Buyer's Stamp Duty (BSD) — applies to everyone
BSD is charged on a progressive tiered basis on the purchase price or market value, whichever is higher:
| Portion of price | BSD rate |
|---|---|
| First $180,000 | 1% |
| Next $180,000 | 2% |
| Next $640,000 | 3% |
| Next $500,000 | 4% |
| Next $1,500,000 | 5% |
| Remainder above $3,000,000 | 6% |
Worked example
A $500,000 flat: 1%×$180,000 + 2%×$180,000 + 3%×$140,000 = $1,800 + $3,600 + $4,200 = $9,600 BSD. Try our Stamp Duty Calculator for any purchase price.
Additional Buyer's Stamp Duty (ABSD) — applies to some
ABSD is an extra duty layered on top of BSD, based on your citizenship/residency status and how many residential properties you already own (effective from 27 April 2023 rates):
| Buyer profile | 1st property | 2nd property | 3rd+ property |
|---|---|---|---|
| Singapore Citizen | 0% | 20% | 30% |
| Permanent Resident | 5% | 30% | 35% |
| Foreigner | 60% | 60% | 60% |
Most first-time HDB buyers (Singapore Citizens buying their first property) pay 0% ABSD. It becomes relevant mainly for buyers already owning a property (e.g. keeping an HDB flat while buying a second property) or non-citizen buyers.