Answer
Stamp Duty on a $1.5M Condo in Singapore
At $1.5M, you cross into the 4% BSD bracket. Here's the full breakdown.
Answer: Stamp duty on a $1,500,000 condo in Singapore is $44,600 (BSD) for a Singapore Citizen buying their first property. No ABSD applies. The BSD breaks down as: $1,800 (1% on first $180K) + $3,600 (2% on next $180K) + $19,200 (3% on next $640K) + $20,000 (4% on final $500K). That's 3.0% of the purchase price.
BSD Breakdown — $1,500,000
| Bracket | Rate | Amount | Tax |
|---|---|---|---|
| First $180,000 | 1% | $180,000 | $1,800 |
| $180,001 – $360,000 | 2% | $180,000 | $3,600 |
| $360,001 – $1,000,000 | 3% | $640,000 | $19,200 |
| $1,000,001 – $1,500,000 | 4% | $500,000 | $20,000 |
| Total BSD | $44,600 | ||
Total Stamp Duty by Buyer Profile
Purchase price: $1,500,000
| Profile | BSD | ABSD | Total |
|---|---|---|---|
| SC, 1st property | $44,600 | $0 | $44,600 |
| SC, 2nd property | $44,600 | $300,000 | $344,600 |
| SC, 3rd+ property | $44,600 | $450,000 | $494,600 |
| PR, 1st property | $44,600 | $75,000 | $119,600 |
| PR, 2nd property | $44,600 | $450,000 | $494,600 |
| Foreigner | $44,600 | $900,000 | $944,600 |
ABSD rates effective 27 Apr 2023 (IRAS). BSD payable from CPF OA. ABSD must be in cash.
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Stamp Duty CalculatorFAQ
How much is stamp duty on a $1.5 million condo in Singapore?
For a Singapore Citizen buying their first property, stamp duty (BSD) on a $1,500,000 condo is $44,600. No ABSD applies. For a second property, add 20% ABSD ($300,000) for a total of $344,600.
How is BSD calculated on $1.5 million?
BSD uses progressive brackets: 1% on first $180,000 ($1,800) + 2% on next $180,000 ($3,600) + 3% on next $640,000 ($19,200) + 4% on next $500,000 ($20,000) = $44,600 total.
What is the ABSD on a $1.5M condo for a PR first property?
For a Permanent Resident buying their first residential property, ABSD is 5%: $75,000. Total stamp duty = $44,600 (BSD) + $75,000 (ABSD) = $119,600.
Can I use CPF to pay BSD on a $1.5M condo?
Yes. The full BSD of $44,600 can be paid from your CPF OA. ABSD (if applicable) must be paid in cash.
How much stamp duty does a foreigner pay on a $1.5M condo?
A foreigner pays $44,600 (BSD) + $900,000 (60% ABSD) = $944,600 total stamp duty on a $1,500,000 condo.
Related
Last updated Feb 2026. BSD rates effective 15 Feb 2023, ABSD effective 27 Apr 2023 (IRAS).