Stamp duty is the largest upfront cost after the downpayment for any Dunearn Green purchase, so it belongs in your budget from day one. Two duties apply to residential purchases in Singapore: Buyer's Stamp Duty (BSD), payable by everyone, and Additional Buyer's Stamp Duty (ABSD), which depends on your residency profile and property count. Both are payable within 14 days of exercising the Option to Purchase.
BSD is tiered on the higher of the purchase price or market value. The rates below apply to residential property purchases on or after 15 February 2023.
| Portion of Price | BSD Rate | Cumulative BSD at Tier Ceiling |
|---|---|---|
| First $180,000 | 1% | $1,800 |
| Next $180,000 | 2% | $5,400 |
| Next $640,000 | 3% | $24,600 |
| Next $500,000 | 4% | $44,600 |
| Next $1,500,000 | 5% | $119,600 |
| Amount above $3,000,000 | 6% | — |
Worked example: on a $2.6 million purchase, BSD is $44,600 (first $1.5m) plus 5% of the remaining $1.1m ($55,000) = $99,600. On a $3.4 million purchase, BSD is $119,600 plus 6% of $400,000 ($24,000) = $143,600.
ABSD is charged on the same base as BSD, on top of it. The rates below took effect on 27 April 2023 and remain current.
| Buyer Profile | 1st Property | 2nd Property | 3rd & Subsequent |
|---|---|---|---|
| Singapore Citizen | 0% | 20% | 30% |
| Singapore PR | 5% | 30% | 35% |
| Foreigner | 60% (any residential purchase) | ||
| Entities / Trusts | 65% | ||
Nationals and permanent residents of the United States, and nationals of Iceland, Liechtenstein, Norway and Switzerland, are accorded Singapore Citizen treatment under free trade agreements — a significant difference for eligible foreign buyers.
Worked example: a Singaporean couple buying their first home pays no ABSD. A citizen buying a second property at $2.6 million pays 20% ABSD = $520,000 on top of BSD. Married couples with at least one citizen may be eligible for ABSD refund on the first home when replacing it — timing rules apply, so verify your case before committing.
Rates are set by IRAS and current as of July 2026. Always confirm against IRAS's published tables before exercising an option.
Because ABSD scales with the price, the difference between profiles is dramatic at Bukit Timah price points — which is why decoupling, sequencing a sale before purchase, or buying in one name are common strategies among upgraders. Pair this page with the progressive payment schedule and loan framework to see your full cash-flow picture, or ask the team to run your exact scenario.