A plain-English guide to the stamp duties and property tax that apply when you buy, own, rent out or sell residential property in Singapore. All figures reflect the latest IRAS and Ministry of Finance rules in force as of 2026.
What’s changed (updated June 2026)
- Owner-occupier property tax — from 1 Jan 2025: all Annual Value (AV) bands were widened (Budget 2024), lowering the bill for most owner-occupiers. The top 32% rate now starts above AV $140,000 (previously $100,000). A one-off 2026 rebate of up to 15% (capped at $500) also applies to owner-occupied homes.
- Seller’s Stamp Duty (SSD) — from 4 Jul 2025: the holding period was extended from 3 to 4 years and every tier raised by 4 percentage points — now 16% / 12% / 8% / 4% for sales within 1 / 2 / 3 / 4 years.
- Non-resident income tax — from YA 2024: the flat rate on rental and other income rose from 22% to 24%.
- Added the Additional Buyer’s Stamp Duty (ABSD) schedule (rates last revised 27 Apr 2023) alongside the Buyer’s Stamp Duty table.
- Corrected the non-owner-occupier table — the previous page showed a 30% band; the correct progressive rates are 12% / 20% / 28% / 36%.
Buyer’s Stamp Duty (BSD)
Rates effective on or after 15 Feb 2023.
| Purchase price or market value of the property | BSD — residential | BSD — non-residential |
|---|---|---|
| First $180,000 | 1% | 1% |
| Next $180,000 | 2% | 2% |
| Next $640,000 | 3% | 3% |
| Next $500,000 | 4% | 4% |
| Next $1,500,000 | 5% | 5% |
| Remaining amount | 6% | 5% |
Stamp Duty must be paid once the document is signed: within 14 days if signed in Singapore, or within 30 days of receipt in Singapore if signed overseas.
Additional Buyer’s Stamp Duty (ABSD)
Rates effective on or after 27 Apr 2023. ABSD is payable on top of BSD, based on the buyer’s profile and the count of residential properties owned.
| Buyer profile | 1st property | 2nd property | 3rd & subsequent |
|---|---|---|---|
| Singapore Citizen (SC) | 0% | 20% | 30% |
| Singapore Permanent Resident (SPR) | 5% | 30% | 35% |
| Foreigner | 60% | 60% | 60% |
| Entity / Trustee | 65% | 65% | 65% |
Housing developers pay 35% (plus a 5% non-remittable component). Reliefs may apply for married couples and other qualifying cases.
ABSD remission under Free Trade Agreements (FTAs)
Under the respective FTAs, nationals or permanent residents of the following are accorded the same Stamp Duty treatment as Singapore Citizens:
- Nationals and Permanent Residents of Iceland, Liechtenstein, Norway or Switzerland
- Nationals of the United States of America
Annual Property Tax
Property tax payable each year = Annual Value (AV) × Tax Rate. Owner-occupied homes enjoy lower progressive rates than properties that are rented out or left vacant. The progressive rates are:
Owner-Occupied Residential Properties
Effective 1 Jan 2025.
| Annual Value (AV) | Rate | Tax payable |
|---|---|---|
| First $12,000 | 0% | $0 |
| Next $28,000 | 4% | $1,120 |
| Next $10,000 | 6% | $600 |
| Next $25,000 | 10% | $2,500 |
| Next $10,000 | 14% | $1,400 |
| Next $15,000 | 20% | $3,000 |
| Next $40,000 | 26% | $10,400 |
| Above $140,000 | 32% | — |
Non-Owner-Occupied Residential Properties
Effective 1 Jan 2024 (unchanged for 2025–2026).
| Annual Value (AV) | Rate | Tax payable |
|---|---|---|
| First $30,000 | 12% | $3,600 |
| Next $15,000 | 20% | $3,000 |
| Next $15,000 | 28% | $4,200 |
| Above $60,000 | 36% | — |
For 2026, the Government is granting a one-off property tax rebate of up to 15% (capped at $500) on owner-occupied residential properties.
Seller’s Stamp Duty (SSD)
For residential properties acquired on or after 4 Jul 2025.
| Holding period | SSD rate |
|---|---|
| Up to 1 year | 16% |
| More than 1 year and up to 2 years | 12% |
| More than 2 years and up to 3 years | 8% |
| More than 3 years and up to 4 years | 4% |
| More than 4 years | No SSD payable |
For properties acquired between 11 Mar 2017 and 3 Jul 2025, the previous regime applies: 12% / 8% / 4% for sales within 1 / 2 / 3 years, and no SSD after 3 years.
Rental Income
If you are a non-resident in Singapore, your net rental income is taxed at the prevailing non-resident rate of 24% (raised from 22% with effect from YA 2024).
Disclaimer: This information is provided as a general guide only and is subject to change. While reasonable care has been taken in preparing it, it does not constitute legal, tax or financial advice and should not be relied upon as such. Stamp duty and property tax rules change from time to time — please verify the current rates with IRAS and seek professional advice before making any decision.
