🕷️ Crawler Inspector

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Raw Queries and Responses

1. Shard Calculation

Query:

Response:

Calculated Shard: 177 (from laksa164)

2. Crawled Status Check

Query:

curl -X POST \
  'http://laksa177.int.ahrefs:8124/' \
  -H 'Content-Type: text/plain' \
  -H 'X-ClickHouse-Database: crawler3' \
  -H 'Authorization: Basic YXBpOg==' \
  -d 'SELECT getAhrefsURLFromUnparsed(src_unparsed) AS found_url, ifNull(toUnixTimestamp(download_stamp), 0) AS crawl_time, ifNull(toUnixTimestamp(props_url_first_seen), 0) AS first_indexed_time, download_http_code AS http_code, src_unparsed AS src_unparsed, src_root_hash AS src_root_hash, history_drop_reason AS history_drop_reason, meta_title AS meta_title, meta_descriptions AS meta_descriptions, attrs_boilerpipe_text AS attrs_boilerpipe_text, attrs_markdown AS attrs_markdown, attrs_readable_markdown AS attrs_readable_markdown, meta_canonical AS meta_canonical FROM crawler3.page_info_local FINAL PREWHERE (src_root_hash, src_unparsed) IN ((getAhrefsRootHashFromUnparsed(getAhrefsUnparsedNoserviceFromURL(\'https://www.singsaver.com.sg/blog/property-stamp-duty-singapore\')), getAhrefsUnparsedNoserviceFromURL(\'https://www.singsaver.com.sg/blog/property-stamp-duty-singapore\'))) FORMAT JSONEachRow'

Response:

{"found_url":"https:\/\/www.singsaver.com.sg\/blog\/property-stamp-duty-singapore","crawl_time":1776453592,"first_indexed_time":1617934196,"http_code":200,"src_unparsed":"sg,com,singsaver!www,\/blog\/property-stamp-duty-singapore s443","src_root_hash":"1354253889108504977","history_drop_reason":null,"meta_title":"Stamp Duty Singapore: BSD, ABSD, SSD And How They Affect You","meta_descriptions":["Whether you’re buying or selling a home, here’s what you must know about the various stamp duties, namely BSD, ABSD and SSD."],"attrs_boilerpipe_text":"Whether you’ve bought or sold a home, chances are you’ve come across the tax that’s levied on real estate transactions, otherwise known as BSD, ABSD, and SSD.\nBest Home Insurance Plans in Singapore on SingSaver\nAIG Enhanced Public Housing Contents Insurance (For HDB only)\n|\nAIG Homes Complete Insurance\n|\nAIG Home Advantage Package\n|\nMSIG Enhanced HomePlus\n|\nSinglife Home Lite\n|\nFWD Home Insurance\n|\nTIQ Home Insurance\n|\nSompo HomeBliss\n|\nHL Assurance Home Protect360\n|\nGreat Eastern Great Home Protect\nBuying and selling residential property in Singapore (especially if we’re talking about owning\nmultiple\nproperties) means having to deal with property stamp duty — buyer’s stamp duty (BSD), seller’s stamp duty (SSD) and additional buyer’s stamp duty (ABSD) to be exact. \nIf you’re wondering why there are more costs involved with buying property, it could all boil down to the introduction of property cooling measures designed to quell demand and limit the rise of buying-and-selling – also known as\nflipping properties\nto make a profit.\nAs you may have guessed, the stamp duty payable depends on who you are in the property transaction. Here we’ll take a closer look at the different acronyms that permeate our real estate transactions and how much these taxes can potentially add up to.\nTable of contents\nWhat is Buyer's Stamp Duty?\nHow to calculate BSD\nBSD exemptions\nWhat is Additional Buyer's Stamp Duty?\nHow to calculate ABSD\nABSD remission\nHow to pay ABSD and BSD\nABSD exemptions\nWhat is Seller's Stamp Duty?\nHow to calculate SSD\nBuyer’s Stamp Duty (BSD)\nWho needs to pay BSD?\nThere’s no other way around it — when you’re buying a property or land in Singapore, BSD will be levied on your purchase.\nThe BSD rate depends on the purchase price or market value of the property, whichever is higher.\nFrom\n15 February 2023\nonwards, the BSD rate is as follows:\nPurchase price or market value of the property\nBSD rates for residential properties (from 15 February 2023)\nBSD rates for non-residential properties (from 15 February 2023)\nFirst S$180,000\n1%\n1%\nNext S$180,000\n2%\n2%\nNext S$640,000\n3%\n3%\nNext S$500,000\n4%\n4%\nNext S$1.5 million\n5%\n5%\nProperties in excess of S$3 million\n6%\n5%\nHere are the previous rates from 20 Feb 2018 to 14 February 2023:\nPurchase price or market value of the property\nBSD rates for residential properties (20 Feb 2018 to 14 February 2023)\nBSD rates for non-residential properties (20 Feb 2018 to 14 February 2023)\nFirst S$180,000\n1%\n1%\nNext S$180,000\n2%\n2%\nNext S$640,000\n3%\n- \nRemaining amount\n4%\n3%\nHow to calculate BSD payable\nHere’s what your BSD calculation could look like if you buy a 4-room HDB resale flat at S$500,000. \nPurchase price or market value of the residential property\nBSD rate\nAmount\nFirst $180,000\n1%\nS$180,000 x 1% = S$1,800\nNext $180,000\n2%\nS$180,000 x 2% = S$3,600\nNext $640,000\n3%\n(S$600,000 - S$180,000 - S$180,000 x 3%) = S$7,200\nBased on the calculations above, your BSD payable adds up to = S$1,800 + S$3,600 + S$7,200 = S$12,600\nHere's a quick way to calculate BSD:\nAre there any exemptions where I don't need to pay BSD in Singapore?\nThat said, there are a few instances where\nBSD won't apply\n, such as:\nAborted sale and purchase agreements\nMatrimonial proceedings\nConveyance directions\nTransfer HDB flats within a family\nThrough property inheritance\nAdditional Buyer’s Stamp Duty (ABSD)\nWho needs to pay additional buyer’s stamp duty?\nOn top of BSD, you may also need to pay ABSD depending on criteria such as your residency status and the number of properties that you own.\nFor Singaporeans, ABSD applies to you if you buy your second or subsequent properties. Yes, this means you’ll have to pay ABSD on top of the initial BSD.\nThe\nABSD amount is based on the valuation or the property’s selling price\n, whichever is higher.\nWhat is the ABSD rate in Singapore?\nHere are the current ABSD rates:\nProperty type\nBuyer type\nABSD rates (from 16 December 2021 to 26 April 2023)\nABSD rates (on or after 27 April 2023)\nFirst property\nSingapore citizen\nN.A\nN.A\nSecond property\nSingapore citizen\n17%\n20%\nThird and subsequent properties\nSingapore citizen\n25%\n30%\nFirst property\nSingapore permanent resident\n5%\n5%\nSecond property\nSingapore permanent resident\n25%\n30%\nThird and subsequent properties\nSingapore permanent resident\n30%\n35%\nAny residential property\nForeigner\n30%\n60%\nAny residential property\nEntities (companies, trustees, or associations)\n35%\n65%\nHow do you calculate ABSD in Singapore?\nSay that you're buying a property for S$2 million, and you're subjected to a 17% ABSD. The ABSD amount you'll need to pay is S$2 million X 17% = S$340,000. \nYou can also use\nIRAS' stamp duty calculator\nto calculate the amount of BSD and ABSD payable. \nThat said, you can apply for ABSD remission, which exempts you from having to fork out the hefty ABSD payment.\nBack to top\nWho can apply for ABSD remission?\nAccording to IRAS\n, you may be eligible for ABSD remission if the following scenarios apply to you: \nIf you're a married couple (with at least one Singaporean citizen) who’s buying your first property through a joint purchase (i.e. the house is under both names only)\nIf you're a married couple (consisting of at least one Singaporean citizen) selling your first property within six months after the Temporary Occupation Permit (TOP) or Certificate of Statutory Compliance (CSC) of your second property\nYou can apply for an\nABSD remission on IRAS' website here\n.\nWhat if you're buying a property jointly with someone else?\nIf you're buying a property with someone else and ABSD applies to both of you, the higher ABSD rate will apply.\nFor instance, say that you're jointly buying a condo as a Singaporean couple. You both also have the following properties:\nYour properties\nYour spouse's properties\nCondo unit (sole owner)\nCondo unit (sole owner)\nHDB flat (joint owner)\n \nBased on the above, your spouse incurs 20% ABSD, but your applicable ABSD is 30%. Hence, the ABSD payable is 30%.\nHow do I pay BSD and ABSD in Singapore?\nThere are a few ways to\npay BSD and ABSD\n:\nGIRO\nPayNow QR\nAXS\nOne-time GIRO deduction using DBS\/POSB\nInternet banking fund transfer\nTelegraphic transfer\nSingPost service bureaurs (Chinatown, Novena, Raffles Place, Shenton Way)\nCheque\/cashier's order\nBSD and ABSD must be paid in full\nand cannot be paid in instalments. You can use your\nCPF money\nto pay BSD and ABSD first and apply for reimbursement from your CPF account later. \nABSD and BSD deadline\nIf the sale and purchase agreement was signed in Singapore, the BSD and ABSD must be paid\nwithin 14 days\nof signing the sale and purchase agreement or the date of acceptance of the option to purchase (OTP).\nIf the sale and purchase agreement was signed overseas, then the deadline is\n30 days\nafter the agreement was received in Singapore. \nAny delays in payment will result in penalty charges, and IRAS may also take\nlegal action\nagainst you or impose a Travel Restriction Order to prevent you from leaving Singapore. \nBack to top\nABSD exemptions\nThere are a few scenarios where you won't need to pay ABSD in Singapore:\nWhere you have already contacted to sell your current residential property before signing the OTP for the new residential property\nIf you're downgrading from a private property to buy an HDB resale flat\nIf you 'decouple' as joint owners, where one of the co-owners transfers his\/her share to the other co-owner. By doing so, he\/she will be considered a first-timer and is free to buy a second property without incurring ABSD. You can decouple in two ways: selling your shares to the other co-owner or transferring via a gift. Note that decoupling only works for private properties\nIf you're a foreigner under the respective\nFree Trade Agreements\n(nationals or permanent residents of Iceland, Liechtenstein, Norway, or Switzerland, and nationals of the United States of America) \n99-to-1 loophole\nA popular hack known as the 99-to-1 ownership method allows co-owners under tenancy-in-common ownership to easily decouple and buy their second and subsequent properties to avoid hefty stamp duties. \nUnlike joint tenancy, where each co-owner has an equal share in a property,\ntenancy-in-common\nallows co-owners of a property to have different stakes (e.g. 70% to 30%, 85% to 15%, etc.).\nThus, tenants-in-common under the 99-to-1 ownership method basically means that one co-owner has a 99% share in the property while the other co-owner owns the remaining 1%.\nOne of the main reasons why married couples employ the 99-to-1 ownership strategy when they buy a private property is because it's less expensive for them to decouple in the future if they want to avoid hefty ABSD charges should they buy a second property.\nMoreover, the 99-to-1 strategy also incurs a lower BSD.\nFor instance, say that you and your spouse purchase a condo unit worth S$1 million as tenants-in-common. You own a 99% stake in the property, whereas your spouse owns the remaining 1%.\nIf you were to buy his\/her 1% share, you would only incur an ABSD of S$1,700 (S$1,000,000 X 1% X 17%) instead of paying the full ABSD of S$170,000. Meanwhile, the amount of BSD payable is just S$100 (S$10,000 X 1%). \nHowever,\nit was reported\nthat IRAS is investigating cases of property owners employing the 99-to-1 ownership manner with the deliberate purpose of avoiding ABSD. \nIf it's established that tax avoidance has taken place, IRAS will recover the rightful stamp duty and impose a 50% surcharge on the additional duty payable. Owners who miss the deadline to pay the stamp duty and penalty will also be imposed with penalties 4X the amount. \nBuying a new home means taking up the mantle in protecting it. Be sure to compare the best home insurance plans and give yourself greater peace of mind.\nSeller’s Stamp Duty (SSD) \nWho needs to pay SSD?\nApplicable to private residential properties purchased on or after 20 Feb 2010,\nSSD applies to you\nif you\nsell a property within three years of purchasing it\n. SSD was introduced in 2010 as means to curb the act of flipping properties for profit. \nSimply put, the shorter the holding period, the higher the SSD rate. SSD might also be applicable if the property changed hands through transfer of ownership, divorce or inheritance.