Singapore Buyer's Stamp Duty (BSD) is a tiered, progressive tax that the buyer pays to IRAS on the higher of the purchase price or open-market value. The current schedule has been in effect since 14 February 2023 and remains the operative rate table for 2026.
Residential BSD rates (2026)
| Band | Marginal rate | Duty in band |
|---|---|---|
| First $180,000 | 1% | $1,800 |
| Next $180,000 | 2% | $3,600 |
| Next $640,000 | 3% | $19,200 |
| Next $500,000 | 4% | $20,000 |
| Next $1,500,000 | 5% | $75,000 |
| Above $3,000,000 | 6% | — |
Cumulative BSD on a residential property up to: $180K → $1,800; $360K → $5,400; $1M → $24,600; $1.5M → $44,600; $3M → $119,600.
Non-residential BSD rates (2026)
| Band | Marginal rate |
|---|---|
| First $180,000 | 1% |
| Next $180,000 | 2% |
| Next $640,000 | 3% |
| Next $500,000 | 4% |
| Above $1,500,000 | 5% |
Singapore BSD — historical rate changes
BSD has been periodically revised since its introduction. Key milestones:
- Pre-2018 — Three-band schedule capped at 3% (residential).
- 20 February 2018 — Top marginal rate raised to 4% (residential) on portion above $1 million. Non-residential remained at three bands.
- 14 February 2023 (current) — Two new top bands added: 5% on $1.5M – $3M and 6% above $3M (residential). Non-residential top rate raised to 5% above $1.5M.
The thresholds and rates have been progressively skewed against high-value transactions while the bottom bands have been left unchanged — protecting mass-market buyers from rate increases.
Worked example — $2 million condo
- 1% × $180,000 = $1,800
- 2% × $180,000 = $3,600
- 3% × $640,000 = $19,200
- 4% × $500,000 = $20,000
- 5% × $500,000 (the $1.5M – $2M band portion) = $25,000
- Total BSD = $69,600
🧮 Try any price with our BSD calculator — or compute the total stamp duty (BSD + ABSD) in the combined calculator.