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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🔱Midtown Modern 名汇庭苑 🔱 !
𝘜𝘯𝘥𝘦𝘳𝘷𝘢𝘭𝘶𝘦𝘥 𝘊𝘊𝘙 𝘐𝘯𝘵𝘦𝘳𝘨𝘳𝘢𝘵𝘦𝘥 𝘋𝘦𝘷𝘦𝘭𝘰𝘱𝘮𝘦𝘯𝘵

📣 7️⃣ 𝙎𝙏𝘼𝙍𝘽𝙐𝙔 𝙐𝙉𝙄𝙏𝙎
𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭 𝐮𝐩 𝐭𝐨 $𝟑𝟑𝟖,𝟎𝟎𝟎!
🗣️😱

#26-10 - 1808sqft $6,400,000 nett
#27-10 - 1808sqft $6,450,000 nett
#28-10 - 1808sqft $6,530,000 nett
#24-17 - 1808sqft $6,208,000 nett
#27-17 - 1808sqft $6,588,000 nett
#28-17 - 1808sqft $6,638,000 nett
#29-17 - 1808sqft $6,688,000 nett

✨𝘛𝘖𝘗 2H2024✨

𝗘𝘅𝘁𝗿𝗲𝗺𝗲𝗹𝘆 𝗥𝗮𝗿𝗲 𝗖𝗼𝗿𝗲 𝗖𝗲𝗻𝘁𝗿𝗮𝗹 𝗥𝗲𝗴𝗶𝗼𝗻 (𝗖𝗖𝗥) 𝗜𝗻𝘁𝗲𝗴𝗿𝗮𝘁𝗲𝗱 𝗗𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁 𝘄𝗶𝘁𝗵 𝗪𝗼𝗿𝗸-𝗟𝗶𝘃𝗲-𝗣𝗹𝗮𝘆 𝗖𝗼𝗻𝗰𝗲𝗽𝘁
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𝘍𝘪𝘯𝘢𝘭 𝘤𝘳𝘪𝘵𝘪𝘤𝘢𝘭 𝘱𝘪𝘦𝘤𝘦 𝘰𝘧 𝘫𝘪𝘨𝘴𝘢𝘸 🧩𝘵𝘩𝘢𝘵 𝘤𝘰𝘯𝘯𝘦𝘤𝘵𝘴 𝘬𝘦𝘺 𝘮𝘪𝘤𝘳𝘰-𝘮𝘢𝘳𝘬𝘦𝘵𝘴 𝘰𝘧 𝘊𝘪𝘵𝘺 𝘏𝘢𝘭𝘭, 𝘔𝘢𝘳𝘪𝘯𝘢 𝘊𝘦𝘯𝘵𝘳𝘦 𝘢𝘯𝘥 𝘉𝘶𝘨𝘪𝘴🏙

🏙 CCR INTEGRATED PROJECT🏙
🍀 RARE GARDEN HOME 🍀

🚆2 Existing MRT Lines Right Downstairs
🍃Dedicated 80% Landscape and Facilities Coverage
💝You Can Only Imagine What’s the Upside Potential at Such Attractive PSF

🔥1BR FR $1.611M | 409sf
🔥1BR(B) FULLY SOLD | 474sf
🔥2BR FULLY SOLD | 592sf
🔥2BR(B) FULLY SOLD | 635sf
🔥2BR(P) FULLY SOLD | 721sf
🔥3BR FULLY SOLD | 904sf
🔥3BR(P) FULLY SOLD | 1066sf
🔥4BR FULLY SOLD | 1442sf
🔥4BR(P) FR $6.327M | 1808sf

‼️THE CENTERPIECE OF ROCHOR-OPHIR CORRIDOR‼️
✅ Right Above Bugis MRT Interchange!
✅ Resort Sanctuary In The City!
✅ Unveiling An Ultimate Work-Live-Play Concept!
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✅ 558 Residential Units Only!


*Pricing and availability subject to change anytime without prior notice.

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