Answer
Tenancy Agreement Singapore — Deposit, Stamp Duty, Notice Period
Renting in Singapore: 2 months deposit standard, stamp duty ~$144/year ($3K rent), 1–2 months notice period if diplomatic clause exists.
Answer: Security deposit is 2 months' rent (unfurnished) or 2–3 months (furnished). Upfront cost = first month + deposit (e.g., $3K rent → $9K upfront). Stamp duty: 0.4% of annual rent (e.g., $3K/mo → $144/year). Notice period: 1 month (lease <2 years) or 2 months (lease ≥2 years) if diplomatic clause exists. Without diplomatic clause, you're locked in for full term.
FAQ
What is the standard security deposit for rental in Singapore?
2 months' rent for unfurnished properties, 2–3 months for furnished properties. Security deposit (also called guarantee deposit) is held by the landlord as protection against unpaid rent, property damage, or early termination. Example: Monthly rent $3,000. Deposit = $6,000 (2 months). Total upfront payment = first month rent ($3,000) + deposit ($6,000) = $9,000. For furnished properties with expensive furniture/appliances, some landlords ask for 3 months deposit. This is legal, though less common. Deposit refund: Landlord must return the deposit within 14 days of lease end, minus deductions for damages or unpaid rent. If no damages, you get the full deposit back.
How much is stamp duty on a tenancy agreement?
Stamp duty is calculated based on total annual rent. Rates: Annual rent >$10,000 — 0.4% of total annual rent. Example: 1-year lease, $3,000/mo. Annual rent = $36,000. Stamp duty = 0.4% × $36,000 = $144. Who pays? Typically shared 50/50 between landlord and tenant (~$72 each). When to stamp: Within 14 days of signing. Late stamping incurs penalties (up to 4× the duty amount). Always stamp your tenancy agreement — unstamped agreements are not admissible in court disputes.
What is the notice period for ending a tenancy in Singapore?
Depends on the lease agreement. Standard notice periods: 1-month notice for leases <2 years. 2-month notice for leases ≥2 years. This applies if there's a diplomatic clause (early termination clause). If NO diplomatic clause: you're locked in for the full lease term. If you leave early, you forfeit your deposit and may owe rent for remaining months. Always negotiate a diplomatic clause before signing — it gives you flexibility if you need to relocate.
Last updated Feb 2026. Stamp duty rates per IRAS. This is general information, not legal advice.