\nHolding period\nSSD Rate\nUp to 1 year\n12%\nMore than 1 year and up to 2 years\n8%\nMore than 2 years and up to 3 years\n4%\nMore than 3 years\nNA\n*SSD rate applies to properties purchased on and after 11 Mar 2017\nBack to top\nHow to calculate the SSD payable\nLet’s say you’ve sold your condo at S$2,500,000 after one and a half years. \nSince the holding period is just under 2 years, you’ll be subjected to the 8% SSD rate\nSSD payable = S$2,500,000 x 8% = S$200,000\nIn conclusion\nBe sure to include the stamp duties in your financial planning if they apply to you. For instance, it is important to factor in the SSD early as it’ll have a direct impact on your sale proceeds. Pro tip: to make things easier, forego the manual calculations and tinker with the\nInland Revenue Authority of Singapore’s (IRAS) online stamp duty calculators\nto find out the exact amount you’ll need to pay.\nRead these next:\nBuying A HDB Resale Flat: How To Minimise Cash Over Valuation (COV)\nProperty Tax, Explained: Annual Value, Tax Rate And How To Make Payment\nHow To Buy A House In Singapore: A Complete Guide\n7 Popular Types Of Investment In Singapore (And Tips To Use Them For Optimal Gains)\nGuide To Property Investment In Singapore","attrs_markdown":"menu\n\n[![SingSaver-Coloured-logo-updated](https:\/\/www.singsaver.com.sg\/hubfs\/SingSaver-Coloured-logo-updated.png)](https:\/\/www.singsaver.com.sg\/)\n\nclose\n\n- [Credit Card]()\n  - [Compare]()\n    - [Best Credit Cards](https:\/\/www.singsaver.com.sg\/credit-card\/best)\n    - [Best Cashback Credit Cards](https:\/\/www.singsaver.com.sg\/credit-card\/comparison\/best-cashback-credit-cards)\n    - [Best Airmiles Credit 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[![Line](https:\/\/www.singsaver.com.sg\/hubfs\/Imported_Blog_Media\/line-color.png)](https:\/\/social-plugins.line.me\/lineit\/share?url=https:\/\/www.singsaver.com.sg\/blog\/property-stamp-duty-singapore \"Share on Line\")\n\n[Blog](https:\/\/www.singsaver.com.sg\/blog)\n\n[Own Property](https:\/\/www.singsaver.com.sg\/blog\/category\/own-property)\n\n[Property Investments](https:\/\/www.singsaver.com.sg\/blog\/category\/own-property\/property-investments)\n# Stamp Duty Singapore: BSD, ABSD, SSD And How They Affect You\n![Yen Joon](https:\/\/www.singsaver.com.sg\/hubfs\/SingSaver_YenJoon.jpg)\n\n### [Yen Joon](https:\/\/www.singsaver.com.sg\/blog\/author\/yen-joon-kang)\nLast updated 26 April, 2023\n\n![stamp duty singapore](https:\/\/www.singsaver.com.sg\/hs-fs\/hubfs\/stamp%20duty%20singapore.png?width=1200&name=stamp%20duty%20singapore.png)\n\nWhether you’ve bought or sold a home, chances are you’ve come across the tax that’s levied on real estate transactions, otherwise known as BSD, ABSD, and SSD.\n***\n### Best Home Insurance Plans in Singapore on SingSaver\n[AIG Enhanced Public Housing Contents Insurance (For HDB only)](https:\/\/singsaver.link\/aig-ephci) \\| [AIG Homes Complete Insurance](https:\/\/singsaver.link\/aig-homes-complete) \\| [AIG Home Advantage Package](https:\/\/singsaver.link\/aig-homes-advantage-package) \\| [MSIG Enhanced HomePlus](https:\/\/singsaver.link\/msig-enhanced-homeplus) \\| [Singlife Home Lite](https:\/\/singsaver.link\/aviva-home-insurance) \\| [FWD Home Insurance](https:\/\/singsaver.link\/fwd-home-insurance) \\| [TIQ Home Insurance](https:\/\/singsaver.link\/tiq-home-insurance) \\| [Sompo HomeBliss](https:\/\/singsaver.link\/sompo-homebliss) \\| [HL Assurance Home Protect360](https:\/\/singsaver.link\/hlas-home-protect360) \\| [Great Eastern Great Home Protect](https:\/\/singsaver.link\/GE-Home-GR8-Plus)\n***\nBuying and selling residential property in Singapore (especially if we’re talking about owning *multiple* properties) means having to deal with property stamp duty — buyer’s stamp duty (BSD), seller’s stamp duty (SSD) and additional buyer’s stamp duty (ABSD) to be exact.\n\nIf you’re wondering why there are more costs involved with buying property, it could all boil down to the introduction of property cooling measures designed to quell demand and limit the rise of buying-and-selling – also known as [flipping properties](https:\/\/www.singsaver.com.sg\/blog\/property-investment-guide) to make a profit.\n\nAs you may have guessed, the stamp duty payable depends on who you are in the property transaction. Here we’ll take a closer look at the different acronyms that permeate our real estate transactions and how much these taxes can potentially add up to.\n\nTable of contents\n\n- [What is Buyer's Stamp Duty?](https:\/\/www.singsaver.com.sg\/blog\/property-stamp-duty-singapore#what-is-bsd)\n- [How to calculate BSD](https:\/\/www.singsaver.com.sg\/blog\/property-stamp-duty-singapore#how-to-calculate-bsd)\n- [BSD exemptions](https:\/\/www.singsaver.com.sg\/blog\/property-stamp-duty-singapore#bsd-exemptions)\n- [What is Additional Buyer's Stamp Duty?](https:\/\/www.singsaver.com.sg\/blog\/property-stamp-duty-singapore#what-is-absd)\n- [How to calculate ABSD](https:\/\/www.singsaver.com.sg\/blog\/property-stamp-duty-singapore#how-tc-calculate-absd)\n- [ABSD remission](https:\/\/www.singsaver.com.sg\/blog\/property-stamp-duty-singapore#absd-remission)\n- [How to pay ABSD and BSD](https:\/\/www.singsaver.com.sg\/blog\/property-stamp-duty-singapore#how-to-pay-bsd-and-absd)\n- [ABSD exemptions](https:\/\/www.singsaver.com.sg\/blog\/property-stamp-duty-singapore#absd-exemptions)\n- [What is Seller's Stamp Duty?](https:\/\/www.singsaver.com.sg\/blog\/property-stamp-duty-singapore#what-is-ssd)\n- [How to calculate SSD](https:\/\/www.singsaver.com.sg\/blog\/property-stamp-duty-singapore#how-to-calculate-ssd)\n## **Buyer’s Stamp Duty (BSD)**\n### **Who needs to pay BSD?**\nThere’s no other way around it — when you’re buying a property or land in Singapore, BSD will be levied on your purchase. The BSD rate depends on the purchase price or market value of the property, whichever is higher.\n\nFrom [15 February 2023](https:\/\/www.iras.gov.sg\/taxes\/stamp-duty\/for-property\/buying-or-acquiring-property\/buyer's-stamp-duty-\$bsd\$) onwards, the BSD rate is as follows:\n\n|   |   |   |\n|---|---|---|\n| Purchase price or market value of the property | BSD rates for residential properties (from 15 February 2023) | BSD rates for non-residential properties (from 15 February 2023) |\n| First S\\$180,000 | 1% | 1% |\n| Next S\\$180,000 | 2% | 2% |\n| Next S\\$640,000 | 3% | 3% |\n| Next S\\$500,000 | 4% | 4% |\n| Next S\\$1.5 million | 5% | 5% |\n| Properties in excess of S\\$3 million | 6% | 5% |\n\nHere are the previous rates from 20 Feb 2018 to 14 February 2023:\n\n|   |   |   |\n|---|---|---|\n| Purchase price or market value of the property | BSD rates for residential properties (20 Feb 2018 to 14 February 2023) | BSD rates for non-residential properties (20 Feb 2018 to 14 February 2023) |\n| First S\\$180,000 | 1% | 1% |\n| Next S\\$180,000 | 2% | 2% |\n| Next S\\$640,000 | 3% | \\- |\n| Remaining amount | 4% | 3% |\n### **How to calculate BSD payable**\nHere’s what your BSD calculation could look like if you buy a 4-room HDB resale flat at S\\$500,000.\n\n|   |   |   |\n|---|---|---|\n| Purchase price or market value of the residential property | BSD rate | Amount |\n| First \\$180,000 | 1% | S\\$180,000 x 1% = S\\$1,800 |\n| Next \\$180,000 | 2% | S\\$180,000 x 2% = S\\$3,600 |\n| Next \\$640,000 | 3% | (S\\$600,000 - S\\$180,000 - S\\$180,000 x 3%) = S\\$7,200 |\n\nBased on the calculations above, your BSD payable adds up to = S\\$1,800 + S\\$3,600 + S\\$7,200 = S\\$12,600\n\nHere's a quick way to calculate BSD:\n\n### Are there any exemptions where I don't need to pay BSD in Singapore?\nThat said, there are a few instances where [BSD won't apply](https:\/\/www.iras.gov.sg\/taxes\/stamp-duty\/for-property\/appeals-refunds-reliefs-and-remissions\/common-stamp-duty-remissions-and-reliefs-for-property), such as:\n\n- Aborted sale and purchase agreements\n- Matrimonial proceedings\n- Conveyance directions\n- Transfer HDB flats within a family\n- Through property inheritance\n***\nSingSaver Exclusive Promotion: Enjoy **20% off** for MSIG Home Insurance. Also receive the following below:\n\n- Up to **S\\$40 PayNow**. Valid till 28 February 2026. [T\\&Cs apply](https:\/\/singsaver.link\/hi-rewards-campaign)\n***\n## **Additional Buyer’s Stamp Duty (ABSD)**\n### **Who needs to pay additional buyer’s stamp duty?**\nOn top of BSD, you may also need to pay ABSD depending on criteria such as your residency status and the number of properties that you own.\n\nFor Singaporeans, ABSD applies to you if you buy your second or subsequent properties. Yes, this means you’ll have to pay ABSD on top of the initial BSD. The ABSD amount is based on the valuation or the property’s selling price, whichever is higher.\n\n### What is the ABSD rate in Singapore?\nHere are the current ABSD rates:\n\n|   |   |   |   |\n|---|---|---|---|\n| Property type | Buyer type | ABSD rates (from 16 December 2021 to 26 April 2023) | ABSD rates (on or after 27 April 2023) |\n| First property | Singapore citizen | N.A | N.A |\n| Second property | Singapore citizen | 17% | 20% |\n| Third and subsequent properties | Singapore citizen | 25% | 30% |\n| First property | Singapore permanent resident | 5% | 5% |\n| Second property | Singapore permanent resident | 25% | 30% |\n| Third and subsequent properties | Singapore permanent resident | 30% | 35% |\n| Any residential property | Foreigner | 30% | 60% |\n| Any residential property | Entities (companies, trustees, or associations) | 35% | 65% |\n### **How do you calculate ABSD in Singapore?**\nSay that you're buying a property for S\\$2 million, and you're subjected to a 17% ABSD. The ABSD amount you'll need to pay is S\\$2 million X 17% = S\\$340,000.\n\nYou can also use [IRAS' stamp duty calculator](https:\/\/mytax.iras.gov.sg\/ESVWeb\/default.aspx?target=MSDCalculatorIntro) to calculate the amount of BSD and ABSD payable.   \n  \nThat said, you can apply for ABSD remission, which exempts you from having to fork out the hefty ABSD payment.\n\n[Back to top](https:\/\/www.singsaver.com.sg\/blog\/property-stamp-duty-singapore#back-to-top)\n\n### **Who can apply for ABSD remission?**\n[According to IRAS](https:\/\/www.iras.gov.sg\/docs\/default-source\/stamp-duty\/absd-rates-or-remission-for-joint-purchase-by-a-married-couple_2021.pdf?Status=Master&sfvrsn=849c815c_6), you may be eligible for ABSD remission if the following scenarios apply to you:\n\n- If you're a married couple (with at least one Singaporean citizen) who’s buying your first property through a joint purchase (i.e. the house is under both names only)\n- If you're a married couple (consisting of at least one Singaporean citizen) selling your first property within six months after the Temporary Occupation Permit (TOP) or Certificate of Statutory Compliance (CSC) of your second property\n\nYou can apply for an [ABSD remission on IRAS' website here](https:\/\/mytax.iras.gov.sg\/ESVWeb\/default.aspx).\n\n### **What if you're buying a property jointly with someone else?**\nIf you're buying a property with someone else and ABSD applies to both of you, the higher ABSD rate will apply.\n\nFor instance, say that you're jointly buying a condo as a Singaporean couple. You both also have the following properties:\n\n|   |   |\n|---|---|\n| Your properties | Your spouse's properties |\n| Condo unit (sole owner) | Condo unit (sole owner) |\n| HDB flat (joint owner) |   |\n\nBased on the above, your spouse incurs 20% ABSD, but your applicable ABSD is 30%. Hence, the ABSD payable is 30%.\n\nHow do I pay BSD and ABSD in Singapore?\n\nThere are a few ways to [pay BSD and ABSD](https:\/\/www.iras.gov.sg\/quick-links\/payments?taxtype=Stamp%20Duty):\n\n- GIRO\n- PayNow QR\n- AXS\n- One-time GIRO deduction using DBS\/POSB\n- Internet banking fund transfer\n- Telegraphic transfer\n- SingPost service bureaurs (Chinatown, Novena, Raffles Place, Shenton Way)\n- Cheque\/cashier's order\n\nBSD and ABSD must be paid in full and cannot be paid in instalments. You can use your [CPF money](https:\/\/www.iras.gov.sg\/quick-links\/payments?taxtype=Stamp%20Duty) to pay BSD and ABSD first and apply for reimbursement from your CPF account later.