Stamp Duty Singapore: Buying/Selling Property? Know the Stamp Duty Rate

What is Stamp Duty Singapore? How to buy/sell a property? Calculate the stamp duty amount using calculator

Things you can do stamp duty for

• Lease/Tenancy
• Buy/Residential / non Residential property
• Ordinary shares transfer
• Sell Residential / Industrial Property
• Mortgage

Can Singapore PR / Foreigner buy a property in Singapore?

Yes, they can buy.

Buy Residential Property Calculator

1. Visit https://mytax.iras.gov.sg/ESVWeb/default.aspx?target=MSDBuyResidentialProperty
2. Select any one from Individual buyer / Couple / Company
3. Enter the purchase details
4. Select whether you are Singapore citizen / PR / Foreigner
5. If you are not a citizen, please select the nationality
6. Select the type of property

Stamp Duty Calculator

Example calculation using Stamp Duty Calculator for buying property for Singapore Citizen, PR, Foreigner

Individual buyer/Married Couple

Property value: SG$45,000/-

Value for 1 property

• For PR, you need to pay the stamp duty amount of $2700/-
• For Singapore Citizen, the value of $450 must be paid as a stamp duty amount
• Foreigner needs to pay $27,450/- as a stamp duty amount

Stamp Duty amount payable for Singapore Citizen

For Singapore PR

For Foreigner

Seller Stamp Duty Singapore Rates in Singapore

For up to 1 year, you need to pay 12 % and for above 1 to 2 years, the rate is 8%. Finally for 2 to 3 years the rate is 4% and no Seller stamp duty (SSD) rate for more than 3 years

e stamping iras Singapore

Login IRAS using SingPass for e stamping through https://mytax.iras.gov.sg/estamping/ to acquire the following services

• Your document can be e-stamped
• Pay ASD (additional stamp duty)
• Stamp certificate can be received
• Refund request can be done
• Get Adjudication / appeal

How can a foreigner in Singapore access the IRAS / e-Stamping portal?

Do you really need SingPass to access IRAS e-stamp website?

Those who are a foreigner who has not SingPass account, they should apply for Singpass Foreign User Account (SFA) and access the e stamp portal. Otherwise they can get the landlord/agent help on behalf of them.

Where to e-Stamp your document in Singapore Post Office?

Currently three post offices are doing e-stamp work. They are:

• City Square Post office
• Orchard Post office
• Raffles place Post office

How to check and Download Stamp Certificate?

1. 1. Login IRAS
   2. Select Stamp Duty
   3. Under the menu “Records”, scroll and select “Search Records / Cases
   4. Enter the required details
   5. Now click Download to get the certificate