Stamp Duty on a S$3,400,000 Property Calculator
Buyer's and additional buyer's stamp duty on a S$3,400,000 Singapore home for citizens, PRs and foreigners.
Result
- Buyer's Stamp Duty
- S$143,600.00
- Additional Buyer's Stamp Duty
- S$0.00
- Total stamp duty
- S$143,600.00
- Total as % of price
- 4.22%
How to use the stamp duty on a s$3,400,000 property calculator
- Enter the purchase price or market value (S$).
- 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$): 3,400,000
- Buyer profile: Singapore Citizen
- Which residential property is this?: First
the calculator returns:
- Buyer's Stamp Duty: S$143,600.00
- Additional Buyer's Stamp Duty: S$0.00
- Total stamp duty: S$143,600.00
- Total as % of price: 4.22%
Stamp duty by buyer profile
| Buyer | Property | BSD | ABSD | Total |
|---|---|---|---|---|
| Singapore Citizen | 1st | S$143,600.00 | S$0.00 | S$143,600.00 |
| Singapore Citizen | 2nd | S$143,600.00 | S$680,000.00 | S$823,600.00 |
| Singapore Citizen | 3rd+ | S$143,600.00 | S$1,020,000.00 | S$1,163,600.00 |
| Singapore PR | 1st | S$143,600.00 | S$170,000.00 | S$313,600.00 |
| Singapore PR | 2nd | S$143,600.00 | S$1,020,000.00 | S$1,163,600.00 |
| Singapore PR | 3rd+ | S$143,600.00 | S$1,190,000.00 | S$1,333,600.00 |
| Foreigner | Any | S$143,600.00 | S$2,040,000.00 | S$2,183,600.00 |
Background
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.
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.
Frequently asked questions
How does the stamp duty on a s$3,400,000 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.