Singapore V.A.T. and Other Taxes

Singapore Real Estate Property Tax

The tax is imposed on owners of land and buildings in Singapore.
The 0%-20% tax rate is imposed on the assessable value of the property.

The rates for residential property are:
  • Non owner occupied property-10%-20%.
  • Owner occupied property- 0%-16%.
  • For non residential property the tax rate is 10%.

Singapore Stamp Duty

Stamp duty is imposed on documents relating to real estate and shares as described in the Stamp Duty Law.
Buyer's stamp duty ranges from 1% to 3% on purchase of property.
Seller's stamp duty ranges from 12% to 15%.

Singapore Real Estate Transfer Tax

There is no real estate transfer tax in Singapore.

Singapore Inheritance and Gift Tax

There are no inheritance and gift taxes in Singapore.