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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%

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 BSD rates with effect from 15 Feb 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 Eden Residences Capitol 首都御府
Hello! Thank you for visiting
Eden Residences Capitol 首都御府!

Exclusive 39 Units
Iconic Integrated Development

🔥 Shopping Mall
🔥 Kempinski Hotel
🔥 Capitol Theatre

🔥 Move In Ready 🗝🔑
🔥 3+Study, 4+Study, Penthouses

#05-04 Showflat
$11,770,500 (ID fee $650k) SOLD!

#06-04 Showflat
$11,764,200 (ID fee $650k)

#10-03 Showflat
$11,383,050 (ID fee $650k)

#11-03 Penthouse
$24,197,250

🈶 Basement 2 link directly to City Hall MRT and Funan Mall
🈶 Awesome view of Esplanade, MBS, Singapore Flyers + Seaview

*Prices are subject to change without prior notice.

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