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%

IMPORTANT: New BSD rates with effect from 15 Feb 2023.

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 ABSD rates with effect from 27 Apr 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 Lentor Modern 曲水伦庭 !
Hello! Thanks for visiting
🚀𝗟𝗘𝗡𝗧𝗢𝗥 𝗠𝗢𝗗𝗘𝗥𝗡 曲水伦庭 🚀
Over 97% SOLD!

Enjoy First Mover Advantage from the one and only Integrated Development in Lentor new township Transformation

Only 1 lift ride to amenities aplenty:
🧸 Childcare
🛒 Supermarket
🍽 F&B
🛍 Retail
🚇 Direct MRT Access

Nearby:
🍜 Wet Market and Food Centre
🌳 Nature Parks
🏫 Schools
🚗 Access to upcoming North-South Expressway

💪 Fantastic & Efficient Layouts with Flex Room for all 3BR and 4BR units

Use your Flex room as a:
🛌 Guest Room
💼 Home Office
📚 Study Room
🪞 Walk-In Wardrobe
🖥 Hobby Room
👩‍🍼 Baby Room
And anything you can imagine

Fast-Selling!
1 Bedroom $1.358mil Last Unit
2 Bedroom FULLY SOLD
3 Bedroom + Flex from $2.211mil
4 Bedroom + Flex FULLY SOLD

*Prices are subject to change without prior notice.

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