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How Much BSD Will You be Paying?


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Buyer Stamp Duty (BSD)


The BSD for residential properties is calculated in the manner as shown below

Buyer Stamp Duty Rates

Buyer Stamp Duty Rates


The BSD is to be paid for all types of purchase on all types of properties, including HDB flats. It is important to note that the higher value between the purchase price and market value will be used for the calculations of BSD. In a case when there is a part purchase of share (Tenancy-in-Common) or the transfer of shares to become a sole owner, BSD will also be incurred. BSD is exempted for an inheritance case.

While CPF can be used to pay for BSD, it is important to note that CPF that is refunded from selling a flat previously cannot be used to pay for stamp duties or conveyancing fees for the next property.

If solicitor is acting for HDB, then BSD can be collected by HDB for both bank loan and HDB loan
If no solicitor is acting for HDB, then the buyer’s solicitor will collect the BSD if buyer is taking bank loan
If no solicitor is acting for HDB, then HDB will collect BSD when buyer takes HDB loan

For an easier way to calculate BSD for residential properties below $1,000,000 (but above $360,000), simply take 3% less $5,400. For residential properties above $1,000,000, take 4% less $15,400

For all other information on stamp duties on a HDB transaction, please click here.



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Buyer Stamp Duty (BSD)


The BSD for residential properties is calculated in the manner as shown below

Buyer Stamp Duty Rates

Buyer Stamp Duty Rates


The BSD is to be paid for all types of purchase on all types of properties, including HDB flats. It is important to note that the higher value between the purchase price and market value will be used for the calculations of BSD. This will mean that an undervalued transfer or purchase will also incur BSD based on market value. In a case when there is a part purchase of share (Tenancy-in-Common) or the transfer of shares to become a sole owner, BSD will also be incurred. BSD is exempted for an inheritance case.

While CPF can be used to pay for BSD, it is important to note that CPF that is refunded from selling a flat previously cannot be used to pay for stamp duties or conveyancing fees for the next property.

If solicitor is acting for HDB, then BSD can be collected by HDB for both bank loan and HDB loan
If no solicitor is acting for HDB, then the buyer’s solicitor will collect the BSD if buyer is taking bank loan
If no solicitor is acting for HDB, then HDB will collect BSD when buyer takes HDB loan

For an easier way to calculate BSD for residential properties below $1,000,000 (but above $360,000), simply take 3% less $5,400. For residential properties above $1,000,000, take 4% less $15,400

For all other information on stamp duties on a HDB transaction, please click here.



Date first posted on 18 June 2019; Last Edited on 18 June 2019

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