\n\n### ABSD and BSD deadline\nIf the sale and purchase agreement was signed in Singapore, the BSD and ABSD must be paid within 14 days of signing the sale and purchase agreement or the date of acceptance of the option to purchase (OTP).\n\nIf the sale and purchase agreement was signed overseas, then the deadline is 30 days after the agreement was received in Singapore.\n\nAny delays in payment will result in penalty charges, and IRAS may also take [legal action](https:\/\/www.iras.gov.sg\/taxes\/stamp-duty\/for-shares\/paying-stamp-duty\/late-payment-or-non-payment-of-stamp-duty) against you or impose a Travel Restriction Order to prevent you from leaving Singapore.\n\n[Back to top](https:\/\/www.singsaver.com.sg\/blog\/property-stamp-duty-singapore#back-to-top)\n\n### ABSD exemptions\nThere are a few scenarios where you won't need to pay ABSD in Singapore:\n\n- Where you have already contacted to sell your current residential property before signing the OTP for the new residential property\n- If you're downgrading from a private property to buy an HDB resale flat\n- If you 'decouple' as joint owners, where one of the co-owners transfers his\/her share to the other co-owner. By doing so, he\/she will be considered a first-timer and is free to buy a second property without incurring ABSD. You can decouple in two ways: selling your shares to the other co-owner or transferring via a gift. Note that decoupling only works for private properties\n- If you're a foreigner under the respective [Free Trade Agreements](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\$) (nationals or permanent residents of Iceland, Liechtenstein, Norway, or Switzerland, and nationals of the United States of America)\n## 99-to-1 loophole\nA popular hack known as the 99-to-1 ownership method allows co-owners under tenancy-in-common ownership to easily decouple and buy their second and subsequent properties to avoid hefty stamp duties.\n\nUnlike joint tenancy, where each co-owner has an equal share in a property, [tenancy-in-common](https:\/\/www.singsaver.com.sg\/blog\/joint-tenancy-vs-tenancy-in-common) allows co-owners of a property to have different stakes (e.g. 70% to 30%, 85% to 15%, etc.).\n\nThus, tenants-in-common under the 99-to-1 ownership method basically means that one co-owner has a 99% share in the property while the other co-owner owns the remaining 1%.\n\nOne of the main reasons why married couples employ the 99-to-1 ownership strategy when they buy a private property is because it's less expensive for them to decouple in the future if they want to avoid hefty ABSD charges should they buy a second property.\n\nMoreover, the 99-to-1 strategy also incurs a lower BSD.\n\nFor instance, say that you and your spouse purchase a condo unit worth S\\$1 million as tenants-in-common. You own a 99% stake in the property, whereas your spouse owns the remaining 1%.\n\nIf you were to buy his\/her 1% share, you would only incur an ABSD of S\\$1,700 (S\\$1,000,000 X 1% X 17%) instead of paying the full ABSD of S\\$170,000. Meanwhile, the amount of BSD payable is just S\\$100 (S\\$10,000 X 1%).\n\nHowever, [it was reported](https:\/\/www.channelnewsasia.com\/singapore\/99-1-private-property-absd-iras-tax-avoidance-evasion-stamp-duty-3395916) that IRAS is investigating cases of property owners employing the 99-to-1 ownership manner with the deliberate purpose of avoiding ABSD.\n\nIf it's established that tax avoidance has taken place, IRAS will recover the rightful stamp duty and impose a 50% surcharge on the additional duty payable. Owners who miss the deadline to pay the stamp duty and penalty will also be imposed with penalties 4X the amount.\n***\nBuying a new home means taking up the mantle in protecting it. Be sure to compare the best home insurance plans and give yourself greater peace of mind.\n\n[**Compare Best Home Insurance**](https:\/\/www.singsaver.com.sg\/home-insurance)\n***\n## **Seller’s Stamp Duty (SSD)**\n### **Who needs to pay SSD?**\nApplicable to private residential properties purchased on or after 20 Feb 2010, [SSD applies to you](https:\/\/www.iras.gov.sg\/taxes\/stamp-duty\/for-property\/selling-or-disposing-property\/seller's-stamp-duty-\$ssd\$-for-residential-property) if you sell a property within three years of purchasing it. SSD was introduced in 2010 as means to curb the act of flipping properties for profit.\n\nSimply put, the shorter the holding period, the higher the SSD rate. SSD might also be applicable if the property changed hands through transfer of ownership, divorce or inheritance.\n\n|   |   |\n|---|---|\n| Holding period | SSD Rate |\n| Up to 1 year | 12% |\n| More than 1 year and up to 2 years | 8% |\n| More than 2 years and up to 3 years | 4% |\n| More than 3 years | NA |\n\n*\\*SSD rate applies to properties purchased on and after 11 Mar 2017*\n\n[Back to top](https:\/\/www.singsaver.com.sg\/blog\/property-stamp-duty-singapore#back-to-top)\n\n### **How to calculate the SSD payable**\nLet’s say you’ve sold your condo at S\\$2,500,000 after one and a half years.\n\nSince the holding period is just under 2 years, you’ll be subjected to the 8% SSD rate\n\nSSD payable = S\\$2,500,000 x 8% = S\\$200,000\n\n##\n## **In conclusion**\nBe sure to include the stamp duties in your financial planning if they apply to you. For instance, it is important to factor in the SSD early as it’ll have a direct impact on your sale proceeds. Pro tip: to make things easier, forego the manual calculations and tinker with the [Inland Revenue Authority of Singapore’s (IRAS) online stamp duty calculators](https:\/\/www.iras.gov.sg\/irashome\/Other-Taxes\/Stamp-Duty-for-Property\/) to find out the exact amount you’ll need to pay.\n\n[**Compare Best Home Insurance**](https:\/\/www.singsaver.com.sg\/home-insurance)\n\n**Read these next:**  \n[Buying A HDB Resale Flat: How To Minimise Cash Over Valuation (COV)](https:\/\/www.singsaver.com.sg\/blog\/minimise-cash-over-valuation)  \n[Property Tax, Explained: Annual Value, Tax Rate And How To Make Payment](https:\/\/www.singsaver.com.sg\/blog\/property-tax-explained)  \n[How To Buy A House In Singapore: A Complete Guide](https:\/\/www.singsaver.com.sg\/blog\/how-to-buy-a-house-in-singapore)  \n[7 Popular Types Of Investment In Singapore (And Tips To Use Them For Optimal Gains)](https:\/\/www.singsaver.com.sg\/blog\/popular-investment-types)  \n[Guide To Property Investment In Singapore](https:\/\/www.singsaver.com.sg\/blog\/property-investment-guide)\n\nSimilar articles   \n [Singapore Budget 2023: Higher HDB Grants, Stamp Duties, and ARF Rates - How Will They Affect You?](https:\/\/www.singsaver.com.sg\/blog\/singapore-budget-2023-property-cars-how-will-it-address-rising-mortgage-rates)   \n [Inheriting A Property In Singapore: Do You Need To Pay Inheritance Tax And Stamp Duties?](https:\/\/www.singsaver.com.sg\/blog\/property-inheritance-tax-singapore)   \n [REITs VS Commercial Real Estate In Singapore: Which One Is A Better Investment?](https:\/\/www.singsaver.com.sg\/blog\/reits-vs-real-estate-investments)   \n [Downpayment For Condo In Singapore: How Much Cash Will You Need Upfront?](https:\/\/www.singsaver.com.sg\/blog\/downpayment-for-condo-singapore)   \n [Property Tax, Explained: Annual Value, Tax Rate And How To Make Payment](https:\/\/www.singsaver.com.sg\/blog\/property-tax-explained)   \n [7 Money Considerations When Switching Properties](https:\/\/www.singsaver.com.sg\/blog\/7-money-considerations-when-switching-properties)   \n [Cheapest Open Electricity Market Price Plans in Singapore](https:\/\/www.singsaver.com.sg\/blog\/cheapest-open-electricity-market-price-plans-in-singapore)   \n [Can I Afford This? Salary Benchmarks For Upgrading To A Condo In Different Districts](https:\/\/www.singsaver.com.sg\/blog\/condo-downpayment-and-salary-benchmarks-for-buying-private-properties)\n\nTags\n\n[ABSD](https:\/\/www.singsaver.com.sg\/blog\/tag\/absd) [Stamp Duty](https:\/\/www.singsaver.com.sg\/blog\/tag\/stamp-duty) [SSD](https:\/\/www.singsaver.com.sg\/blog\/tag\/ssd) [Owning Property](https:\/\/www.singsaver.com.sg\/blog\/tag\/owning-property) [Guides & Tips](https:\/\/www.singsaver.com.sg\/blog\/tag\/guides-tips) [BSD](https:\/\/www.singsaver.com.sg\/blog\/tag\/bsd)\n\n![Yen Joon](https:\/\/www.singsaver.com.sg\/hubfs\/SingSaver_YenJoon.jpg)\n\n### [Yen Joon](https:\/\/www.singsaver.com.sg\/blog\/author\/yen-joon-kang)\n\nIn my past life, I was always broke because of a lack of financial literacy. Now, I publish a few posts every week\\* on personal finance to help you manage your money better. \\*I mean, I’ll try\n\n[![](https:\/\/www.singsaver.com.sg\/hubfs\/Website%202022%20image\/dark_left.svg) Back to Blog](https:\/\/www.singsaver.com.sg\/blog)\n\n### Related Articles\n[![Guide To Commercial Property Investment in Singapore](https:\/\/www.singsaver.com.sg\/hs-fs\/hubfs\/commercial%20property-1.png?width=280&name=commercial%20property-1.png)](https:\/\/www.singsaver.com.sg\/blog\/commercial-property-investment-guide-singapore)\n\n[Property Investments](https:\/\/www.singsaver.com.sg\/blog\/category\/own-property\/property-investments)\n\n#### [Guide To Commercial Property Investment in Singapore](https:\/\/www.singsaver.com.sg\/blog\/commercial-property-investment-guide-singapore)\nJuly 18, 2024\n\n[![5 Reasons Why Executive Condominiums Could Make A Better Investment Despite Rising Inflation](https:\/\/www.singsaver.com.sg\/hs-fs\/hubfs\/assets_singsaver\/Blog-Hero-Set-2-14-5-Reasons-Why-Executive-Condominiums-Could-Make-A-Better-Investment-Despite-Rising-Inflation.jpg?width=280&name=Blog-Hero-Set-2-14-5-Reasons-Why-Executive-Condominiums-Could-Make-A-Better-Investment-Despite-Rising-Inflation.jpg)](https:\/\/www.singsaver.com.sg\/blog\/reasons-executive-condos-could-make-better-investments-despite-inflation)\n\n[Property Investments](https:\/\/www.singsaver.com.sg\/blog\/category\/own-property\/property-investments)\n\n#### [5 Reasons Why Executive Condominiums Could Make A Better Investment Despite Rising Inflation](https:\/\/www.singsaver.com.sg\/blog\/reasons-executive-condos-could-make-better-investments-despite-inflation)\nJune 22, 2022\n\n[![Can Your Real Estate Investment Hedge Against Inflation?](https:\/\/www.singsaver.com.sg\/hs-fs\/hubfs\/assets_singsaver\/14Jun-Blog-Hero-10-Can-Your-Home-Investment-Hedge-Against-Inflation-_-Rising-Interest-Rates_.jpg?width=280&name=14Jun-Blog-Hero-10-Can-Your-Home-Investment-Hedge-Against-Inflation-_-Rising-Interest-Rates_.jpg)](https:\/\/www.singsaver.com.sg\/blog\/can-your-real-estate-investment-hedge-against-inflation-and-rising-interest-rates)\n\n[Property Investments](https:\/\/www.singsaver.com.sg\/blog\/category\/own-property\/property-investments)\n\n#### [Can Your Real Estate Investment Hedge Against Inflation?](https:\/\/www.singsaver.com.sg\/blog\/can-your-real-estate-investment-hedge-against-inflation-and-rising-interest-rates)\nJune 10, 2022\n\n### FINANCIAL TIP:\n#### Use a personal loan to consolidate your outstanding debt at a lower interest rate\\!