Stamp Duty

Buyer’s Stamp Duty

Purchase Price or Market Value of the PropertyBSD Rates for Residential PropertiesBSD Rates for Non-Residential Properties
First $180,0001%1%
Next $180,0002%2%
Next $640,0003%3%
Next $500,0004%4%
Next $1,500,0005%5%
Amount exceeding $3,000,0006%5%

IMPORTANT: New BSD rates with effect from 15 Feb 2023.

Additional Buyer’s Stamp Duty

Nationality1st Property2nd Property3rd Property
Singapore CitizensN.A.20%30%
Permanent Residents5%30%35%
Foreigners60%60%60%
Entities / Companies65%65%65%

IMPORTANT: New ABSD rates with effect from 27 Apr 2023.

From 9 May 2022 onwards, any transfer of residential property into a living trust will be subject to an ABSD rate that is the same as entities.  

 

Foreigners Eligible for ABSD Remission under Free Trade Agreements (FTAs)

Conditions for Remission:

Under the respective FTAs, Nationals or Permanent Residents of the following countries will be accorded the same Stamp Duty treatment as Singapore Citizens:

  1. Nationals and Permanent Residents of Iceland, Liechtenstein, Norway or Switzerland
  2. Nationals of the United States of America

 

References:

  1. Buyer’s Stamp Duty (BSD) https://www.iras.gov.sg/taxes/stamp-duty/for-property/buying-or-acquiring-property/buyer’s-stamp-duty-(bsd)
  2. Additional Buyer’s Stamp Duty (ABSD) https://www.iras.gov.sg/taxes/stamp-duty/for-property/buying-or-acquiring-property/additional-buyer’s-stamp-duty-(absd)
  3. Foreigners Eligible for ABSD Remission under Free Trade Agreements (FTAs) https://www.iras.gov.sg/taxes/stamp-duty/for-property/appeals-refunds-reliefs-and-remissions/common-stamp-duty-remissions-and-reliefs-for-property/foreigners-eligible-for-absd-remission-under-free-trade-agreements-(ftas)
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Over 99% SOLD!
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Welcome to Irwell Hill Residences 隽峰 !
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👑Irwell Hill Residences 隽峰👑!

Over 99% SOLD!

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Investors’ Choice into D09
1️⃣ Stop to Orchard MRT (D9)
2️⃣ Km radius to good schools
3️⃣ mins walk to Great World MRT
4️⃣ Conserved Beautiful Raintrees
5️⃣ mins walk to Great World Mall

Irwell Hill Residences Attractive Prices
🌟 Studio (398sf) FULLY SOLD
🌟 1Br+S (495sf) fr $1.647M
🌟 2Br Classic (614sf) FULLY SOLD
🌟 2Br Premium (657sf) FULLY SOLD
🌟 3Br Classic (861sf) FULLY SOLD
🌟 3Br Premium (1,270sf) FULLY SOLD
🌟4Br Premium (1,538sf) FULLY SOLD
🌟4Br Premium (1,582sf) FULLY SOLD

💎4Br Penthouse (2,228sf) $9.452M
💎5Br Penthouse (2,605sf) $11.080M

Prices subjected to change w/o prior notice.

Chat with us Now to find out more!