Buyer’s Stamp Duty for private – Property in Singapore for sale
With effect from 22 February 2014, the Buyer’s Stamp Duty (BSD) for purchase of private properties is as follows: Property in Singapore for sale.
1st $180,000 of purchase price | 1% ($1,800) |
2nd $180,000 of purchase price | 2% ($3,600) |
Remaining purchase price | 3% |
If the Purchase Price is above $360K, you can use the formula: Buyer’s Stamp Duty (BSD) = 3% of Purchase Price less $5,400. BSD is payable within 2 weeks after exercising OTP.
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