\n#### Sign up for our newsletter for financial tips, tricks and exclusive information that can be personalised to your 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All rights reserved. This online platform is operated by SingSaver Pte. Ltd. and by continuing to use www.singsaver.com.sg (the “SingSaver Website”) or by carrying out a transaction on the SingSaver Website, users are deemed to have agreed with the [Terms and Conditions](https:\/\/www.singsaver.com.sg\/page\/singsaver-terms) and [Privacy Policy](https:\/\/www.singsaver.com.sg\/page\/singsaver-privacy-policy) of the SingSaver Website. All insurance product-related transactions on the SingSaver Website are arranged and administered by SingSaver Insurance Brokers Pte. Ltd., a wholly owned subsidiary of SingSaver Pte. Ltd. SingSaver Insurance Brokers Pte. Ltd. is a licensed and authorised broker regulated by the Monetary Authority of Singapore (“MAS”). SingSaver Pte. Ltd. (which administers all other financial products on the SingSaver Website) is not regulated by MAS. SingSaver is located at Eon Shenton, 70 Shenton Way, 18-08, Singapore, 079118.","attrs_readable_markdown":"Whether you’ve bought or sold a home, chances are you’ve come across the tax that’s levied on real estate transactions, otherwise known as BSD, ABSD, and SSD. Best Home Insurance Plans in Singapore on SingSaver [AIG Enhanced Public Housing Contents Insurance (For HDB only)](https:\/\/singsaver.link\/aig-ephci) \\| [AIG Homes Complete Insurance](https:\/\/singsaver.link\/aig-homes-complete) \\| [AIG Home Advantage Package](https:\/\/singsaver.link\/aig-homes-advantage-package) \\| [MSIG Enhanced HomePlus](https:\/\/singsaver.link\/msig-enhanced-homeplus) \\| [Singlife Home Lite](https:\/\/singsaver.link\/aviva-home-insurance) \\| [FWD Home Insurance](https:\/\/singsaver.link\/fwd-home-insurance) \\| [TIQ Home Insurance](https:\/\/singsaver.link\/tiq-home-insurance) \\| [Sompo HomeBliss](https:\/\/singsaver.link\/sompo-homebliss) \\| [HL Assurance Home Protect360](https:\/\/singsaver.link\/hlas-home-protect360) \\| [Great Eastern Great Home Protect](https:\/\/singsaver.link\/GE-Home-GR8-Plus) Buying and selling residential property in Singapore (especially if we’re talking about owning *multiple* properties) means having to deal with property stamp duty — buyer’s stamp duty (BSD), seller’s stamp duty (SSD) and additional buyer’s stamp duty (ABSD) to be exact. If you’re wondering why there are more costs involved with buying property, it could all boil down to the introduction of property cooling measures designed to quell demand and limit the rise of buying-and-selling – also known as [flipping properties](https:\/\/www.singsaver.com.sg\/blog\/property-investment-guide) to make a profit. As you may have guessed, the stamp duty payable depends on who you are in the property transaction. Here we’ll take a closer look at the different acronyms that permeate our real estate transactions and how much these taxes can potentially add up to. Table of contents [What is Buyer's Stamp Duty?](https:\/\/www.singsaver.com.sg\/blog\/property-stamp-duty-singapore#what-is-bsd) [How to calculate BSD](https:\/\/www.singsaver.com.sg\/blog\/property-stamp-duty-singapore#how-to-calculate-bsd) [BSD exemptions](https:\/\/www.singsaver.com.sg\/blog\/property-stamp-duty-singapore#bsd-exemptions) [What is Additional Buyer's Stamp Duty?](https:\/\/www.singsaver.com.sg\/blog\/property-stamp-duty-singapore#what-is-absd) [How to calculate ABSD](https:\/\/www.singsaver.com.sg\/blog\/property-stamp-duty-singapore#how-tc-calculate-absd) [ABSD remission](https:\/\/www.singsaver.com.sg\/blog\/property-stamp-duty-singapore#absd-remission) [How to pay ABSD and BSD](https:\/\/www.singsaver.com.sg\/blog\/property-stamp-duty-singapore#how-to-pay-bsd-and-absd) [ABSD exemptions](https:\/\/www.singsaver.com.sg\/blog\/property-stamp-duty-singapore#absd-exemptions) [What is Seller's Stamp Duty?](https:\/\/www.singsaver.com.sg\/blog\/property-stamp-duty-singapore#what-is-ssd) [How to calculate SSD](https:\/\/www.singsaver.com.sg\/blog\/property-stamp-duty-singapore#how-to-calculate-ssd) **Buyer’s Stamp Duty (BSD)** **Who needs to pay BSD?** There’s no other way around it — when you’re buying a property or land in Singapore, BSD will be levied on your purchase. The BSD rate depends on the purchase price or market value of the property, whichever is higher. From [15 February 2023](https:\/\/www.iras.gov.sg\/taxes\/stamp-duty\/for-property\/buying-or-acquiring-property\/buyer's-stamp-duty-\$bsd\$) onwards, the BSD rate is as follows:       Purchase price or market value of the property BSD rates for residential properties (from 15 February 2023) BSD rates for non-residential properties (from 15 February 2023) First S\\$180,000 1% 1% Next S\\$180,000 2% 2% Next S\\$640,000 3% 3% Next S\\$500,000 4% 4% Next S\\$1.5 million 5% 5% Properties in excess of S\\$3 million 6% 5% Here are the previous rates from 20 Feb 2018 to 14 February 2023:       Purchase price or market value of the property BSD rates for residential properties (20 Feb 2018 to 14 February 2023) BSD rates for non-residential properties (20 Feb 2018 to 14 February 2023) First S\\$180,000 1% 1% Next S\\$180,000 2% 2% Next S\\$640,000 3% \\- Remaining amount 4% 3% **How to calculate BSD payable** Here’s what your BSD calculation could look like if you buy a 4-room HDB resale flat at S\\$500,000.       Purchase price or market value of the residential property BSD rate Amount First \\$180,000 1% S\\$180,000 x 1% = S\\$1,800 Next \\$180,000 2% S\\$180,000 x 2% = S\\$3,600 Next \\$640,000 3% (S\\$600,000 - S\\$180,000 - S\\$180,000 x 3%) = S\\$7,200 Based on the calculations above, your BSD payable adds up to = S\\$1,800 + S\\$3,600 + S\\$7,200 = S\\$12,600 Here's a quick way to calculate BSD: Are there any exemptions where I don't need to pay BSD in Singapore? That said, there are a few instances where [BSD won't apply](https:\/\/www.iras.gov.sg\/taxes\/stamp-duty\/for-property\/appeals-refunds-reliefs-and-remissions\/common-stamp-duty-remissions-and-reliefs-for-property), such as: Aborted sale and purchase agreements Matrimonial proceedings Conveyance directions Transfer HDB flats within a family Through property inheritance **Additional Buyer’s Stamp Duty (ABSD)** **Who needs to pay additional buyer’s stamp duty?** On top of BSD, you may also need to pay ABSD depending on criteria such as your residency status and the number of properties that you own. For Singaporeans, ABSD applies to you if you buy your second or subsequent properties. Yes, this means you’ll have to pay ABSD on top of the initial BSD. The ABSD amount is based on the valuation or the property’s selling price, whichever is higher. What is the ABSD rate in Singapore? Here are the current ABSD rates:         Property type Buyer type ABSD rates (from 16 December 2021 to 26 April 2023) ABSD rates (on or after 27 April 2023) First property Singapore citizen N.A N.A Second property Singapore citizen 17% 20% Third and subsequent properties Singapore citizen 25% 30% First property Singapore permanent resident 5% 5% Second property Singapore permanent resident 25% 30% Third and subsequent properties Singapore permanent resident 30% 35% Any residential property Foreigner 30% 60% Any residential property Entities (companies, trustees, or associations) 35% 65% **How do you calculate ABSD in Singapore?** Say that you're buying a property for S\\$2 million, and you're subjected to a 17% ABSD. The ABSD amount you'll need to pay is S\\$2 million X 17% = S\\$340,000. You can also use [IRAS' stamp duty calculator](https:\/\/mytax.iras.gov.sg\/ESVWeb\/default.aspx?target=MSDCalculatorIntro) to calculate the amount of BSD and ABSD payable. That said, you can apply for ABSD remission, which exempts you from having to fork out the hefty ABSD payment. [Back to top](https:\/\/www.singsaver.com.sg\/blog\/property-stamp-duty-singapore#back-to-top) **Who can apply for ABSD remission?** [According to IRAS](https:\/\/www.iras.gov.sg\/docs\/default-source\/stamp-duty\/absd-rates-or-remission-for-joint-purchase-by-a-married-couple_2021.pdf?Status=Master&sfvrsn=849c815c_6), you may be eligible for ABSD remission if the following scenarios apply to you: If you're a married couple (with at least one Singaporean citizen) who’s buying your first property through a joint purchase (i.e. the house is under both names only) If you're a married couple (consisting of at least one Singaporean citizen) selling your first property within six months after the Temporary Occupation Permit (TOP) or Certificate of Statutory Compliance (CSC) of your second property You can apply for an [ABSD remission on IRAS' website here](https:\/\/mytax.iras.gov.sg\/ESVWeb\/default.aspx). **What if you're buying a property jointly with someone else?** If you're buying a property with someone else and ABSD applies to both of you, the higher ABSD rate will apply. For instance, say that you're jointly buying a condo as a Singaporean couple. You both also have the following properties:     Your properties Your spouse's properties Condo unit (sole owner) Condo unit (sole owner) HDB flat (joint owner)   Based on the above, your spouse incurs 20% ABSD, but your applicable ABSD is 30%. Hence, the ABSD payable is 30%. How do I pay BSD and ABSD in Singapore? There are a few ways to [pay BSD and ABSD](https:\/\/www.iras.gov.sg\/quick-links\/payments?taxtype=Stamp%20Duty): GIRO PayNow QR AXS One-time GIRO deduction using DBS\/POSB Internet banking fund transfer Telegraphic transfer SingPost service bureaurs (Chinatown, Novena, Raffles Place, Shenton Way) Cheque\/cashier's order BSD and ABSD must be paid in full and cannot be paid in instalments. You can use your [CPF money](https:\/\/www.iras.gov.sg\/quick-links\/payments?taxtype=Stamp%20Duty) to pay BSD and ABSD first and apply for reimbursement from your CPF account later. ABSD and BSD deadline If the sale and purchase agreement was signed in Singapore, the BSD and ABSD must be paid within 14 days of signing the sale and purchase agreement or the date of acceptance of the option to purchase (OTP). If the sale and purchase agreement was signed overseas, then the deadline is 30 days after the agreement was received in Singapore. Any delays in payment will result in penalty charges, and IRAS may also take [legal action](https:\/\/www.iras.gov.sg\/taxes\/stamp-duty\/for-shares\/paying-stamp-duty\/late-payment-or-non-payment-of-stamp-duty) against you or impose a Travel Restriction Order to prevent you from leaving Singapore. [Back to top](https:\/\/www.singsaver.com.sg\/blog\/property-stamp-duty-singapore#back-to-top) ABSD exemptions There are a few scenarios where you won't need to pay ABSD in Singapore: Where you have already contacted to sell your current residential property before signing the OTP for the new residential property If you're downgrading from a private property to buy an HDB resale flat If you 'decouple' as joint owners, where one of the co-owners transfers his\/her share to the other co-owner. By doing so, he\/she will be considered a first-timer and is free to buy a second property without incurring ABSD. You can decouple in two ways: selling your shares to the other co-owner or transferring via a gift. Note that decoupling only works for private properties If you're a foreigner under the respective [Free Trade Agreements](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\$) (nationals or permanent residents of Iceland, Liechtenstein, Norway, or Switzerland, and nationals of the United States of America) 99-to-1 loophole A popular hack known as the 99-to-1 ownership method allows co-owners under tenancy-in-common ownership to easily decouple and buy their second and subsequent properties to avoid hefty stamp duties. Unlike joint tenancy, where each co-owner has an equal share in a property, [tenancy-in-common](https:\/\/www.singsaver.com.sg\/blog\/joint-tenancy-vs-tenancy-in-common) allows co-owners of a property to have different stakes (e.g. 70% to 30%, 85% to 15%, etc.). Thus, tenants-in-common under the 99-to-1 ownership method basically means that one co-owner has a 99% share in the property while the other co-owner owns the remaining 1%. One of the main reasons why married couples employ the 99-to-1 ownership strategy when they buy a private property is because it's less expensive for them to decouple in the future if they want to avoid hefty ABSD charges should they buy a second property. Moreover, the 99-to-1 strategy also incurs a lower BSD. For instance, say that you and your spouse purchase a condo unit worth S\\$1 million as tenants-in-common. You own a 99% stake in the property, whereas your spouse owns the remaining 1%. If you were to buy his\/her 1% share, you would only incur an ABSD of S\\$1,700 (S\\$1,000,000 X 1% X 17%) instead of paying the full ABSD of S\\$170,000. Meanwhile, the amount of BSD payable is just S\\$100 (S\\$10,000 X 1%). However, [it was reported](https:\/\/www.channelnewsasia.com\/singapore\/99-1-private-property-absd-iras-tax-avoidance-evasion-stamp-duty-3395916) that IRAS is investigating cases of property owners employing the 99-to-1 ownership manner with the deliberate purpose of avoiding ABSD. If it's established that tax avoidance has taken place, IRAS will recover the rightful stamp duty and impose a 50% surcharge on the additional duty payable. Owners who miss the deadline to pay the stamp duty and penalty will also be imposed with penalties 4X the amount. Buying a new home means taking up the mantle in protecting it. Be sure to compare the best home insurance plans and give yourself greater peace of mind. **Seller’s Stamp Duty (SSD)** **Who needs to pay SSD?