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Here is the bottom line for 2026: Singapore’s Buyer’s Stamp Duty rate card is a marginal ladder from 1% up to a 6% top rate on residential value above S$3,000,000, charged on the higher of purchase price or market value (IRAS, 2026).
Key takeaways
- BSD is the standard, tiered tax on property purchases, charged on the higher of the purchase price or market value.
The rate card
Residential
| Portion of purchase price or market value | BSD rate |
|---|---|
| First S$180,000 | 1% |
| Next S$180,000 (S$180,001–S$360,000) | 2% |
| Next S$640,000 (S$360,001–S$1,000,000) | 3% |
| Next S$500,000 (S$1,000,001–S$1,500,000) | 4% |
| Next S$1,500,000 (S$1,500,001–S$3,000,000) | 5% |
| Amount exceeding S$3,000,000 | 6% |
Because the bands are marginal, each slice of value is taxed at its own rate — the 6% figure is not applied to the whole purchase price, only to the portion exceeding S$3,000,000 (IRAS, 2026).
Non-residential
Commercial and industrial property runs on a lower ladder: 1% on the first S$180,000, 2% on the next S$180,000, 3% on the next S$640,000, 4% on S$1,000,001–S$1,500,000, and 5% on value above S$1,500,000 (IRAS, 2026).
BSD is only the base layer
For a Singapore Citizen buying a first residential property, ABSD is 0% — BSD is effectively the whole stamp duty bill (IRAS, 2026). Other buyers may pay ABSD on top of BSD. A Singapore Citizen’s second home draws 20% ABSD, and a third or subsequent home draws 30% (IRAS, 2026). A Permanent Resident pays 5% on a first home, 30% on a second, and 35% on a third or subsequent (IRAS, 2026).
Selling later brings a second stamp, the Seller’s Stamp Duty. For residential property purchased on or after 4 Jul 2025, SSD runs at 16% within the first year, 12% from one to two years, 8% from two to three years and 4% from three to four years, charged on the higher of consideration or market value; after four years it drops to zero (IRAS, 2026). The 2025 tightening extended the holding period from three years to four and raised each tier by four percentage points (IRAS, 2026). Property bought between 11 Mar 2017 and 3 Jul 2025 stays under the older 12/8/4 schedule (IRAS, 2026). HDB owners are not affected because of the MOP (IRAS, 2026).
Paying the bill
IRAS administers BSD and ABSD (IRAS, 2026).
FAQ
What is Buyer’s Stamp Duty and who pays it?
BSD is the standard, tiered tax charged on the higher of the property’s purchase price or market value (IRAS, 2026). For most buyers it is the base acquisition tax, with ABSD potentially stacking on top depending on citizenship, residency and existing property ownership (IRAS, 2026).
Statutory Source: Inland Revenue Authority of Singapore (IRAS) — Stamp Duty Rates & Payment Guidelines
How is BSD calculated in 2026?
The residential rate card is: 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$1,500,000 and 6% on the amount above S$3,000,000 (IRAS, 2026). Each band is marginal, so a higher purchase price only pushes the excess into the next rate (IRAS, 2026).
Statutory Source: Inland Revenue Authority of Singapore (IRAS) — Stamp Duty Rates & Payment Guidelines
Have stamp duty rates been raised recently?
BSD’s current residential and non-residential schedules took effect on 15 Feb 2023 (IRAS, 2026). The most recent stamp-duty tightening was to Seller’s Stamp Duty for residential purchases on or after 4 Jul 2025 (IRAS, 2026).
Statutory Source: Inland Revenue Authority of Singapore (IRAS) — Stamp Duty Rates & Payment Guidelines
By the numbers
``` Private PSF momentum by district — QoQ %
D11 +28.2% ██████████████████████ D26 +11.8% █████████ D25 +7.6% ██████ D12 +6.2% █████ D08 +5.9% █████ D20 +4.1% ███ D28 +3.8% ███ D02 +0.2% █ D27 -0.1% ░ D19 -0.5% ░ ```
| District | Median PSF | QoQ | YoY | Txns (3mo) |
|---|---|---|---|---|
| D11 | $2,849 | ▲ 28.2% | ▲ 28.3% | 341 |
| D26 | $2,282 | ▲ 11.8% | ▲ 6.3% | 263 |
| D25 | $1,348 | ▲ 7.6% | ▲ 6.3% | 69 |
| D12 | $1,956 | ▲ 6.2% | ▲ 5.6% | 106 |
| D08 | $2,024 | ▲ 5.9% | ▲ 17.9% | 45 |
| D20 | $2,060 | ▲ 4.1% | ▲ 5.0% | 144 |
| D28 | $1,707 | ▲ 3.8% | ▲ 9.8% | 113 |
| D02 | $2,465 | ▲ 0.2% | ▲ 20.5% | 35 |
| D27 | $1,423 | ▼ 0.1% | ▼ 13.0% | 141 |
| D19 | $1,753 | ▼ 0.5% | ▲ 5.0% | 551 |
_Data: PropAce Institutional Advisory analysis of URA/HDB transaction data — rolling 3-month average PSF, private residential, 2026-06..2026-08. Directional; confirm before acting._
References
- Inland Revenue Authority of Singapore (2026) When to Pay Stamp Duty. Available at: https://www.iras.gov.sg/taxes/stamp-duty/for-property/paying-stamp-duty/when-to-pay-stamp-duty (Accessed: 1 September 2026).
Interactive Strategic Tools & Concierge
Instant calculation of tiered residential BSD (up to 6%) and profile-based ABSD (0% to 65%).
Calculate Exact Stamp Duties with ABSD/BSD Calculator
Frequently Asked Questions
What is Buyer’s Stamp Duty and who pays it?
BSD is the standard, tiered tax charged on the higher of the property’s purchase price or market value (IRAS, 2026). For most buyers it is the base acquisition tax, with ABSD potentially stacking on top depending on citizenship, residency and existing property ownership (IRAS, 2026). Statutory Source:** Inland Revenue Authority of Singapore (IRAS) — Stamp Duty Rates & Payment Guidelines
How is BSD calculated in 2026?
The residential rate card is: 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$1,500,000 and 6% on the amount above S$3,000,000 (IRAS, 2026). Each band is marginal, so a higher purchase price only pushes the excess into the next rate (IRAS, 2026). Statutory Source:** [Inland Revenue Authority of Singapore (IRAS) — Stamp Duty Rates & Payment Guidelines](https://www.iras.gov.sg/taxes/stamp-duty/for-property/buying-or-acquirin
Have stamp duty rates been raised recently?
BSD’s current residential and non-residential schedules took effect on 15 Feb 2023 (IRAS, 2026). The most recent stamp-duty tightening was to Seller’s Stamp Duty for residential purchases on or after 4 Jul 2025 (IRAS, 2026). Statutory Source:** Inland Revenue Authority of Singapore (IRAS) — Stamp Duty Rates & Payment Guidelines
Statutory References & Citations
- Inland Revenue Authority of Singapore (IRAS) (2026). Stamp Duties Act 1929. Singapore: Government of Singapore.
Statutory Disclaimer: This guide is published for strategic, educational, and institutional planning purposes only and does not constitute formal legal, taxation, or financial advice. All property transactions, stamp duty remissions, and financing structures should be formally verified with qualified Singapore legal counsel and certified tax advisors.