BSD, Buyer's Stamp Duty, is a tiered tax on every Singapore property purchase, from 1 percent on the first S$180,000 up to 6 percent on the portion above S$3,000,000. It is always payable, unlike ABSD which only applies from a second property onward for most buyers.

What is BSD? — Singapore property glossary

What is BSD? BSD, Buyer's Stamp Duty, is a tiered tax payable on every Singapore property purchase, regardless of citizenship or how many properties the buyer already owns. It runs from 1 percent on the first S$180,000 of the price up to 6 percent on the portion above S$3,000,000, and is always payable.

Unlike ABSD, which only applies from a buyer's second residential property (or first for some foreigners), BSD applies to every purchase, HDB, private, or commercial, and to every buyer profile.

The 2026 BSD schedule is tiered: 1 percent on the first S$180,000, 2 percent on the next S$180,000, 3 percent on the next S$640,000, 4 percent on the next S$500,000, 5 percent on the next S$1,500,000, and 6 percent on any amount above S$3,000,000. BSD is computed on the higher of the purchase price or the bank's valuation.

Worked example: on a S$1,500,000 condominium, BSD works out to roughly S$44,600, before any ABSD that may apply. BSD is due within 14 days of exercising the Option to Purchase for a private property, and it must be paid regardless of financing arrangements.

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Winfred Quek is an Associate Marketing Consultant at Crestbrick Pte Ltd (CEA Licence No. L31010886H). CEA R073319H. This page is for general information only and does not constitute financial, investment, or legal advice. Verify current figures with IRAS, HDB, CPF Board, or MAS before making any decision.

BSD

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