Property
Singapore — Property: Property Taxes
Buyer's Stamp Duty (BSD) is a graduated tax on the purchase price: 1% on the first S$180,000, 2% on the next S$180,000, 3% on the next S$640,000, 4% on the next S$500,000, 5% on the next S$1.5 million, and 6% on amounts above S$3 million. Foreign buyers additionally pay Additional Buyer's Stamp Duty (ABSD) of 60% on the higher of purchase price or market value — unchanged since 27 April 2023, with no change announced in Budget 2026. Both BSD and ABSD are due within 14 days of signing (30 days if executed overseas).
VerifiedGovernment / official sourceInland Revenue Authority of Singapore (IRAS) — BSD/ABSDLast reviewed: 2026-07-20
Key facts
- BSD (graduated): 1% (first S$180k), 2% (next S$180k), 3% (next S$640k), 4% (next S$500k), 5% (next S$1.5m), 6% (above S$3m).
- ABSD for foreign buyers: 60% flat, on the higher of purchase price or market value — unchanged since 27 April 2023.
- On a S$2 million private condo purchase, ABSD alone amounts to S$1.2 million.
- Both BSD and ABSD are due within 14 days of signing the agreement (30 days if executed overseas).
Costs
- ABSD (foreign buyers): 60% of purchase price or market value (higher of the two)
- BSD (graduated): 1-6% depending on price tier
Timelines
- BSD/ABSD payment deadline: 14 days (30 if executed overseas)
Common mistakes
- Underestimating total stamp duty by forgetting ABSD stacks on top of BSD — combined they can approach 65%+ of the purchase price for a foreign buyer.
- Missing the 14/30-day payment deadline for BSD/ABSD.