Seller Stamp Duty (SSD)

SSD is payable if a residential property purchased on or after 20 Feb 2010 and the residential property sold within the holding period.

Date of Sale/ Disposal based on :

Date of execution of Option to Purchase by the buyer to the seller’s offer to sell or

Date of Sale & Purchase Agreement signed by the seller & buyer or

Date of transfer where (1) & (2) are not applicable

I. Rates for SSD (Residential Property)- Between 14 Jan 2011 to 10 Mar 2o17

SSD payable rate for property purchased on between 14 Jan 2011 to 10 Mar 2017 (both date inclusive), and sold or disposal within 4 years.

II. Rates for SSD (Residential Property)- On 11 Mar 2017 or after

SSD payable rate for property purchased on 11 Mar 2017 or after, and sold or disposal within 3 years.

Buyer Stamp Duty (BSD)

All property buyers have to pay BSD when you buy a property in Singapore. There is no escape. You’ll have to pay BSD regardless of whether you’re purchasing a condo / private property. a resale HDB flat or even a BTO flat. Think of it as an unavoidable tax on your home.

The Buyer’s Stamp Duty rate is calculated based on the purchase price or market value of the property, whichever is higher.

For instance, if you managed to negotiate the price of a condo down to $1,000,000 even though it’s valued at $1,200,000, your stamp duty will be calculated based on its market value of $1,200,000.

Additional Buyer Stamp Duty (ABSD)

Additional Buyer’s Stamp Duty (ABSD) is a tax levied on non-Singapore Citizen property-buyers, as well as Singapore Citizens who already own a property, on top of the Buyer’s Stamp Duty.
Again, Additional Buyer’s Stamp Duty is calculated based on the purchase price or market value of the property, whichever is higher:
• Singaporeans: 12% on their second residential property, 15% on their third and subsequent
• PRs: 5% on their first residential property, 15% on their second and subsequent
• Foreigners: 20% on any residential property
So if you’re a Singaporean just looking to buy your one and only home to live in, don’t worry, you won’t be hit by a hefty ABSD.

Payment Method

Buyer stamp duties (BSD) and Additional Buyer Stamp Duty (ABSD) can be paid from your CPF Ordinary Account.
This can be in the form of reimbursement, meaning that you first pay up in cash, and receive the amount paid at a later date from your CPF.

For purchase of a property that is still under construction, legal and stamp fees can be paid directly from CPF.