** Applicable to private residential properties purchased on or after 20 Feb 2010, [SSD applies to you](https:\/\/www.iras.gov.sg\/taxes\/stamp-duty\/for-property\/selling-or-disposing-property\/seller's-stamp-duty-\$ssd\$-for-residential-property) if you sell a property within three years of purchasing it. SSD was introduced in 2010 as means to curb the act of flipping properties for profit. Simply put, the shorter the holding period, the higher the SSD rate. SSD might also be applicable if the property changed hands through transfer of ownership, divorce or inheritance.     Holding period SSD Rate Up to 1 year 12% More than 1 year and up to 2 years 8% More than 2 years and up to 3 years 4% More than 3 years NA *\\*SSD rate applies to properties purchased on and after 11 Mar 2017* [Back to top](https:\/\/www.singsaver.com.sg\/blog\/property-stamp-duty-singapore#back-to-top) **How to calculate the SSD payable** Let’s say you’ve sold your condo at S\\$2,500,000 after one and a half years. Since the holding period is just under 2 years, you’ll be subjected to the 8% SSD rate SSD payable = S\\$2,500,000 x 8% = S\\$200,000 **In conclusion** Be sure to include the stamp duties in your financial planning if they apply to you. For instance, it is important to factor in the SSD early as it’ll have a direct impact on your sale proceeds. Pro tip: to make things easier, forego the manual calculations and tinker with the [Inland Revenue Authority of Singapore’s (IRAS) online stamp duty calculators](https:\/\/www.iras.gov.sg\/irashome\/Other-Taxes\/Stamp-Duty-for-Property\/) to find out the exact amount you’ll need to pay. **Read these next:**  \n[Buying A HDB Resale Flat: How To Minimise Cash Over Valuation (COV)](https:\/\/www.singsaver.com.sg\/blog\/minimise-cash-over-valuation)  \n[Property Tax, Explained: Annual Value, Tax Rate And How To Make Payment](https:\/\/www.singsaver.com.sg\/blog\/property-tax-explained)  \n[How To Buy A House In Singapore: A Complete Guide](https:\/\/www.singsaver.com.sg\/blog\/how-to-buy-a-house-in-singapore)  \n[7 Popular Types Of Investment In Singapore (And Tips To Use Them For Optimal Gains)](https:\/\/www.singsaver.com.sg\/blog\/popular-investment-types)  \n[Guide To Property Investment In Singapore](https:\/\/www.singsaver.com.sg\/blog\/property-investment-guide)","meta_canonical":null}

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URL	https://www.singsaver.com.sg/blog/property-stamp-duty-singapore
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Boilerpipe Text	Whether you’ve bought or sold a home, chances are you’ve come across the tax that’s levied on real estate transactions, otherwise known as BSD, ABSD, and SSD. Best Home Insurance Plans in Singapore on SingSaver AIG Enhanced Public Housing Contents Insurance (For HDB only) \| AIG Homes Complete Insurance \| AIG Home Advantage Package \| MSIG Enhanced HomePlus \| Singlife Home Lite \| FWD Home Insurance \| TIQ Home Insurance \| Sompo HomeBliss \| HL Assurance Home Protect360 \| Great Eastern Great Home Protect Buying and selling residential property in Singapore (especially if we’re talking about owning multiple properties) means having to deal with property stamp duty — buyer’s stamp duty (BSD), seller’s stamp duty (SSD) and additional buyer’s stamp duty (ABSD) to be exact. If you’re wondering why there are more costs involved with buying property, it could all boil down to the introduction of property cooling measures designed to quell demand and limit the rise of buying-and-selling – also known as flipping properties to make a profit. As you may have guessed, the stamp duty payable depends on who you are in the property transaction. Here we’ll take a closer look at the different acronyms that permeate our real estate transactions and how much these taxes can potentially add up to. Table of contents What is Buyer's Stamp Duty? How to calculate BSD BSD exemptions What is Additional Buyer's Stamp Duty? How to calculate ABSD ABSD remission How to pay ABSD and BSD ABSD exemptions What is Seller's Stamp Duty? How to calculate SSD Buyer’s Stamp Duty (BSD) Who needs to pay BSD? There’s no other way around it — when you’re buying a property or land in Singapore, BSD will be levied on your purchase. The BSD rate depends on the purchase price or market value of the property, whichever is higher. From 15 February 2023 onwards, the BSD rate is as follows: Purchase price or market value of the property BSD rates for residential properties (from 15 February 2023) BSD rates for non-residential properties (from 15 February 2023) First S$180,000 1% 1% Next S$180,000 2% 2% Next S$640,000 3% 3% Next S$500,000 4% 4% Next S$1.5 million 5% 5% Properties in excess of S$3 million 6% 5% Here are the previous rates from 20 Feb 2018 to 14 February 2023: Purchase price or market value of the property BSD rates for residential properties (20 Feb 2018 to 14 February 2023) BSD rates for non-residential properties (20 Feb 2018 to 14 February 2023) First S$180,000 1% 1% Next S$180,000 2% 2% Next S$640,000 3% - Remaining amount 4% 3% How to calculate BSD payable Here’s what your BSD calculation could look like if you buy a 4-room HDB resale flat at S$500,000. Purchase price or market value of the residential property BSD rate Amount First $180,000 1% S$180,000 x 1% = S$1,800 Next $180,000 2% S$180,000 x 2% = S$3,600 Next $640,000 3% (S$600,000 - S$180,000 - S$180,000 x 3%) = S$7,200 Based on the calculations above, your BSD payable adds up to = S$1,800 + S$3,600 + S$7,200 = S$12,600 Here's a quick way to calculate BSD: Are there any exemptions where I don't need to pay BSD in Singapore? That said, there are a few instances where BSD won't apply , such as: Aborted sale and purchase agreements Matrimonial proceedings Conveyance directions Transfer HDB flats within a family Through property inheritance Additional Buyer’s Stamp Duty (ABSD) Who needs to pay additional buyer’s stamp duty? On top of BSD, you may also need to pay ABSD depending on criteria such as your residency status and the number of properties that you own. For Singaporeans, ABSD applies to you if you buy your second or subsequent properties. Yes, this means you’ll have to pay ABSD on top of the initial BSD. The ABSD amount is based on the valuation or the property’s selling price , whichever is higher. What is the ABSD rate in Singapore? Here are the current ABSD rates: Property type Buyer type ABSD rates (from 16 December 2021 to 26 April 2023) ABSD rates (on or after 27 April 2023) First property Singapore citizen N.A N.A Second property Singapore citizen 17% 20% Third and subsequent properties Singapore citizen 25% 30% First property Singapore permanent resident 5% 5% Second property Singapore permanent resident 25% 30% Third and subsequent properties Singapore permanent resident 30% 35% Any residential property Foreigner 30% 60% Any residential property Entities (companies, trustees, or associations) 35% 65% How do you calculate ABSD in Singapore? Say that you're buying a property for S$2 million, and you're subjected to a 17% ABSD. The ABSD amount you'll need to pay is S$2 million X 17% = S$340,000. You can also use IRAS' stamp duty calculator to calculate the amount of BSD and ABSD payable. That said, you can apply for ABSD remission, which exempts you from having to fork out the hefty ABSD payment. Back to top Who can apply for ABSD remission? According to IRAS , you may be eligible for ABSD remission if the following scenarios apply to you: If you're a married couple (with at least one Singaporean citizen) who’s buying your first property through a joint purchase (i.e. the house is under both names only) If you're a married couple (consisting of at least one Singaporean citizen) selling your first property within six months after the Temporary Occupation Permit (TOP) or Certificate of Statutory Compliance (CSC) of your second property You can apply for an ABSD remission on IRAS' website here . What if you're buying a property jointly with someone else? If you're buying a property with someone else and ABSD applies to both of you, the higher ABSD rate will apply. For instance, say that you're jointly buying a condo as a Singaporean couple. You both also have the following properties: Your properties Your spouse's properties Condo unit (sole owner) Condo unit (sole owner) HDB flat (joint owner) Based on the above, your spouse incurs 20% ABSD, but your applicable ABSD is 30%. Hence, the ABSD payable is 30%. How do I pay BSD and ABSD in Singapore? There are a few ways to pay BSD and ABSD : GIRO PayNow QR AXS One-time GIRO deduction using DBS/POSB Internet banking fund transfer Telegraphic transfer SingPost service bureaurs (Chinatown, Novena, Raffles Place, Shenton Way) Cheque/cashier's order BSD and ABSD must be paid in full and cannot be paid in instalments. You can use your CPF money to pay BSD and ABSD first and apply for reimbursement from your CPF account later. ABSD and BSD deadline If the sale and purchase agreement was signed in Singapore, the BSD and ABSD must be paid within 14 days of signing the sale and purchase agreement or the date of acceptance of the option to purchase (OTP). If the sale and purchase agreement was signed overseas, then the deadline is 30 days after the agreement was received in Singapore. Any delays in payment will result in penalty charges, and IRAS may also take legal action against you or impose a Travel Restriction Order to prevent you from leaving Singapore. Back to top ABSD exemptions There are a few scenarios where you won't need to pay ABSD in Singapore: Where you have already contacted to sell your current residential property before signing the OTP for the new residential property If you're downgrading from a private property to buy an HDB resale flat If you 'decouple' as joint owners, where one of the co-owners transfers his/her share to the other co-owner. By doing so, he/she will be considered a first-timer and is free to buy a second property without incurring ABSD. You can decouple in two ways: selling your shares to the other co-owner or transferring via a gift. Note that decoupling only works for private properties If you're a foreigner under the respective Free Trade Agreements (nationals or permanent residents of Iceland, Liechtenstein, Norway, or Switzerland, and nationals of the United States of America) 99-to-1 loophole A popular hack known as the 99-to-1 ownership method allows co-owners under tenancy-in-common ownership to easily decouple and buy their second and subsequent properties to avoid hefty stamp duties. Unlike joint tenancy, where each co-owner has an equal share in a property, tenancy-in-common allows co-owners of a property to have different stakes (e.g. 70% to 30%, 85% to 15%, etc.). Thus, tenants-in-common under the 99-to-1 ownership method basically means that one co-owner has a 99% share in the property while the other co-owner owns the remaining 1%. One of the main reasons why married couples employ the 99-to-1 ownership strategy when they buy a private property is because it's less expensive for them to decouple in the future if they want to avoid hefty ABSD charges should they buy a second property. Moreover, the 99-to-1 strategy also incurs a lower BSD. For instance, say that you and your spouse purchase a condo unit worth S$1 million as tenants-in-common. You own a 99% stake in the property, whereas your spouse owns the remaining 1%. If you were to buy his/her 1% share, you would only incur an ABSD of S$1,700 (S$1,000,000 X 1% X 17%) instead of paying the full ABSD of S$170,000. Meanwhile, the amount of BSD payable is just S$100 (S$10,000 X 1%). However, it was reported that IRAS is investigating cases of property owners employing the 99-to-1 ownership manner with the deliberate purpose of avoiding ABSD. If it's established that tax avoidance has taken place, IRAS will recover the rightful stamp duty and impose a 50% surcharge on the additional duty payable. Owners who miss the deadline to pay the stamp duty and penalty will also be imposed with penalties 4X the amount. Buying a new home means taking up the mantle in protecting it. Be sure to compare the best home insurance plans and give yourself greater peace of mind. Seller’s Stamp Duty (SSD) Who needs to pay SSD? Applicable to private residential properties purchased on or after 20 Feb 2010, SSD applies to you if you sell a property within three years of purchasing it . SSD was introduced in 2010 as means to curb the act of flipping properties for profit. Simply put, the shorter the holding period, the higher the SSD rate. SSD might also be applicable if the property changed hands through transfer of ownership, divorce or inheritance. Holding period SSD Rate Up to 1 year 12% More than 1 year and up to 2 years 8% More than 2 years and up to 3 years 4% More than 3 years NA *SSD rate applies to properties purchased on and after 11 Mar 2017 Back to top How to calculate the SSD payable Let’s say you’ve sold your condo at S$2,500,000 after one and a half years. Since the holding period is just under 2 years, you’ll be subjected to the 8% SSD rate SSD payable = S$2,500,000 x 8% = S$200,000 In conclusion Be sure to include the stamp duties in your financial planning if they apply to you. For instance, it is important to factor in the SSD early as it’ll have a direct impact on your sale proceeds. Pro tip: to make things easier, forego the manual calculations and tinker with the Inland Revenue Authority of Singapore’s (IRAS) online stamp duty calculators to find out the exact amount you’ll need to pay. Read these next: Buying A HDB Resale Flat: How To Minimise Cash Over Valuation (COV) Property Tax, Explained: Annual Value, Tax Rate And How To Make Payment How To Buy A House In Singapore: A Complete Guide 7 Popular Types Of Investment In Singapore (And Tips To Use Them For Optimal Gains) Guide To Property Investment In Singapore
