New Condo Price Trend In District 19, Hougang, Punggol, Sengkang, Serangoon Garden
Timeline Of Singapore Property Cooling Measures
Buyer's Stamp Duty On Or After 20th February 2018
A Requirement to Pay Buyer’s Stamp Duty
You are required to pay BSD for documents executed for the sale and purchase of property located in Singapore. BSD will be computed on the purchase price as stated in the document to be stamped or market value of the property (whichever is the higher amount) If the benefit is stated in the document to be stamped and is a cash discount (i.e. cash, non-post dated cashier order or cheque) to be given to the purchaser upon execution of the document (and not later), the amount of discount may be deducted from the purchase price to determine what is the amount of consideration for stamp duty purpose. This is provided that the nett price is still reflective of market value. If the document to be stamped stated a non-cash benefit to be given (e.g. furniture voucher, rental guarantee, car or lucky draw), the value of the benefit is not deductible from the purchase price for stamp duty purpose. If the cash or non- cash benefit is not stated in the document to be stamped, the value of the benefit is also not deductible from the purchase price for stamp duty purpose. The first instrument executed relating to a sale and purchase is liable to ad valorem duty (i.e. full duty). Subsequent document(s) relating to the same sale transaction is not liable to Stamp Duty.
Additional Buyer's Stamp Duty
Additional Buyer’s Stamp Duty (ABSD)
Liable buyers are required to pay ABSD on top of the existing Buyer’s Stamp Duty (BSD). ABSD and BSD are computed on the purchase price as stated in the dutiable document or the market value of the property (whichever is the higher amount).
Seller's Stamp Duty
Seller’s Stamp Duty (SSD) for Residential Property
SSD is payable on all residential properties and residential lands that were purchased on or after 20 Feb 2010 and sold within the holding period.
Singapore’s Mortgage (Loan To Value Ratio)
Normal Progressive Payment Schedule
Example Of Normal Progressive Payment Based On The Construction Schedule
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