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Joel Goh

IRAS

Buyer's Stamp Duty: the marginal residential schedule

Answers:How is Buyer's Stamp Duty calculated in Singapore?

Checked against the source 2026-08-01

The rule

Buyer's Stamp Duty on residential property is tiered and marginal: 1% on the first S$180,000, 2% on the next S$180,000, 3% on the next S$640,000, 4% on the next S$500,000, 5% on the next S$1.5 million, and 6% above S$3 million.

Issued by
IRAS
Applies to
Residential property. Non-residential follows the same schedule to S$1.5m then stays flat at 5% with no 6% band.

Where this goes wrong

Applying one rate to the whole price. The bands are marginal — BSD on S$1.8m is S$59,600, an effective 3.31%, not 5%.

Worked through

A residential purchase at $1,800,000.

Buyer's Stamp Duty: the marginal residential schedule — worked example. A residential purchase at $1,800,000.
Purchase price$1,800,000
Buyer's Stamp Duty$59,600
Effective rate on the whole priceLower than the top band, because the bands are marginal.3.31%

The top band this price reaches is 5%, but only the slice above S$1m is taxed at it. The bill is $59,600, not $90,000.

Computed with the same functions as the calculators on this site. An illustration, not tax advice — confirm your own position with IRAS or your conveyancing lawyer before you commit to anything.

Run this on your own numbers

Rules change, and a figure without a date is worth nothing. Ask whether this is still current before you rely on it for a decision.