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singapore](https://www.singsaver.com.sg/hs-fs/hubfs/stamp%20duty%20singapore.png?width=1200&name=stamp%20duty%20singapore.png) Whether you’ve bought or sold a home, chances are you’ve come across the tax that’s levied on real estate transactions, otherwise known as BSD, ABSD, and SSD. * ### Best Home Insurance Plans in Singapore on SingSaver [AIG Enhanced Public Housing Contents Insurance (For HDB only)](https://singsaver.link/aig-ephci) \\| [AIG Homes Complete Insurance](https://singsaver.link/aig-homes-complete) \\| [AIG Home Advantage Package](https://singsaver.link/aig-homes-advantage-package) \\| [MSIG Enhanced HomePlus](https://singsaver.link/msig-enhanced-homeplus) \\| [Singlife Home Lite](https://singsaver.link/aviva-home-insurance) \\| [FWD Home Insurance](https://singsaver.link/fwd-home-insurance) \\| [TIQ Home Insurance](https://singsaver.link/tiq-home-insurance) \\| [Sompo HomeBliss](https://singsaver.link/sompo-homebliss) \\| [HL Assurance Home Protect360](https://singsaver.link/hlas-home-protect360) \\| [Great Eastern Great Home Protect](https://singsaver.link/GE-Home-GR8-Plus) * Buying and selling residential property in Singapore (especially if we’re talking about owning multiple properties) means having to deal with property stamp duty — buyer’s stamp duty (BSD), seller’s stamp duty (SSD) and additional buyer’s stamp duty (ABSD) to be exact. If you’re wondering why there are more costs involved with buying property, it could all boil down to the introduction of property cooling measures designed to quell demand and limit the rise of buying-and-selling – also known as [flipping properties](https://www.singsaver.com.sg/blog/property-investment-guide) to make a profit. As you may have guessed, the stamp duty payable depends on who you are in the property transaction. Here we’ll take a closer look at the different acronyms that permeate our real estate transactions and how much these taxes can potentially add up to. Table of contents - [What is Buyer's Stamp Duty?](https://www.singsaver.com.sg/blog/property-stamp-duty-singapore#what-is-bsd) - [How to calculate BSD](https://www.singsaver.com.sg/blog/property-stamp-duty-singapore#how-to-calculate-bsd) - [BSD exemptions](https://www.singsaver.com.sg/blog/property-stamp-duty-singapore#bsd-exemptions) - [What is Additional Buyer's Stamp Duty?](https://www.singsaver.com.sg/blog/property-stamp-duty-singapore#what-is-absd) - [How to calculate ABSD](https://www.singsaver.com.sg/blog/property-stamp-duty-singapore#how-tc-calculate-absd) - [ABSD remission](https://www.singsaver.com.sg/blog/property-stamp-duty-singapore#absd-remission) - [How to pay ABSD and BSD](https://www.singsaver.com.sg/blog/property-stamp-duty-singapore#how-to-pay-bsd-and-absd) - [ABSD exemptions](https://www.singsaver.com.sg/blog/property-stamp-duty-singapore#absd-exemptions) - [What is Seller's Stamp Duty?](https://www.singsaver.com.sg/blog/property-stamp-duty-singapore#what-is-ssd) - [How to calculate SSD](https://www.singsaver.com.sg/blog/property-stamp-duty-singapore#how-to-calculate-ssd) ## Buyer’s Stamp Duty (BSD) ### Who needs to pay BSD? There’s no other way around it — when you’re buying a property or land in Singapore, BSD will be levied on your purchase. The BSD rate depends on the purchase price or market value of the property, whichever is higher. From [15 February 2023](https://www.iras.gov.sg/taxes/stamp-duty/for-property/buying-or-acquiring-property/buyer's-stamp-duty-$bsd$) onwards, the BSD rate is as follows: \| \| \| \| \|---\|---\|---\| \| Purchase price or market value of the property \| BSD rates for residential properties (from 15 February 2023) \| BSD rates for non-residential properties (from 15 February 2023) \| \| First S\$180,000 \| 1% \| 1% \| \| Next S\$180,000 \| 2% \| 2% \| \| Next S\$640,000 \| 3% \| 3% \| \| Next S\$500,000 \| 4% \| 4% \| \| Next S\$1.5 million \| 5% \| 5% \| \| Properties in excess of S\$3 million \| 6% \| 5% \| Here are the previous rates from 20 Feb 2018 to 14 February 2023: \| \| \| \| \|---\|---\|---\| \| Purchase price or market value of the property \| BSD rates for residential properties (20 Feb 2018 to 14 February 2023) \| BSD rates for non-residential properties (20 Feb 2018 to 14 February 2023) \| \| First S\$180,000 \| 1% \| 1% \| \| Next S\$180,000 \| 2% \| 2% \| \| Next S\$640,000 \| 3% \| \- \| \| Remaining amount \| 4% \| 3% \| ### How to calculate BSD payable Here’s what your BSD calculation could look like if you buy a 4-room HDB resale flat at S\$500,000. \| \| \| \| \|---\|---\|---\| \| Purchase price or market value of the residential property \| BSD rate \| Amount \| \| First \$180,000 \| 1% \| S\$180,000 x 1% = S\$1,800 \| \| Next \$180,000 \| 2% \| S\$180,000 x 2% = S\$3,600 \| \| Next \$640,000 \| 3% \| (S\$600,000 - S\$180,000 - S\$180,000 x 3%) = S\$7,200 \| Based on the calculations above, your BSD payable adds up to = S\$1,800 + S\$3,600 + S\$7,200 = S\$12,600 Here's a quick way to calculate BSD: ### Are there any exemptions where I don't need to pay BSD in Singapore? That said, there are a few instances where [BSD won't apply](https://www.iras.gov.sg/taxes/stamp-duty/for-property/appeals-refunds-reliefs-and-remissions/common-stamp-duty-remissions-and-reliefs-for-property), such as: - Aborted sale and purchase agreements - Matrimonial proceedings - Conveyance directions - Transfer HDB flats within a family - Through property inheritance * SingSaver Exclusive Promotion: Enjoy 20% off for MSIG Home Insurance. Also receive the following below: - Up to S\$40 PayNow. Valid till 28 February 2026. [T\&Cs apply](https://singsaver.link/hi-rewards-campaign) * ## Additional Buyer’s Stamp Duty (ABSD) ### Who needs to pay additional buyer’s stamp duty? On top of BSD, you may also need to pay ABSD depending on criteria such as your residency status and the number of properties that you own. For Singaporeans, ABSD applies to you if you buy your second or subsequent properties. Yes, this means you’ll have to pay ABSD on top of the initial BSD. The ABSD amount is based on the valuation or the property’s selling price, whichever is higher. ### What is the ABSD rate in Singapore? Here are the current ABSD rates: \| \| \| \| \| \|---\|---\|---\|---\| \| Property type \| Buyer type \| ABSD rates (from 16 December 2021 to 26 April 2023) \| ABSD rates (on or after 27 April 2023) \| \| First property \| Singapore citizen \| N.A \| N.A \| \| Second property \| Singapore citizen \| 17% \| 20% \| \| Third and subsequent properties \| Singapore citizen \| 25% \| 30% \| \| First property \| Singapore permanent resident \| 5% \| 5% \| \| Second property \| Singapore permanent resident \| 25% \| 30% \| \| Third and subsequent properties \| Singapore permanent resident \| 30% \| 35% \| \| Any residential property \| Foreigner \| 30% \| 60% \| \| Any residential property \| Entities (companies, trustees, or associations) \| 35% \| 65% \| ### How do you calculate ABSD in Singapore? Say that you're buying a property for S\$2 million, and you're subjected to a 17% ABSD. The ABSD amount you'll need to pay is S\$2 million X 17% = S\$340,000. You can also use [IRAS' stamp duty calculator](https://mytax.iras.gov.sg/ESVWeb/default.aspx?target=MSDCalculatorIntro) to calculate the amount of BSD and ABSD payable. That said, you can apply for ABSD remission, which exempts you from having to fork out the hefty ABSD payment. [Back to top](https://www.singsaver.com.sg/blog/property-stamp-duty-singapore#back-to-top) ### Who can apply for ABSD remission? [According to IRAS](https://www.iras.gov.sg/docs/default-source/stamp-duty/absd-rates-or-remission-for-joint-purchase-by-a-married-couple_2021.pdf?Status=Master&sfvrsn=849c815c_6), you may be eligible for ABSD remission if the following scenarios apply to you: - If you're a married couple (with at least one Singaporean citizen) who’s buying your first property through a joint purchase (i.e. the house is under both names only) - If you're a married couple (consisting of at least one Singaporean citizen) selling your first property within six months after the Temporary Occupation Permit (TOP) or Certificate of Statutory Compliance (CSC) of your second property You can apply for an [ABSD remission on IRAS' website here](https://mytax.iras.gov.sg/ESVWeb/default.aspx). ### What if you're buying a property jointly with someone else? If you're buying a property with someone else and ABSD applies to both of you, the higher ABSD rate will apply. For instance, say that you're jointly buying a condo as a Singaporean couple. You both also have the following properties: \| \| \| \|---\|---\| \| Your properties \| Your spouse's properties \| \| Condo unit (sole owner) \| Condo unit (sole owner) \| \| HDB flat (joint owner) \| \| Based on the above, your spouse incurs 20% ABSD, but your applicable ABSD is 30%. Hence, the ABSD payable is 30%. How do I pay BSD and ABSD in Singapore? There are a few ways to [pay BSD and ABSD](https://www.iras.gov.sg/quick-links/payments?taxtype=Stamp%20Duty): - GIRO - PayNow QR - AXS - One-time GIRO deduction using DBS/POSB - Internet banking fund transfer - Telegraphic transfer - SingPost service bureaurs (Chinatown, Novena, Raffles Place, Shenton Way) - Cheque/cashier's order BSD and ABSD must be paid in full and cannot be paid in instalments. You can use your [CPF money](https://www.iras.gov.sg/quick-links/payments?taxtype=Stamp%20Duty) to pay BSD and ABSD first and apply for reimbursement from your CPF account later. ### ABSD and BSD deadline If the sale and purchase agreement was signed in Singapore, the BSD and ABSD must be paid within 14 days of signing the sale and purchase agreement or the date of acceptance of the option to purchase (OTP). If the sale and purchase agreement was signed overseas, then the deadline is 30 days after the agreement was received in Singapore. Any delays in payment will result in penalty charges, and IRAS may also take [legal action](https://www.iras.gov.sg/taxes/stamp-duty/for-shares/paying-stamp-duty/late-payment-or-non-payment-of-stamp-duty) against you or impose a Travel Restriction Order to prevent you from leaving Singapore. [Back to top](https://www.singsaver.com.sg/blog/property-stamp-duty-singapore#back-to-top) ### ABSD exemptions There are a few scenarios where you won't need to pay ABSD in Singapore: - Where you have already contacted to sell your current residential property before signing the OTP for the new residential property - If you're downgrading from a private property to buy an