Budget 2023

Increased Buyer’s Stamp Duties (BSD) for higher-value residential and non-residential properties (wef 15 February 2023)

Higher of Purchase Price or Market Value of the Property	Marginal BSD rate
	Residential propert	Non-residential property
First $180,000	1%	1%
Next $180,000	2%	2%
Next $640,000	3%	3%
Next $500,000	4%	4% (NEW)
Next $1,500,000	5% (NEW)	5% (NEW)
Amount exceeding $3,000,000	6% (NEW)	5% (NEW)