Stamp duty,
made simpler.
Know the likely costs before you commit to a property. Start with the three duties that may affect your purchase or sale.
START WITH THE BASICS
Three duties to understand
The duty that applies depends on the transaction, the buyer’s profile and when the property is sold.
Buyer’s Stamp Duty
Generally payable by buyers and calculated using the higher of the purchase price or market value.
Additional Buyer’s Stamp Duty
May apply depending on residency, ownership profile and the number of residential properties owned.
Seller’s Stamp Duty
May apply when a residential property is sold within the applicable holding period. The purchase date matters.
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WhatsApp VivianThis page provides general property information and is not legal, tax or financial advice. Stamp duty rules and rates may change. Always verify the latest position with IRAS and obtain professional advice where required.