Stamp duty

Buyer's Stamp Duty in Singapore

Every buyer of a Singapore home pays Buyer's Stamp Duty on the purchase price or the market value, whichever is higher. For residential property the rate rises in bands from 1% on the first $180,000 to 6% above $3 million, so a $1.5 million home pays $44,600. You pay it within 14 days of signing the contract.

Checked against official sources on 20 October 2026

Buyer's Stamp Duty calculator

An estimate at IRAS rates. IRAS assesses the duty when the document is stamped.

BSD rates for residential property

These rates apply to homes bought on or after 15 February 2023, including HDB flats, condos and landed homes. Each band is charged only on the part of the value that falls in it.

  • 1% on the first $180,000.
  • 2% on the next $180,000.
  • 3% on the next $640,000.
  • 4% on the next $500,000.
  • 5% on the next $1,500,000.
  • 6% on the remaining amount above $3,000,000.

Worked examples

  • $600,000 HDB resale flat: $1,800 + $3,600 + $7,200 = $12,600.
  • $1,000,000 condo: $1,800 + $3,600 + $19,200 = $24,600.
  • $1,500,000 condo: $24,600 + $20,000 = $44,600.
  • $4,500,100 landed home, the example IRAS gives: $209,606.

When and how you pay

  • BSD is due within 14 days of the signed Option to Purchase, contract or agreement. If it is signed overseas, you have 30 days from receiving it in Singapore.
  • It is charged on the higher of the price and the market value, and rounded down to the dollar.
  • Additional Buyer’s Stamp Duty, if it applies, is paid on top of BSD by the same deadline.

Plan the loan alongside the duty

Stamp duty is due within 14 days of signing, so it comes out of the same budget as your down payment. Compare home loan rates from Singapore banks on Homejourney.

Compare home loan rates

Questions

How much Buyer's Stamp Duty do I pay on a $1 million home?

$24,600: $1,800 on the first $180,000, $3,600 on the next $180,000 and $19,200 on the remaining $640,000.

Is Buyer's Stamp Duty the same for HDB flats and condos?

Yes. All residential property pays the same BSD rates, whether it is an HDB flat, a condo or a landed home.

When must BSD be paid?

Within 14 days after the date of the signed contract or agreement, or within 30 days of receiving it in Singapore if it was signed overseas.

Is BSD charged on the price or the valuation?

On whichever is higher: the purchase price or the market value.

Sources

Rules and fees change. Check the linked official pages before you commit, and ask a lawyer about your own sale or purchase.

Related guides

Additional Buyer's Stamp Duty (ABSD) in Singapore

ABSD rates for Singapore citizens, PRs, foreigners and entities from IRAS, with a calculator: 20% on a second home for citizens, 5% on a first home for PRs, 60% for foreigners.

Seller's Stamp Duty in Singapore

Seller's Stamp Duty rates from IRAS and a calculator by purchase and sale date: 16% to 4% if you sell within 4 years of buying on or after 4 July 2025.

How much cash you need to buy an HDB resale flat

The cash and CPF needed for an HDB resale flat: the 25% down payment, the $5,000 option deposit, cash over valuation, stamp duty and HDB fees, with a worked example.