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I am a foreigner and am planning to buy a condo. Would like to know how much stamp duty and registration i have to pay for a property which is around 1.2million? Would it make any difference if i buy it from a builder?
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1 Answer

Johnny Goh Mui Huat
Replied
HI Manish,

Generally, foreigners need to pay 13% stamp duty. However, do take note that there are a few nationalities that enjoy 3% stamp duty as Singaporean.

There is no different whether you buy from builder/developer or private owner. You will probably only buy from developer if it is a new launch project, therefore, it will take a few years before it is ready for occupation.

Hope that I had answered your question.

Feel free to contact me if you need my assistance.

Thanks and Regards
Johnny Goh
R018297H
Dennis Wee Realty Pte Ltd
Group Director
Mobile: 90906267 
Email: johnnygohmh@dwg.com.sg
Website: johnnygohproperty.com Read More
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