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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Welcome to Tembusu Grand 莉丰嘉园 !
Hello! Thank you for visiting
👑Tembusu Grand 莉丰嘉园👑!

Over 62% Sold!

🌲 1 + Study - fr $1.34M

🌲 2 Bedroom - Fully Sold!
🌲 2 + Study - fr $1.94M

🌲 3 Bedroom - fr $2.65M
🌲 3 + Study - fr $2.70M

🌲 4 Bedroom - fr $3.288M
🌲 5 Bedroom - fr $4.028M

🌲 Penthouse - $7.888M

✮ The Coveted Address Right At The Heart of D15
✮ A short walk to 2 MRT Stations- Tanjong Katong MRT (TEL) + Dakota MRT (CCL)
Within 1km to Kong Hwa, Haig Girls’ School & Tanjong Katong Primary
✮ 4 blocks of 20/21-storey comprising 638 units of 1+study to 5 bedroom and two penthouses
Top-notch provisions and luxury finishes by 2 renowned developers
Unobstructed Views with North/South Orientation units
Premium Concierge Service for ALL Residents

Don't miss out on this incredible opportunity to own a prime property within 1KM to highly sought-after schools.
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