Buyer's Stamp Duty For Buying Residential Property in Singapore
Buyer's Stamp Duty (BSD) is tax paid on documents signed when you buy or acquire residential property located in Singapore.
Purchase Price / Market Value of The Property | Buyer Stamp Duty (BSD) % |
First $180,000 | 1% |
Next $180,000 | 2% |
Next $640,000 | 3% |
Remaining Amount | 4% |
For stamp duty purpose:
- A cash discount is deductible from the purchase price.
- A non-cash benefit, such as furniture voucher, car or a lucky draw, rental guarantee, etc., the value of the advantages is not deductible from the purchase price.