In general, BSD is tax paid on documents signed when you buy or acquire immovable property located in Singapore. There are different BSD rates for residential and non-residential properties.
You are required to pay BSD for documents executed for the transfer or sale and purchase of property located in Singapore. BSD will be computed on the purchase price as stated in the document to be stamped or market value of the property (whichever is the higher amount).
Documents include the following:
- Acceptance to Option to Purchase (exercised)
- Sale and Purchase Agreement
- Deed of Gift
- Transfer instrument
BSD Rates #
BSD rates on or after 20 February 2018:
Stamp Duty Calculator #
To calculate the applicable BSD rates, you may wish to use IRAS Stamp Duty Calculator.
More Info and Caution #
For more information, please visit IRAS BSD page. Caution: Please check the latest BSD rates at IRAS website, and this page is for general guidance only and subject to error or may not be updated at the time of reading.