The current and latest Additional buyer's Stamp duty (ABSD) for residential properties

Note the additional stamp duty is payable on top of the regular stamp duty.

The additional stamp duty is dependent on the number of property a buyer is holding. In a joint purchase scenario, the duty payable is always based on the higher level among all the buyers example Joint buyer A does not owns any property at the time of purchase but Joint buyer B owns one property. Hence the new property that they are buying jointly together will be tax on the second property level.

Here are the rates:

For Singapore Citizens 
- first property purchase: no additional stamp duty
- second property purchase: 12% additional stamp duty
- third property or more purchase: 15% additional stamp duty

For Singapore PR holders
- first property purchase: 5% additional stamp duty
- second property purchase: 15% additional stamp duty
- third property purchase: 15% additional stamp duty

For Foreigners/Entities:
- all property purchase: 20% additional stamp duty
(exceptions apply to the citizens and PR holders of iceland, Liechtenstein, Norway, Switzerland and U.S.A.

More questions on buyer's stamp duty? Contact me at 9117 8727