HDB resale flat - If you 'decouple' as joint owners, where one of the co-owners transfers his/her share to the other co-owner. By doing so, he/she will be considered a first-timer and is free to buy a second property without incurring ABSD. You can decouple in two ways: selling your shares to the other co-owner or transferring via a gift. Note that decoupling only works for private properties - If you're a foreigner under the respective [Free Trade Agreements](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$) (nationals or permanent residents of Iceland, Liechtenstein, Norway, or Switzerland, and nationals of the United States of America) ## 99-to-1 loophole A popular hack known as the 99-to-1 ownership method allows co-owners under tenancy-in-common ownership to easily decouple and buy their second and subsequent properties to avoid hefty stamp duties. Unlike joint tenancy, where each co-owner has an equal share in a property, [tenancy-in-common](https://www.singsaver.com.sg/blog/joint-tenancy-vs-tenancy-in-common) allows co-owners of a property to have different stakes (e.g. 70% to 30%, 85% to 15%, etc.). Thus, tenants-in-common under the 99-to-1 ownership method basically means that one co-owner has a 99% share in the property while the other co-owner owns the remaining 1%. One of the main reasons why married couples employ the 99-to-1 ownership strategy when they buy a private property is because it's less expensive for them to decouple in the future if they want to avoid hefty ABSD charges should they buy a second property. Moreover, the 99-to-1 strategy also incurs a lower BSD. For instance, say that you and your spouse purchase a condo unit worth S\$1 million as tenants-in-common. You own a 99% stake in the property, whereas your spouse owns the remaining 1%. If you were to buy his/her 1% share, you would only incur an ABSD of S\$1,700 (S\$1,000,000 X 1% X 17%) instead of paying the full ABSD of S\$170,000. Meanwhile, the amount of BSD payable is just S\$100 (S\$10,000 X 1%). However, [it was reported](https://www.channelnewsasia.com/singapore/99-1-private-property-absd-iras-tax-avoidance-evasion-stamp-duty-3395916) that IRAS is investigating cases of property owners employing the 99-to-1 ownership manner with the deliberate purpose of avoiding ABSD. If it's established that tax avoidance has taken place, IRAS will recover the rightful stamp duty and impose a 50% surcharge on the additional duty payable. Owners who miss the deadline to pay the stamp duty and penalty will also be imposed with penalties 4X the amount. * Buying a new home means taking up the mantle in protecting it. Be sure to compare the best home insurance plans and give yourself greater peace of mind. [Compare Best Home Insurance](https://www.singsaver.com.sg/home-insurance) * ## Seller’s Stamp Duty (SSD) ### Who needs to pay SSD? Applicable to private residential properties purchased on or after 20 Feb 2010, [SSD applies to you](https://www.iras.gov.sg/taxes/stamp-duty/for-property/selling-or-disposing-property/seller's-stamp-duty-$ssd$-for-residential-property) if you sell a property within three years of purchasing it. SSD was introduced in 2010 as means to curb the act of flipping properties for profit. Simply put, the shorter the holding period, the higher the SSD rate. SSD might also be applicable if the property changed hands through transfer of ownership, divorce or inheritance. \| \| \| \|---\|---\| \| Holding period \| SSD Rate \| \| Up to 1 year \| 12% \| \| More than 1 year and up to 2 years \| 8% \| \| More than 2 years and up to 3 years \| 4% \| \| More than 3 years \| NA \| \SSD rate applies to properties purchased on and after 11 Mar 2017* [Back to top](https://www.singsaver.com.sg/blog/property-stamp-duty-singapore#back-to-top) ### How to calculate the SSD payable Let’s say you’ve sold your condo at S\$2,500,000 after one and a half years. Since the holding period is just under 2 years, you’ll be subjected to the 8% SSD rate SSD payable = S\$2,500,000 x 8% = S\$200,000 ## ## In conclusion Be sure to include the stamp duties in your financial planning if they apply to you. For instance, it is important to factor in the SSD early as it’ll have a direct impact on your sale proceeds. Pro tip: to make things easier, forego the manual calculations and tinker with the [Inland Revenue Authority of Singapore’s (IRAS) online stamp duty calculators](https://www.iras.gov.sg/irashome/Other-Taxes/Stamp-Duty-for-Property/) to find out the exact amount you’ll need to pay. [Compare Best Home Insurance](https://www.singsaver.com.sg/home-insurance) Read these next: [Buying A HDB Resale Flat: How To Minimise Cash Over Valuation (COV)](https://www.singsaver.com.sg/blog/minimise-cash-over-valuation) [Property Tax, Explained: Annual Value, Tax Rate And How To Make Payment](https://www.singsaver.com.sg/blog/property-tax-explained) [How To Buy A House In Singapore: A Complete Guide](https://www.singsaver.com.sg/blog/how-to-buy-a-house-in-singapore) [7 Popular Types Of Investment In Singapore (And Tips To Use Them For Optimal Gains)](https://www.singsaver.com.sg/blog/popular-investment-types) [Guide To Property Investment In Singapore](https://www.singsaver.com.sg/blog/property-investment-guide) Similar articles [Singapore Budget 2023: Higher HDB Grants, Stamp Duties, and ARF Rates - How Will They Affect You?](https://www.singsaver.com.sg/blog/singapore-budget-2023-property-cars-how-will-it-address-rising-mortgage-rates) [Inheriting A Property In Singapore: Do You Need To Pay Inheritance Tax And Stamp Duties?](https://www.singsaver.com.sg/blog/property-inheritance-tax-singapore) [REITs VS Commercial Real Estate In Singapore: Which One Is A Better Investment?](https://www.singsaver.com.sg/blog/reits-vs-real-estate-investments) [Downpayment For Condo In Singapore: How Much Cash Will You Need Upfront?](https://www.singsaver.com.sg/blog/downpayment-for-condo-singapore) [Property Tax, Explained: Annual Value, Tax Rate And How To Make Payment](https://www.singsaver.com.sg/blog/property-tax-explained) [7 Money Considerations When Switching Properties](https://www.singsaver.com.sg/blog/7-money-considerations-when-switching-properties) [Cheapest Open Electricity Market Price Plans in Singapore](https://www.singsaver.com.sg/blog/cheapest-open-electricity-market-price-plans-in-singapore) [Can I Afford This? Salary Benchmarks For Upgrading To A Condo In Different Districts](https://www.singsaver.com.sg/blog/condo-downpayment-and-salary-benchmarks-for-buying-private-properties) Tags [ABSD](https://www.singsaver.com.sg/blog/tag/absd) [Stamp Duty](https://www.singsaver.com.sg/blog/tag/stamp-duty) [SSD](https://www.singsaver.com.sg/blog/tag/ssd) [Owning Property](https://www.singsaver.com.sg/blog/tag/owning-property) [Guides & Tips](https://www.singsaver.com.sg/blog/tag/guides-tips) [BSD](https://www.singsaver.com.sg/blog/tag/bsd) ![Yen Joon](https://www.singsaver.com.sg/hubfs/SingSaver_YenJoon.jpg) ### [Yen Joon](https://www.singsaver.com.sg/blog/author/yen-joon-kang) In my past life, I was always broke because of a lack of financial literacy. Now, I publish a few posts every week\* on personal finance to help you manage your money better. \*I mean, I’ll try [![](https://www.singsaver.com.sg/hubfs/Website%202022%20image/dark_left.svg) Back to Blog](https://www.singsaver.com.sg/blog) ### Related Articles [![Guide To Commercial Property Investment in Singapore](https://www.singsaver.com.sg/hs-fs/hubfs/commercial%20property-1.png?width=280&name=commercial%20property-1.png)](https://www.singsaver.com.sg/blog/commercial-property-investment-guide-singapore) [Property Investments](https://www.singsaver.com.sg/blog/category/own-property/property-investments) #### [Guide To Commercial Property Investment in Singapore](https://www.singsaver.com.sg/blog/commercial-property-investment-guide-singapore) July 18, 2024 [![5 Reasons Why Executive Condominiums Could Make A Better Investment Despite Rising Inflation](https://www.singsaver.com.sg/hs-fs/hubfs/assets_singsaver/Blog-Hero-Set-2-14-5-Reasons-Why-Executive-Condominiums-Could-Make-A-Better-Investment-Despite-Rising-Inflation.jpg?width=280&name=Blog-Hero-Set-2-14-5-Reasons-Why-Executive-Condominiums-Could-Make-A-Better-Investment-Despite-Rising-Inflation.jpg)](https://www.singsaver.com.sg/blog/reasons-executive-condos-could-make-better-investments-despite-inflation) [Property Investments](https://www.singsaver.com.sg/blog/category/own-property/property-investments) #### [5 Reasons Why Executive Condominiums Could Make A Better Investment Despite Rising Inflation](https://www.singsaver.com.sg/blog/reasons-executive-condos-could-make-better-investments-despite-inflation) June 22, 2022 [![Can Your Real Estate Investment Hedge Against Inflation?](https://www.singsaver.com.sg/hs-fs/hubfs/assets_singsaver/14Jun-Blog-Hero-10-Can-Your-Home-Investment-Hedge-Against-Inflation-_-Rising-Interest-Rates_.jpg?width=280&name=14Jun-Blog-Hero-10-Can-Your-Home-Investment-Hedge-Against-Inflation-_-Rising-Interest-Rates_.jpg)](https://www.singsaver.com.sg/blog/can-your-real-estate-investment-hedge-against-inflation-and-rising-interest-rates) [Property Investments](https://www.singsaver.com.sg/blog/category/own-property/property-investments) #### [Can Your Real Estate Investment Hedge Against Inflation?](https://www.singsaver.com.sg/blog/can-your-real-estate-investment-hedge-against-inflation-and-rising-interest-rates) June 10, 2022 ### FINANCIAL TIP: #### Use a personal loan to consolidate your outstanding debt at a lower interest rate\! #### Sign up for our newsletter for financial tips, tricks and exclusive information that can be personalised to your preferences\! ![image-general-logo-dark@3x](https://www.singsaver.com.sg/hs-fs/hubfs/image-general-logo-dark@3x.png?width=256&height=66&name=image-general-logo-dark@3x.png) #### Credit Cards - 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Readable Markdown	Whether you’ve bought or sold a home, chances are you’ve come across the tax that’s levied on real estate transactions, otherwise known as BSD, ABSD, and SSD. Best Home Insurance Plans in Singapore on SingSaver [AIG Enhanced Public Housing Contents Insurance (For HDB only)](https://singsaver.link/aig-ephci) \\| [AIG Homes Complete Insurance](https://singsaver.link/aig-homes-complete) \\| [AIG Home Advantage Package](https://singsaver.link/aig-homes-advantage-package) \\| [MSIG Enhanced HomePlus](https://singsaver.link/msig-enhanced-homeplus) \\| [Singlife Home Lite](https://singsaver.link/aviva-home-insurance) \\| [FWD Home Insurance](https://singsaver.link/fwd-home-insurance) \\| [TIQ Home Insurance](https://singsaver.link/tiq-home-insurance) \\| [Sompo HomeBliss](https://singsaver.link/sompo-homebliss) \\| [HL Assurance Home Protect360](https://singsaver.link/hlas-home-protect360) \\| [Great Eastern Great Home Protect](https://singsaver.link/GE-Home-GR8-Plus) Buying and selling residential property in Singapore (especially if we’re talking about owning multiple properties) means having to deal with property stamp duty — buyer’s stamp duty (BSD), seller’s stamp duty (SSD) and additional buyer’s stamp duty (ABSD) to be exact. If you’re wondering why there are more costs involved with buying property, it could all boil down to the introduction of property cooling measures designed to quell demand and limit the rise of buying-and-selling – also known as [flipping properties](https://www.singsaver.com.sg/blog/property-investment-guide) to make a profit. As you may have guessed, the stamp duty payable depends on who you are in the property transaction. Here we’ll take a closer look at the different acronyms that permeate our real estate transactions and how much these taxes can potentially add up to. Table of contents [What is Buyer's Stamp Duty?](https://www.singsaver.com.sg/blog/property-stamp-duty-singapore#what-is-bsd) [How to calculate BSD](https://www.singsaver.com.sg/blog/property-stamp-duty-singapore#how-to-calculate-bsd) [BSD exemptions](https://www.singsaver.com.sg/blog/property-stamp-duty-singapore#bsd-exemptions) [What is Additional Buyer's Stamp Duty?](https://www.singsaver.com.sg/blog/property-stamp-duty-singapore#what-is-absd) [How to calculate ABSD](https://www.singsaver.com.sg/blog/property-stamp-duty-singapore#how-tc-calculate-absd) [ABSD