Calculator ยท Industrial and commercial
Stamp duty calculator for industrial and commercial property
Industrial and commercial property share one buyer's stamp duty scale, so this single calculator serves both. Enter the price and it returns the duty, the band-by-band working and the GST on the purchase. Overwrite the opening figure with your own unit's price.
Illustrative figure, enter your own price.
Where market value tops the contract price, IRAS charges on market value.
| Buyer's stamp duty due | |
| Figure IRAS taxes | — |
| BSD payable | — |
| ABSDApplies to homes only, so industrial and commercial buyers pay none | Nil |
| Seller's stamp duty if you sell laterIndustrial: 15%, 10% or 5% on a sale within one, two or three years of buying. Commercial: none at any point | Depends on type |
Band by band
| Slice of the price | Rate | Sum in the slice | Duty |
|---|---|---|---|
| Buyer's stamp duty in total | — | ||
| GST on the purchase | |
| Price | — |
| GST at 9%Added to each stage payment when it falls due | — |
| Price with GST | — |
IRAS rounds the duty down to the whole dollar, with $1 as the least payable. It is due 14 days after the option is accepted when the papers are signed in Singapore.
Where the two types differ
The non-residential scale has five bands, from 1% to 5%, and neither type pays additional buyer's stamp duty. The difference comes on a sale: an industrial unit sold within three years of purchase attracts seller's stamp duty of 15%, 10% or 5%, while a commercial unit attracts none.
Related tools
The industrial purchase calculator and the commercial purchase calculator place this duty inside the full cash and loan picture. The industrial property guide and the commercial property guide cover each type in depth, and the seller's stamp duty guide has the industrial schedule.
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