a citizen!
Can I use CPF to pay stamp duty?
Yes, you can use CPF OA funds to pay BSD and ABSD for residential property purchases (both HDB and private). For investment properties, ABSD must be paid in cash (unless it's your first property and you're a citizen).
Is ABSD refundable?
Married couples (SC+SC) buying a second property can apply for ABSD remission if they sell their existing property within 6 months of purchasing the new one. SC+PR couples can also apply. The refund must be applied for within 6 months of selling the existing property.
Do HDB flats attract ABSD?
HDB flats are subject to the same ABSD rules as private property. However, most HDB buyers are SCs buying their first property, so ABSD is 0%. PRs buying their first HDB resale flat pay 5% ABSD.
What is SSD (Seller's Stamp Duty)?
SSD applies if you sell a residential property within 3 years of purchase: 12% (sell within year 1), 8% (year 2), 4% (year 3). After 3 years, no SSD. This discourages short-term property speculation.
Are foreigners banned from buying property in Singapore?
Foreigners are not banned but are heavily taxed — 60% ABSD makes property extremely expensive. Foreigners CAN buy private condos and apartments without restriction, but CANNOT buy landed property (houses, bungalows) or HDB flats without special approval.
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