remission](https://www.singsaver.com.sg/blog/property-stamp-duty-singapore#absd-remission) [How to pay ABSD and BSD](https://www.singsaver.com.sg/blog/property-stamp-duty-singapore#how-to-pay-bsd-and-absd) [ABSD exemptions](https://www.singsaver.com.sg/blog/property-stamp-duty-singapore#absd-exemptions) [What is Seller's Stamp Duty?](https://www.singsaver.com.sg/blog/property-stamp-duty-singapore#what-is-ssd) [How to calculate SSD](https://www.singsaver.com.sg/blog/property-stamp-duty-singapore#how-to-calculate-ssd) Buyer’s Stamp Duty (BSD) Who needs to pay BSD? There’s no other way around it — when you’re buying a property or land in Singapore, BSD will be levied on your purchase. The BSD rate depends on the purchase price or market value of the property, whichever is higher. From [15 February 2023](https://www.iras.gov.sg/taxes/stamp-duty/for-property/buying-or-acquiring-property/buyer's-stamp-duty-$bsd$) onwards, the BSD rate is as follows: Purchase price or market value of the property BSD rates for residential properties (from 15 February 2023) BSD rates for non-residential properties (from 15 February 2023) First S\$180,000 1% 1% Next S\$180,000 2% 2% Next S\$640,000 3% 3% Next S\$500,000 4% 4% Next S\$1.5 million 5% 5% Properties in excess of S\$3 million 6% 5% Here are the previous rates from 20 Feb 2018 to 14 February 2023: Purchase price or market value of the property BSD rates for residential properties (20 Feb 2018 to 14 February 2023) BSD rates for non-residential properties (20 Feb 2018 to 14 February 2023) First S\$180,000 1% 1% Next S\$180,000 2% 2% Next S\$640,000 3% \- Remaining amount 4% 3% How to calculate BSD payable Here’s what your BSD calculation could look like if you buy a 4-room HDB resale flat at S\$500,000. Purchase price or market value of the residential property BSD rate Amount First \$180,000 1% S\$180,000 x 1% = S\$1,800 Next \$180,000 2% S\$180,000 x 2% = S\$3,600 Next \$640,000 3% (S\$600,000 - S\$180,000 - S\$180,000 x 3%) = S\$7,200 Based on the calculations above, your BSD payable adds up to = S\$1,800 + S\$3,600 + S\$7,200 = S\$12,600 Here's a quick way to calculate BSD: Are there any exemptions where I don't need to pay BSD in Singapore? That said, there are a few instances where [BSD won't apply](https://www.iras.gov.sg/taxes/stamp-duty/for-property/appeals-refunds-reliefs-and-remissions/common-stamp-duty-remissions-and-reliefs-for-property), such as: Aborted sale and purchase agreements Matrimonial proceedings Conveyance directions Transfer HDB flats within a family Through property inheritance Additional Buyer’s Stamp Duty (ABSD) Who needs to pay additional buyer’s stamp duty? On top of BSD, you may also need to pay ABSD depending on criteria such as your residency status and the number of properties that you own. For Singaporeans, ABSD applies to you if you buy your second or subsequent properties. Yes, this means you’ll have to pay ABSD on top of the initial BSD. The ABSD amount is based on the valuation or the property’s selling price, whichever is higher. What is the ABSD rate in Singapore? Here are the current ABSD rates: Property type Buyer type ABSD rates (from 16 December 2021 to 26 April 2023) ABSD rates (on or after 27 April 2023) First property Singapore citizen N.A N.A Second property Singapore citizen 17% 20% Third and subsequent properties Singapore citizen 25% 30% First property Singapore permanent resident 5% 5% Second property Singapore permanent resident 25% 30% Third and subsequent properties Singapore permanent resident 30% 35% Any residential property Foreigner 30% 60% Any residential property Entities (companies, trustees, or associations) 35% 65% How do you calculate ABSD in Singapore? Say that you're buying a property for S\$2 million, and you're subjected to a 17% ABSD. The ABSD amount you'll need to pay is S\$2 million X 17% = S\$340,000. You can also use [IRAS' stamp duty calculator](https://mytax.iras.gov.sg/ESVWeb/default.aspx?target=MSDCalculatorIntro) to calculate the amount of BSD and ABSD payable. That said, you can apply for ABSD remission, which exempts you from having to fork out the hefty ABSD payment. [Back to top](https://www.singsaver.com.sg/blog/property-stamp-duty-singapore#back-to-top) Who can apply for ABSD remission? [According to IRAS](https://www.iras.gov.sg/docs/default-source/stamp-duty/absd-rates-or-remission-for-joint-purchase-by-a-married-couple_2021.pdf?Status=Master&sfvrsn=849c815c_6), you may be eligible for ABSD remission if the following scenarios apply to you: If you're a married couple (with at least one Singaporean citizen) who’s buying your first property through a joint purchase (i.e. the house is under both names only) If you're a married couple (consisting of at least one Singaporean citizen) selling your first property within six months after the Temporary Occupation Permit (TOP) or Certificate of Statutory Compliance (CSC) of your second property You can apply for an [ABSD remission on IRAS' website here](https://mytax.iras.gov.sg/ESVWeb/default.aspx). What if you're buying a property jointly with someone else? If you're buying a property with someone else and ABSD applies to both of you, the higher ABSD rate will apply. For instance, say that you're jointly buying a condo as a Singaporean couple. You both also have the following properties: Your properties Your spouse's properties Condo unit (sole owner) Condo unit (sole owner) HDB flat (joint owner) Based on the above, your spouse incurs 20% ABSD, but your applicable ABSD is 30%. Hence, the ABSD payable is 30%. How do I pay BSD and ABSD in Singapore? There are a few ways to [pay BSD and ABSD](https://www.iras.gov.sg/quick-links/payments?taxtype=Stamp%20Duty): GIRO PayNow QR AXS One-time GIRO deduction using DBS/POSB Internet banking fund transfer Telegraphic transfer SingPost service bureaurs (Chinatown, Novena, Raffles Place, Shenton Way) Cheque/cashier's order BSD and ABSD must be paid in full and cannot be paid in instalments. You can use your [CPF money](https://www.iras.gov.sg/quick-links/payments?taxtype=Stamp%20Duty) to pay BSD and ABSD first and apply for reimbursement from your CPF account later. ABSD and BSD deadline If the sale and purchase agreement was signed in Singapore, the BSD and ABSD must be paid within 14 days of signing the sale and purchase agreement or the date of acceptance of the option to purchase (OTP). If the sale and purchase agreement was signed overseas, then the deadline is 30 days after the agreement was received in Singapore. Any delays in payment will result in penalty charges, and IRAS may also take [legal action](https://www.iras.gov.sg/taxes/stamp-duty/for-shares/paying-stamp-duty/late-payment-or-non-payment-of-stamp-duty) against you or impose a Travel Restriction Order to prevent you from leaving Singapore. [Back to top](https://www.singsaver.com.sg/blog/property-stamp-duty-singapore#back-to-top) ABSD exemptions There are a few scenarios where you won't need to pay ABSD in Singapore: Where you have already contacted to sell your current residential property before signing the OTP for the new residential property If you're downgrading from a private property to buy an HDB resale flat If you 'decouple' as joint owners, where one of the co-owners transfers his/her share to the other co-owner. By doing so, he/she will be considered a first-timer and is free to buy a second property without incurring ABSD. You can decouple in two ways: selling your shares to the other co-owner or transferring via a gift. Note that decoupling only works for private properties If you're a foreigner under the respective [Free Trade Agreements](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$) (nationals or permanent residents of Iceland, Liechtenstein, Norway, or Switzerland, and nationals of the United States of America) 99-to-1 loophole A popular hack known as the 99-to-1 ownership method allows co-owners under tenancy-in-common ownership to easily decouple and buy their second and subsequent properties to avoid hefty stamp duties. Unlike joint tenancy, where each co-owner has an equal share in a property, [tenancy-in-common](https://www.singsaver.com.sg/blog/joint-tenancy-vs-tenancy-in-common) allows co-owners of a property to have different stakes (e.g. 70% to 30%, 85% to 15%, etc.). Thus, tenants-in-common under the 99-to-1 ownership method basically means that one co-owner has a 99% share in the property while the other co-owner owns the remaining 1%. One of the main reasons why married couples employ the 99-to-1 ownership strategy when they buy a private property is because it's less expensive for them to decouple in the future if they want to avoid hefty ABSD charges should they buy a second property. Moreover, the 99-to-1 strategy also incurs a lower BSD. For instance, say that you and your spouse purchase a condo unit worth S\$1 million as tenants-in-common. You own a 99% stake in the property, whereas your spouse owns the remaining 1%. If you were to buy his/her 1% share, you would only incur an ABSD of S\$1,700 (S\$1,000,000 X 1% X 17%) instead of paying the full ABSD of S\$170,000. Meanwhile, the amount of BSD payable is just S\$100 (S\$10,000 X 1%). However, [it was reported](https://www.channelnewsasia.com/singapore/99-1-private-property-absd-iras-tax-avoidance-evasion-stamp-duty-3395916) that IRAS is investigating cases of property owners employing the 99-to-1 ownership manner with the deliberate purpose of avoiding ABSD. If it's established that tax avoidance has taken place, IRAS will recover the rightful stamp duty and impose a 50% surcharge on the additional duty payable. Owners who miss the deadline to pay the stamp duty and penalty will also be imposed with penalties 4X the amount. Buying a new home means taking up the mantle in protecting it. Be sure to compare the best home insurance plans and give yourself greater peace of mind. Seller’s Stamp Duty (SSD) Who needs to pay SSD? Applicable to private residential properties purchased on or after 20 Feb 2010, [SSD applies to you](https://www.iras.gov.sg/taxes/stamp-duty/for-property/selling-or-disposing-property/seller's-stamp-duty-$ssd$-for-residential-property) if you sell a property within three years of purchasing it. SSD was introduced in 2010 as means to curb the act of flipping properties for profit. Simply put, the shorter the holding period, the higher the SSD rate. SSD might also be applicable if the property changed hands through transfer of ownership, divorce or inheritance. Holding period SSD Rate Up to 1 year 12% More than 1 year and up to 2 years 8% More than 2 years and up to 3 years 4% More than 3 years NA \SSD rate applies to properties purchased on and after 11 Mar 2017* [Back to top](https://www.singsaver.com.sg/blog/property-stamp-duty-singapore#back-to-top) How to calculate the SSD payable Let’s say you’ve sold your condo at S\$2,500,000 after one and a half years. Since the holding period is just under 2 years, you’ll be subjected to the 8% SSD rate SSD payable = S\$2,500,000 x 8% = S\$200,000 In conclusion Be sure to include the stamp duties in your financial planning if they apply to you. For instance, it is important to factor in the SSD early as it’ll have a direct impact on your sale proceeds. Pro tip: to make things easier, forego the manual calculations and tinker with the [Inland Revenue Authority of Singapore’s (IRAS) online stamp duty calculators](https://www.iras.gov.sg/irashome/Other-Taxes/Stamp-Duty-for-Property/) to find out the exact amount you’ll need to pay. Read these next: [Buying A HDB Resale Flat: How To Minimise Cash Over Valuation (COV)](https://www.singsaver.com.sg/blog/minimise-cash-over-valuation) [Property Tax, Explained: Annual Value, Tax Rate And How To Make Payment](https://www.singsaver.com.sg/blog/property-tax-explained) [How To Buy A House In Singapore: A Complete Guide](https://www.singsaver.com.sg/blog/how-to-buy-a-house-in-singapore) [7 Popular Types Of Investment In Singapore (And Tips To Use Them For Optimal Gains)](https://www.singsaver.com.sg/blog/popular-investment-types) [Guide To Property Investment In Singapore](https://www.singsaver.com.sg/blog/property-investment-guide)
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