Buyer’s stamp duty for HDB – Singapore HDB for sale
In the case of HDB loan, buyer’s stamp duty (BSD) is payable by CPF or cash on the First Appointment with HDB. If paying by cash, the buyer has up to 10 days to pay up. Singapore HDB for sale.
In the case of bank loan, buyer’s stamp duty (BSD) is payable within 14 days from date of in-principal Approval Letter from HDB. HDB’s in-principal Approval Letter is usually 1 to 2 weeks from the First Appointment with HDB. Buyers can use CPF to pay for the stamp duty. The buyers must see their lawyers immediately after the First Appointment with HDB. Singapore HDB for sale.
With effect from 22 February 2014, the buyer’s stamp duty for the exercised Option to Purchase is computed based on the purchase price or market value of the property (whichever is the higher amount) as follows:
Purchase Price | Percentage of Purchase Price |
1st $180K | 1% |
Next $180K | 2% |
Thereafter | 3% |
For Purchase price above $360K:
Buyer’s Stamp Duty = 3% of Purchase Price less $5,400
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