Stamp Duty

Buyer’s Stamp Duty

Purchase Price or Market Value of the PropertyBSD Rates for Residential PropertiesBSD Rates for Non-Residential Properties
First $180,0001%1%
Next $180,0002%2%
Next $640,0003%3%
Next $500,0004%4%
Next $1,500,0005%5%
Amount exceeding $3,000,0006%5%

IMPORTANT: New BSD rates with effect from 15 Feb 2023.

Additional Buyer’s Stamp Duty

Nationality1st Property2nd Property3rd Property
Singapore CitizensN.A.20%30%
Permanent Residents5%30%35%
Foreigners60%60%60%
Entities / Companies65%65%65%

IMPORTANT: New ABSD rates with effect from 27 Apr 2023.

From 9 May 2022 onwards, any transfer of residential property into a living trust will be subject to an ABSD rate that is the same as entities.  

 

Foreigners Eligible for ABSD Remission under Free Trade Agreements (FTAs)

Conditions for Remission:

Under the respective FTAs, Nationals or Permanent Residents of the following countries will be accorded the same Stamp Duty treatment as Singapore Citizens:

  1. Nationals and Permanent Residents of Iceland, Liechtenstein, Norway or Switzerland
  2. Nationals of the United States of America

 

References:

  1. Buyer’s Stamp Duty (BSD) https://www.iras.gov.sg/taxes/stamp-duty/for-property/buying-or-acquiring-property/buyer’s-stamp-duty-(bsd)
  2. Additional Buyer’s Stamp Duty (ABSD) https://www.iras.gov.sg/taxes/stamp-duty/for-property/buying-or-acquiring-property/additional-buyer’s-stamp-duty-(absd)
  3. Foreigners Eligible for ABSD Remission under Free Trade Agreements (FTAs) https://www.iras.gov.sg/taxes/stamp-duty/for-property/appeals-refunds-reliefs-and-remissions/common-stamp-duty-remissions-and-reliefs-for-property/foreigners-eligible-for-absd-remission-under-free-trade-agreements-(ftas)
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Welcome to Pasir Ris 8 !
Hello! Thank you for visiting
🚀PASIR RIS 8🚀 !
🌐 𝙒𝙝𝙚𝙧𝙚 𝙄𝙩 𝘼𝙡𝙡 𝘾𝙤𝙣𝙣𝙚𝙘𝙩𝙨!

🧧Over 98% SOLD!!🧧
Final 6 Units!

😘2BR
★ Last 1 Units from $1.504mil
🥰3BR Premium + Guest
★ Last 2 units from $2.292mil
🤩4BR Premium Flexi
★ Last 3 Units from $2.596mil

🚇 MRT Interchange station (Cross-Island Line & East West Line)
🚌 Bus Interchange
🏥 Polyclinic
🛒 Supermarket
🛍 Shopping Mall

Nearby:
🍲 Hawker Centre
🏸 Sports Centre
🏖 Beach
🏊‍♂️ Downtown East Lifestyle Hub
🏫 Schools (Hai Sing Catholic School, Tampines Meridian JC)


1. Excellent Connectivity 🚊 🚆 🚌
Direct access to 2 MRT lines & an air-conditioned bus interchange

2. Integrated Retail Mall & Amenites 🛍 🛒 🍱 👧👨‍⚕️
Pasir Ris Mall - Retails shops, F&B options, supermarket, childcare services and Polyclinic all-in-one.

3. Healthy Living 🏃‍♂️ 🚴‍♀️ 🌳
Direct access to Pasir Ris Beach & Park via Central greenway.

4. Unique Features 🤩
- Smart home features including WIFI doorbell, smart door, smart letterbox and many more…..

5. Spacious and efficient layouts 🏡
Bigger homes with flexi spaces!
Swivel dinng table and multi-purpose table /dresser for selected units. Walk-in wardrobe for 3BR Premium apartments and other thoughtful storage spaces within the apartment


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