Stamp Duty Enquiries

Stamp Duty is an upfront cost that one has to consciously set aside when deciding  to enter into a transaction. It must be paid in full and cannot be deferred. Inadequate payment or late payment of Stamp Duty is tantamount to non-stamping and penalties would apply.

Please refer to the Stamp Duty Interactive Calculator for computation.

Please refer to How do I Retrieve My Stamp Certificate for the detailed steps.

Please refer to How to pay Stamp Duty for the payment modes available for Stamp Duty.

Yes, your purchase is subject to BSD. BSD is payable on all acquisitions of immovable properties in Singapore. It is not dependent on the nationality of the buyer or the number of properties that the buyer owns.

For a land zoned “Commercial & Residential”, 60% GFA of the land is deemed attributable for residential purpose and the remainder is deemed attributable for non-residential purpose. You may get a professional valuer to value the part of the property attributable to residential and non-residential purposes.

If you have contracted to sell your only apartment before you execute the Acceptance to the Option to Purchase for the terrace house, you do not need to pay ABSD.

As HDB’s rules require buyers to dispose of their private properties within 6 months of the resale flat purchase, ABSD remission will be given upfront to purchasers of HDB flats. You do not need to pay ABSD when you buy the flat.

The ABSD of 17% is payable as the terrace house will be your second property. However, if you dispose of your apartment within 6 months from the date of TOP/CSC (whichever is earlier) of the terrace house, you may be eligible for the refund of ABSD.

As you are a Singapore citizen who only owns one residential property and are acquiring additional interest in the same property from the co-owner, no ABSD is payable on the acquisition.

However, please note that BSD is still payable on the acquisition of your mother’s 80% share of the property.

SPRs are required to pay ABSD at 5% if they buy their first residential property on their own or jointly with SC. However, if both you and your SPR spouse do not own any property and the matrimonial home is the only residential property owned by you and your spouse, you may be eligible for the ABSD remission for SC married couples.

The applicable ABSD rate is based on the profile of the buyer on the date of purchase. You must have been granted the Singapore Citizenship status or Singapore Permanent Resident status by the Immigration and Checkpoint Authority (ICA) as at the date of purchase in order to enjoy lower ABSD liability. The date of issue reflected in the IC collection slip would be taken as when the status was granted.

SSD must be paid within 14 days from the date of the executed sale contract, otherwise, a penalty will be imposed for late stamping and payment. There is no deferment of Stamp Duty payment.

However, for properties undergoing collective sale, requests may be considered favorably for the waiver of the penalty incurred up to the later of the following dates, whichever is applicable:

(1) Date that the Strata Titles Board grants the Collective Sale Order;

(2) 30 days from the date of decision made by the High Court with no further objection; or

(3) Date of decision made by the Court of Appeal.

Such requests are subject to the following conditions:

(1) The collective sale contract is stamped and

(2) The waiver request is submitted to the Commissioner of Stamp Duties where both conditions are fulfilled within 14 days from the date of the executed contract.

To submit the request for waiver, please perform the following steps:

(1) Log on to e-Stamping Portal

(2) Select "Requests"

(3) Select "Apply for Assessment/ Appeal/ Remission"

(4) Provide the document reference number which was generated upon stamping

Yes, as you acquired your wife's half share of the property on 10 Mar 2018 and sold the property on 1 Sep 2018 within the SSD holding period, you are required to pay 12% SSD on the half share of the property that you had acquired from your wife. The SSD payable is based on the higher of the selling price or market value of the half share of the property.

No. At the time of the sale of your property, you were not a bankrupt. Hence, the sale of your property would not qualify for the SSD exemption given to an adjudged bankrupt who has to dispose of the residential property as a result of the bankruptcy.

For disposal of HDB shop with living quarters, SSD is payable on the value of the part permitted for residential use if the property is disposed of within the holding period.

Lease duty is calculated by applying the rate for leases (0.4%) on the Average Annual Rent (AAR), based on the higher of contractual or market rent.

If the lease period is 4 years or less, the computation of Stamp Duty is 0.4% of total rent for the period of the lease.

If the lease period is more than 4 years or an indefinite term, the computation of Stamp Duty is 0.4% of 4 times the AAR for period of the lease.

If there is no change in the rent and lease period nor any premium or consideration paid for the novation of lease under the Novation Agreement, there is no Stamp Duty payable.