The Ultimate Guide to Using a Property Stamp Duty Calculator in Singapore

Thinking of buying property in Singapore? Whether you're eyeing your first home or adding to your investment portfolio, there’s one thing you’ll need to factor in: stamp duty. But don’t worry—figuring out how much stamp duty you’ll need to pay doesn’t have to be a headache. With the right tools, you can calculate it in just a few minutes and focus more on finding your dream property.

This guide will break down the basics of Buyer’s Stamp Duty (BSD) and Additional Buyer’s Stamp Duty (ABSD) and show you how to easily calculate your stamp duty using our Property Stamp Duty Calculator. Let’s get started!

What’s Property Stamp Duty Anyway?

In simple terms, stamp duty is a tax you pay to the government when you purchase a property. It's basically a way to make sure all property transactions are properly recorded. There are two main types of stamp duty you’ll encounter in Singapore:

• Buyer’s Stamp Duty (BSD): This is the tax you pay when you buy a property.
• Additional Buyer’s Stamp Duty (ABSD): This is an extra tax applied to certain buyers based on things like your residency status and how many properties you already own.

Here’s How BSD Works

When you buy a property in Singapore, Buyer’s Stamp Duty (BSD) is calculated based on the higher of either the property’s purchase price or its market value. It’s broken down into different brackets, and the more expensive your property, the more you’ll pay.

For residential properties, here’s how the BSD works:

• First $180,000: 1%
• Next $180,000: 2%
• Next $640,000: 3%
• Next $500,000: 4%
• Next $1,500,000: 5%
• Everything above that: 6%

So, if you’re buying a property worth $1 million, your BSD will be calculated across these different bands, meaning different portions of the price are taxed at different rates. It’s not a flat fee, which is why using a property stamp duty calculator comes in handy!

ABSD: The Extra Charge for Some Buyers

Now, let’s talk about Additional Buyer’s Stamp Duty (ABSD). This is an additional tax that’s based on your residency status and how many properties you already own. Here’s a quick look at the ABSD rates (as of 2025):

• Singapore Citizens:
  1. First property: 0%
  2. Second property: 20%
  3. Third property and beyond: 30%
• Singapore Permanent Residents:
  1. First property: 5%
  2. Second property: 30%
  3. Third property and beyond: 35%
• Foreigners:
  1. Any residential property: 60%

As you can see, ABSD can be a big factor in how much you end up paying, especially if you’re a foreigner or buying a second (or more) property.

How to Use the Mortgage Master Property Stamp Duty Calculator

Now that you know the basics, let’s get down to the fun part: using a property stamp duty calculator to figure out exactly how much you’ll need to pay.

The best part? It only takes a few minutes to calculate.

Here’s how you do it:

• Head over to Mortgage Master’s Property Stamp Duty Calculator
• Fill in the Details:
  1. Property Value: Enter the purchase price (or market value) of the property.
  2. Your Residency Status: Are you a Singaporean citizen, permanent resident, or foreigner? If you’re buying it with someone else, choose the residency with the higher tax rate so you get an accurate look at what your stamp duty is. For example, a Singaporean buying with a Foreigner will choose Foreigner under your residency status.
  3. How Many Properties Do You Own?: This helps calculate ABSD if applicable.
• Get Your Results: Hit "Calculate Stamp Duty" and voilà! You’ll get an instant breakdown of both your BSD and ABSD (if applicable).

The calculator makes things super easy and takes the guesswork out of your calculations.

Don’t Miss the Payment Deadline!

Once you’ve got your stamp duty calculated, remember that you’ve got 14 days to pay it. That’s 14 days from the day you sign your sale and purchase agreement (or Option to Purchase, if that’s what you’ve signed). If you miss the deadline, you could face penalties, so make sure you pay on time!

Pro Tips to Make Things Even Easier 1.Plan Ahead: Before you even start house-hunting, use the calculator to figure out the stamp duty costs. It’ll help you get a better idea of your budget.

1. Stay Up-to-Date: Tax rates can change, so always check the latest info from the Inland Revenue Authority of Singapore (IRAS) or keep your eye on the calculator for the most accurate estimates.
2. Get Help When You Need It: If you're unsure about how to calculate your stamp duty or if you're dealing with multiple properties, it's a good idea to consult a real estate professional or legal advisor to ensure everything’s in order.

Quick Links for More Info

• Mortgage Master Property Stamp Duty Calculator
• IRAS Stamp Duty Information

With a reliable property stamp duty calculator like the one from Mortgage Master, you can skip the confusion and get straight to the important stuff: buying your property. Whether you're new to the market or a seasoned buyer, this tool makes sure you're on top of your stamp duty costs, giving you one less thing to worry about. Happy house hunting!