Stamp Duty Calculator

The Buyer’s Stamp Duty, or BSD, is a tax that every home buyer has to pay when they purchase a property. The amount you have to pay depends on the property price. The more expensive the property, the higher the tax. For residential properties, you will be charged 1% for the first $180,000, 2% for the next $180,000, 3% for the next $640,000, and 4% for the remaining amount. The amount you have to pay is rounded down to the nearest dollar.

Unlike the Buyer’s Stamp Duty, the Additional Buyer’s Stamp Duty, or ABSD, is a kind of tax on the purchase of a residential property in Singapore that only affects Singapore Permanent Residents and foreigners, or Singapore Citizens who are buying more than one property. For Singapore Citizens, they will be charged 12% for the second property purchase and 15% for the third & subsequent property purchase. For Singapore Permanent Residents, they will be charged 5% for the first property purchase and 15% for the second & subsequent property purchase. For foreigners, they will be charged 20% for each property purchase. Do note that ABSD is on top of BSD.

First, determine your nationality and the total sum you will be paying for your property. If you are a Singaporean, you pay 1% for the first $180,000, 2% for the next $180,000, 3% for the next $640,000, and 4% for the remaining amount. Too complicated? Key in your property’s details in the calculator above and let it do its magic.

Stamp duty should be paid within 14 days after the sale and purchase agreement or tenancy agreement is signed.

As the name explicitly states, the Buyer’s Stamp Duty is paid by the buyer. On the other hand, where there is a Seller Stamp Duty, it will be paid by the seller.

You can use your CPF OA money to pay stamp duty, legal fees and other administrative charges. Please note that due to the short timeline to have to pay BSD/ABSD, you have to pay in cash first and get reimbursed later via CPF as CPF board is unable to disbursed within the stipulated time frame.

The tenant pays the stamp duty for rental agreements. The amount is dependent on the monthly rent, as well as the duration of the lease. Generally, the guideline is 0.4% of total rent payable for the lease period.

If the couple does not own any property, there is no need for remission and there is no ABSD if Singaporeans. Remission is for married couple selling away their first home but buying a second home first. They need to fulfil the conditions to qualify for the remissions. However, they have to pay the ABSD first.