Understand Your Stamp Duty Before You Commit

Get a clear breakdown of Buyer’s Stamp Duty (BSD), Additional Buyer’s Stamp Duty (ABSD), and how they apply to Narra Residences purchasers. Stay informed before making your move.

Stamp Duty

Everything you need to know about Stamp Duty when purchasing a unit at Narra Residences.Buying a new home at Narra Residences involves more than just selecting the right unit type and layout. Understanding Buyer’s Stamp Duty (BSD) and Additional Buyer’s Stamp Duty (ABSD) is essential for planning your total budget and securing your preferred home confidently. This page provides the latest stamp duty rates, explanations, and examples specifically relevant to new launch buyers considering Narra Residences at Dairy Farm Walk.

Purchase Price or Market Value of the PropertyBSD Rates for Residential PropertiesBSD Rates for Non-Residential Properties
First $180,0001%1%
Next $180,0002%2%
Next $640,0003%3%
Next $500,0004%4%
Next $1,500,0005%5%
In excess of $3,000,0006%5%

Additional Buyer Stamp Duty

ABSD applies depending on your citizenship and whether this is your 1st, 2nd, or 3rd+ property. This is especially important for investors considering Narra Residences due to the attractive rental potential near Hillview MRT and Upper Bukit Timah.

Nationality1st Property2nd Property3rd Property
Singapore CitizensN.A.20%30%
Permanent Residents5%30%35%
Foreigners60%60%60%
Entities / Companies65%65%65%
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