Estimate Buyer's Stamp Duty and Additional Buyer's Stamp Duty on a residential purchase. Duty is charged on the higher of price or market value.
Buyer's Stamp Duty (BSD) is paid by every buyer on a progressive scale: 1% on the first S$180k, 2% on the next S$180k, 3% on the next S$640k, 4% on the next S$500k, 5% on the next S$1.5m, and 6% above S$3m. For example, BSD on a S$2m home is S$69,600.
Additional Buyer's Stamp Duty (ABSD) is a cooling measure layered on top, based on residency and how many residential properties you already own. Rates have held since 27 April 2023: Singapore Citizens pay 0% on a first home, 20% on a second and 30% on a third or more; PRs pay 5%/30%/35%; foreigners pay 60% on any purchase; entities pay 65%. Both are computed on the higher of price or market value, and a married-couple remission can apply when first-timer SC couples buy a second home jointly.