Understand Buyer's Stamp Duty (BSD), Additional Buyer's Stamp Duty (ABSD) and Seller's Stamp Duty (SSD) for Thomson Reserve. Includes 2024 ABSD rates, HDB upgrader planning, and a stamp duty calculator.
Buyer's Stamp Duty (BSD) is payable by all purchasers of property in Singapore, regardless of nationality or residency status. It is calculated on the purchase price or market value, whichever is higher. For Thomson Reserve buyers, understanding BSD is an essential part of total acquisition cost planning.
| Purchase Price Tier | BSD Rate | On This Band |
|---|---|---|
| First $180,000 | 1% | Max $1,800 |
| Next $180,000 | 2% | Max $3,600 |
| Next $640,000 | 3% | Max $19,200 |
| Next $500,000 | 4% | Max $20,000 |
| Next $1,500,000 | 5% | Max $75,000 |
| Amount exceeding $3,000,000 | 6% | On remainder |
Additional Buyer's Stamp Duty (ABSD) is imposed on top of BSD for certain buyer profiles. ABSD rates vary depending on your residency status and the number of residential properties you currently own. Planning your purchase sequence correctly can significantly reduce your ABSD liability for Thomson Reserve.
| Buyer Profile | 1st Property | 2nd Property | 3rd & Subsequent |
|---|---|---|---|
| Singapore Citizen (SC) | 0% | 20% | 30% |
| Singapore PR | 5% | 30% | 35% |
| Foreigner (non-SPR) | 60% | 60% | 60% |
| Entities (companies) | 65% | 65% | 65% |
Singapore Citizens who currently own a HDB flat and wish to purchase Thomson Reserve pay 20% ABSD upfront. However, if you sell your HDB within 6 months of the Thomson Reserve purchase completion, IRAS will remit the ABSD paid. This is a significant planning consideration for HDB upgraders.
Key timing: You have 6 months from the date of purchase of the private property (or TOP, if buying under construction) to dispose of your HDB flat and apply for ABSD remission.
Married couples who each own one property may consider decoupling — transferring one property entirely to one spouse — so the other spouse becomes a first-time buyer again. This allows the second property (e.g. Thomson Reserve) to be purchased at 0% ABSD for Singapore Citizens.
Decoupling involves BSD on the share transferred and requires careful financial planning. Speak with our sales team for a tailored analysis of your specific situation.
Seller's Stamp Duty (SSD) applies if you sell a residential property within 3 years of purchase. For Thomson Reserve buyers purchasing in 2026 with a TOP of 2032, SSD will not apply to most standard holding periods. However, understanding SSD is important for investors evaluating entry and exit timelines.
| Holding Period | SSD Rate | Implication for Thomson Reserve |
|---|---|---|
| Up to 1 year | 12% | Selling sub-sale within 1 year of purchase |
| More than 1 year, up to 2 years | 8% | Sub-sale between year 1–2 |
| More than 2 years, up to 3 years | 4% | Sub-sale between year 2–3 |
| More than 3 years | 0% | No SSD — most Thomson Reserve buyers are not affected |
Estimate your total stamp duty liability for Thomson Reserve. Enter your purchase price, buyer profile and property count to calculate BSD + ABSD.
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