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For Purchasing New Launch Condo Or any Residential Property

Buyer Stamp Duty is computed based on the purchase price or market value of the property, whichever is higher. Prior to 20 Feb 2018, the Buyer Stamp Duty rate was up to 3%. With effect

from 20 Feb 2018, there are differentiated Buyer Stamp Duty rates between residential and non-residential properties. The Buyer Stamp Duty rate for acquisition of residential properties on or after 20 Feb 2018 is up to 4%.

 

Before 20 Feb 2018
 Purchase Price or Market Value of the Property BSD Rates
 First $180,000  1%
 Next $180,000  2%
 Remaining Amount  3%

 

On or after 20 Feb 2018
Purchase Price or Market Value of the Property BSD Rates for residential properties BSD Rates for non-residential properties
 First $180,000                  1%                          1%
 Next $180,000                  2%                          2%
 Next $640,000                  3%  

3%

 Remaining Amount                  4%

 

 

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