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 Lentor Hills Residences!
Hello! Thanks for visiting
🚀 LENTOR HILLS RESIDENCES 🚀
Over 88% SOLD and Units are Still Moving Fast!

🌳 LENTOR HILLS RESIDENCES 🌳
Still at EARLY BIRD FIRST DAY PRICING‼️
From $1,9xx psf ‼️

1BR SOLD OUT‼️
1BR+S fr. $1.334M
2BR2bath fr. $1.663M
2BR+S fr. $1.809M
3BR fr. $2.080M
3BR+Yard fr. $2.267M
4BR fr. $2.725M
3BR DK fr. $2.723M
4BR DK fr. $2.910M

🚶🏻‍♀️2 min sheltered walk to MRT to mall
🚈Within 20min to CBD by public transport / driving
🏫Within 1km to St Nicks
🍜10min walk to wet market, food center
🏞️ Connected to Parks and nature reserve
🥳 Huge transformations with new township
💪🏻 Reputable developers
😍 One of the most attractively priced and worthy new launch this year

*Prices are subject to change without prior notice.

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