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Hi Richard

Stamp duty payable for the purchase of your next property will be 3% - $5400 + 7% of the purchase price.

Supposing you the purchase price of your next property is $800,000
Stamp duty:
Standard Buyer Stamp Duty = 3% of $800,00
= $18,600
Additional Buyer Stamp Duty (ABSD) = $56,000
Total Stamp Duty Payable = $18,600 + $56,000
= $74,600

Hope I've answered your question.
If in doubt, feel free to clarify with me with a call/sms @ 9238 0058  .

Cheers!
Andrew Ho
C:ERA Realty Pte Ltd
M:92380058
E:ho.andrew@me.com
R:R047219D Read More

Hi Richard

Apologies for the typo below. Pls refer to this :

Stamp duty payable for the purchase of your next property will be 3% - $5400 + 7% of the purchase price.

Suppose the purchase price of your next property is $800,000
Stamp duty:
Standard Buyer Stamp Duty = 3% of $800,000
= $24,000
$24,000 - $5,4000 = $18,600
Additional Buyer Stamp Duty (ABSD) = $56,000
Total Stamp Duty Payable = $18,600 + $56,000
= $74,600

Hope I've answered your question.
If in doubt, feel free to clarify with me with a call/sms @ 9238 0058  .

Cheers!
Andrew Ho
C:ERA Realty Pte Ltd
M:92380058
E:ho.andrew@me.com
R:R047219D Read More

Afternoon Richard,

It will be 7% ABSD plus (3% x purchase price) - $5400]

If you need assistance in your property purchase, I am just a call away.

Cheers!

Warmest Regards,
YT TAN
Senior District Manager
R043025D
(M): 9111 5171 
(E): yt.lovelyhomes@gmail.com
(W1): www.yttan.com
(W2): yttan.stproperty.com.sg/
ECG Property Pte Ltd Read More