Buyer's Stamp Duty Rates
The Buyer’s Stamp Duty (BSD) in Singapore is a tax imposed on buyers when they purchase properties. The BSD rates vary depending on the property’s purchase price.
Purchase Price / Market Value | Rates for Residential Properties | Rates For Non-Residential Properties |
First $180,000 | 1% | 1% |
Next $180,000 | 2% | 2% |
Next $640,000 | 3% | 3% |
Next $500,000 | 4% | 4% |
Next $1.5 million | 5% | 5% |
In excess of $3 million | 6% | 5% |
Property value | Formula for quick BSD calculation |
$180,000 or less | 1% x purchase price or market value = BSD |
Between $180,000 to less than $360,000 | (2% x purchase price or market value) – $1,800 = BSD |
Between $360,000 to less than $1 million | (3% x purchase price or market value) – $5,400 = BSD |
Between $1 million to less than $1.5 million | (4% x purchase price or market value) – $15,400 = BSD |
Between $1.5 million to less than $3 million | (5% x purchase price or market value) – $30,400 = BSD |
More than $3 million | (6% x purchase price or market value) – $60,400 = BSD |
Please note that government policies and tax regulations can change over time. To get the most up-to-date information on the Buyer’s Stamp Duty in Singapore, we recommend you to check with the Inland Revenue Authority of Singapore (IRAS) or to consult a professional tax advisor.