Stamp Duty & Payment Scheme

Buyer’s Stamp Duty (BSD)

Singapore Citizen 3% – $5400 of Purchase Price
Permanent Resident
Foreigners & Corporate Entities

Read more about BSD

Additional Buyer’s Stamp Duty (ABSD)

1st Property 2nd Property 3rd Onwards
Singapore Citizen N/A 7% 10%
Permanent Resident 5% 10% 10%
Foreigners & Corporate Entities 15% 15% 15%

Read more about Additional Buyer’s Stamp Duty (ABSD)

Loan-to-Value (LTV) Limits

1st Loan 2nd Loan 3rd onwards
LTV Limits 80% or 60%* 50% or 30%* 40% or 20%*
Minimum Cash Down Payment 5% (for LTV of 80%) 25% 25%
10% (for LTV of 60%)
Corporate Entities 20% 20% 20%

* If the loan tenure is more than 30 years or extends past age 65.
http://www.mas.gov.sg/~/media/resource/news_room/press_releases/2013/Annex%20II.pdf

Progressive Payment Scheme

STAGE PAYMENT (% of Total Purchase Price)
Upon the grant of Option to Purchase 5% (Booking Fee)
Upon signing of the Sale & Purchase Agreement or within 8 weeks from the Option date 20% less Booking Fee
Completion of foundation work 10%
Completion of reinforced concrete framework of unit 10%
Completion of partition walls of unit 5%
Completion of roofing / ceiling of unit 5%
Completion of door sub-frames / door frames, window frames, electrical wiring, internal plastering and plumbing of unit 5%
Completion of car park, roads and drains serving the housing project 5%
Temporary Occupation Permit or Certificate of Statutory Completion 25%
On completion date 15%

http://www.ura.gov.sg/lad/HBG/progressPayments.htm