Singapore property blog, singapore enbloc news, new condo launch, new launch condo in singapore, new launch condo, new launch, new launch property, new property launch, new launch condo in year 2018, new launch landed , new landed, landed new launch, new launch executive condo, new executive condo launch

For Purchasing New Launch Condo Or any Residential Property

All Residential Properties in Singapore are subjected to ‘ Normal Buyer Stamp Duty’ imposed by Income Revenue Authority of Singapore. When you purchased a new or resale property either from a Housing Development Board or a Private Developer, you are required to stamp a document before you sign it.

However, if you have signed a document and stamped it within the following time frame, no penalty will be charged

  1. Within 14 days after signing the document if it is signed in Singapore or
  2. Within 30 days after receiving* the document in Singapore if the document is signed overseas

The lawyer acting on your behalf in purchasing the property will arrange for payment of the Stamp Duty.

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 PropertyBSD 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 PropertyBSD Rates for residential propertiesBSD Rates for non-residential properties
 First $180,000 1% 1%
 Next $180,000 2% 2%
 Next $640,000 3% 3%
 Remaining Amount 4%



Visit New Launch Sg Property Homepage for other new launch condo!

Enquiry Or Register Your Interest

Your Name (required)

Email Address (required)

Contact Number (required)

Purpose of buying

I'm interested in

Level of interest

Any outstanding loan?

Currently own any properties

Prefered viewing time

Your Message


Mortgage Calculator

Translate »