Buyer’s Stamp Duty (BSD) is payable on the higher of the purchase price or market valuation for any property acquired in Singapore.
### Residential BSD Tiered Rates
* **First S$180,000:** 1%
* **Next S$180,000 (S$180,001 to S$360,000):** 2%
* **Next S$640,000 (S$360,001 to S$1,000,000):** 3%
* **Next S$500,000 (S$1,000,001 to S$1,500,000):** 4%
* **Next S$1,500,000 (S$1,500,001 to S$3,000,000):** 5%
* **Amounts exceeding S$3,000,000:** 6%
### Quick Formula Shortcuts for Residential Purchases
* **Purchase Price up to S$1,000,000:**
Calculate `(Purchase Price × 3%) − S$5,400`
* **Purchase Price between S$1,000,001 and S$1,500,000:**
Calculate `(Purchase Price × 4%) − S$15,400`
* **Purchase Price between S$1,500,001 and S$3,000,000:**
Calculate `(Purchase Price × 5%) − S$30,400`
* **Purchase Price above S$3,000,000:**
Calculate `(Purchase Price × 6%) − S$60,400`
### Worked Examples
* **S$500,000 (Typical 3-Room HDB Flat):**
(S$500,000 × 3%) − S$5,400 = **S$9,600**
* **S$1,200,000 (4-Room HDB / Compact Suburban Condo):**
(S$1,200,000 × 4%) − S$15,400 = **S$32,600**
* **S$2,000,000 (Standard 2-to-3-Bedroom Private Condo):**
(S$2,000,000 × 5%) − S$30,400 = **S$69,600**
* **S$3,500,000 (Prime Core Central Region Unit):**
(S$3,500,000 × 6%) − S$60,400 = **S$149,600**
### Key Payment Deadlines & Financing
* **Payment Due Date:** Payable to IRAS within **14 calendar days** of exercising the Option to Purchase (OTP) or signing the Sale & Purchase Agreement.
* **CPF Ordinary Account (OA) Utilization:** CPF OA savings can be used to pay or reimburse BSD. For private properties or completed resales, buyers typically bridge BSD in cash upfront first, after which your conveyancing lawyer applies for CPF reimbursement upon legal completion.
If you share your exact purchase price and residency status (Singapore Citizen, PR, or Foreigner), I can compute your total stamp duty liability, including any Additional Buyer's Stamp Duty (ABSD).
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Gan Eng Joo Onassis 颜荣裕, REALTOR®
MSc BIT (Middlesex, England, United Kingdom); BBA (South Australia)
CEA Reg No: R021244C | Singapore Line:
(+65) 88899918
Email: onassis@sgagent.com
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