Stamp Duty on a S$2,450,000 Property Calculator
Buyer's and additional buyer's stamp duty on a S$2,450,000 Singapore home for citizens, PRs and foreigners.
Result
- Buyer's Stamp Duty
- S$92,100.00
- Additional Buyer's Stamp Duty
- S$0.00
- Total stamp duty
- S$92,100.00
- Total as % of price
- 3.76%
How to use the stamp duty on a s$2,450,000 property calculator
- Enter the purchase price or market value (S$).
- Enter the buyer profile.
- Enter the which residential property is this?.
- The results update as you type, or press Calculate.
- Read the buyer's stamp duty first, then the supporting figures below it.
Formula
Total = BSD (tiered 1%–6%) + ABSD (price × ABSD rate for your profile).
Worked example
For example, with these inputs:
- Purchase price or market value (S$): 2,450,000
- Buyer profile: Singapore Citizen
- Which residential property is this?: First
the calculator returns:
- Buyer's Stamp Duty: S$92,100.00
- Additional Buyer's Stamp Duty: S$0.00
- Total stamp duty: S$92,100.00
- Total as % of price: 3.76%
Stamp duty by buyer profile
| Buyer | Property | BSD | ABSD | Total |
|---|---|---|---|---|
| Singapore Citizen | 1st | S$92,100.00 | S$0.00 | S$92,100.00 |
| Singapore Citizen | 2nd | S$92,100.00 | S$490,000.00 | S$582,100.00 |
| Singapore Citizen | 3rd+ | S$92,100.00 | S$735,000.00 | S$827,100.00 |
| Singapore PR | 1st | S$92,100.00 | S$122,500.00 | S$214,600.00 |
| Singapore PR | 2nd | S$92,100.00 | S$735,000.00 | S$827,100.00 |
| Singapore PR | 3rd+ | S$92,100.00 | S$857,500.00 | S$949,600.00 |
| Foreigner | Any | S$92,100.00 | S$1,470,000.00 | S$1,562,100.00 |
Background
Stamp duties are paid upfront. Buyer's Stamp Duty applies to every purchase at tiered rates up to 6%, while ABSD depends on the buyer's residency status and how many residential properties they already own. Sellers who dispose of a property within the holding period pay Seller's Stamp Duty.
The Total Debt Servicing Ratio limits monthly debt repayments to 55% of gross monthly income for any property loan, and the Mortgage Servicing Ratio limits the housing instalment to 30% of income for HDB flats and new executive condominiums. Banks apply a medium-term interest rate in these tests rather than the rate you will actually pay.
Frequently asked questions
How does the stamp duty on a s$2,450,000 property calculator work?
It applies this formula: Total = BSD (tiered 1%–6%) + ABSD (price × ABSD rate for your profile).
Should I rely on this before signing?
Use it to plan, then confirm the figures with your banker, lawyer or the IRAS stamp duty calculator before you exercise an option to purchase.