In this world nothing can be said to be certain, except death and taxes.
~Benjamin Franklin
As with many purchases in Singapore, buying a property is taxed.
On top of the full cost of your HDB flat, Executive Condominiums (EC), or private property which includes costs like legal fees, the interest on your housing/mortgage loan, and option fees; you will have to pay stamp duty.
Every time you buy a piece of property in Singapore, you will need to fork out Buyer’s Stamp Duty (BSD) to the Inland Revenue Authority of Singapore (IRAS).
That’s not all to it.
If you are a foreigner or you are looking to purchase another piece of property, you will need to pay Additional Buyer’s Stamp Duty (ABSD).
So how much exactly does it add to the total price of your property?
We got you.
TL;DR: All You Need to...
