There are two types of stamp duties payable to IRAS for all residential properties transacted in Singapore. The buyer’s stamp duty is a standard fee and applies to all property transactions in Singapore. The additional buyer’s stamp duty, on the other hand, is mainly dependent on how many properties you are holding on to as well as your nationality. You can use CPF monies to pay for both. However, due to the timeframe of the shorter option period for resale transactions, you would always need to use cash first before getting reimbursement from CPF. For new launches that are under construction, this will not be an issue.
Buyer Stamp Duty (BSD)
Buyer Stamp Duty (BSD)
Additional Buyer Stamp Duty (ABSD)