Buying a home in Singapore is not just about paying the purchase price, there are other costs like stamp duties, conveyancing, agent fees, valuation fee etc.
Below is the total cost of purchase for a foreigner is buying a S$1,500,000 property in Singapore.
Based on nationality and the number of residential properties, the additional buyer stamp duty (ABSD) varies between 0 to 20%.
| Purchase Price | 1,500,000 |
| Buyer Stamp Duty | 44,600 |
| Additional Buyer Stamp Duty | 300,000 |
| Conveyancing Fee (Estimated) | 3,000 |
| Mortgage Stamp Duty | 500 |
| Agent Fee (Negotiable) | 0 |
Useful Calculator: Additional Buyer Stamp Duty Calculator
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Edwin Goh
Branch District Director, ERA
In my six years of real estate career, I have seen many property owners losing their money or have their money stuck in their property investment. Mostly because of bad decisions made based on lack of information, bad advice and unchecked emotions. I would love to meet up with every one of you and help you in your real estate journey, but this may not be possible. So, I have started this blog to share my insights and hopes they will help you make a better decision.
If you are ready to begin your rewarding real estate investment journey with me, Whatsapp me today at +65 9004 5827, till we meet, good luck in your real estate investment journey.
