Buyer's Stamp Duty

There are extra sum of money which needs to be paid on top of your property prices.

Generally, a foreigner can take a loan up to 70 % of the purchase price.

For a foreigner, you will need to pay Buyer's Stamp Duty -
3 % of Purchase Price Less $5,400.

https://www.iras.gov.sg/IRASHome/Other-Taxes/Stamp-Duty-for-Property/Working-out-your-Stamp-Duty/Buying-or-Acquiring-Property/What-is-the-Duty-that-I-Need-to-Pay-as-a-Buyer-or-Transferee-of-Residential-Property/Buyer-s-Stamp-Duty--BSD-/

On top of that, you will need to pay Additional Buyer's Stamp Duty.
In short, we call it ABSD, and locals or permanent residents will also need to
pay for this for the purchase of the second or more residential properties.
Please refer to the following website for more details.

ABSD
https://www.iras.gov.sg/IRASHome/Other-Taxes/Stamp-Duty-for-Property/Working-out-your-Stamp-Duty/Buying-or-Acquiring-Property/What-is-the-Duty-that-I-Need-to-Pay-as-a-Buyer-or-Transferee-of-Residential-Property/Additional-Buyer-s-Stamp-Duty--ABSD-/

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