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In the recent Singapore Budget 2018 that was announced on 19th February 2018.

The Buyer Stamp Duty of 3% will be increased to 4% for residential properties worth $1 million and above taking effect on the 20th of February 2018. However the buyer stamp duties for residential properties below $1 million dollars remains unchanged.

For commercial and industrial properties buyer stamp duties are still at 3%.

The new calculation for buyer stamp duties are as follows.

Buyer Stamp Duty for residential properties $1m and above

buyer_stamp_duty_revised

 

Additional Buyer Stamp Duty

 

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