What is the stamp duty for The Oliv?

Stamp duty for Singapore residential properties like THE OLIV consists of Buyer's Stamp Duty (BSD)—payable on all purchases—and Additional Buyer's Stamp Duty (ABSD), which varies by buyer profile.

Buyer's Stamp Duty (BSD) Rates (from 15 Feb 2023)

BSD applies to the higher of purchase price or market value, using these tiers:

• First $180,000: 1%
• Next $180,000 ($180,001–$360,000): 2%
• Next $640,000 ($360,001–$1,000,000): 3%
• Next $500,000 ($1,000,001–$1,500,000): 4%
• Next $1,500,000 ($1,500,001–$3,000,000): 5%
• Above $3,000,000: 6%

Example for a $2M condo: $1,800 + $3,600 + $19,200 + $20,000 + $25,000 = $69,600 total BSD.

For properties under $1M, quick formula: (0.03 × value) – $5,400 (e.g., $800K property: $18,600).

Additional Buyer's Stamp Duty (ABSD) Rates (2026)

ABSD is added on top of BSD based on your profile and property count:

Buyer Type	1st Property	2nd Property	3rd+ Property
Singapore Citizen	0%	17%	25%
Singapore PR	5%	25%	30%
Foreigner	60%	65%	65%

Example: Foreigner buying $2M first property—BSD $69,600 + ABSD (60% × $2M = $1.2M) = $1,269,600 total.

Pay within 14 days of Option to Purchase via IRAS e-Stamping. Use CPF for eligible portions. Check IRAS for exact calculations or exemptions (e.g., some EFTA citizens). For THE OLIV purchases, factor these into your budget based on your profile.