How Much Stamp Duty Is Payable on a Home at The Arcady?
Published · Insights & News
Stamp duty on a home at The Arcady at Boon Keng is made up of Buyer's Stamp Duty (BSD), charged on a progressive scale from 1% to 6%, plus Additional Buyer's Stamp Duty (ABSD) at a rate set by the buyer's profile, from 0% for a Singapore Citizen buying a first home to 65% for an entity. The exact amount depends on the purchase price of the chosen home and the buyer's circumstances, and the rates below are those published by IRAS as at October 2026.
Buyer's Stamp Duty at The Arcady at Boon Keng
BSD applies to every residential purchase, whoever the buyer is. It is charged in bands, so each slice of the purchase price is taxed at its own rate rather than the whole price at a single rate. The residential rates in force from 15 February 2023 are:
Portion of the purchase price
BSD rate
First $180,000
1%
Next $180,000
2%
Next $640,000
3%
Next $500,000
4%
Next $1,500,000
5%
Above $3,000,000
6%
The bands add up in a straightforward way: the first four cover the first $1,500,000 of the price, the fifth carries it to $3,000,000, and anything above that is charged at 6%. The total is rounded down to the dollar. The same table applies whichever of the 16 unit types at The Arcady is chosen, from a one-bedroom-plus-study to a penthouse, and it is the same for citizens, permanent residents, foreigners and entities alike. Only the purchase price changes the result, which is why BSD can be worked out precisely once the figure for a particular home is in hand.
A worked BSD example for The Arcady at Boon Keng
The clearest way to see the bands at work is to run a single figure through them. The example below uses $2,000,000. It is an illustrative figure for the arithmetic only, not the price of any home at The Arcady at Boon Keng; the price list for The Arcady is sent by the Sales Concierge on request.
Band
Amount in band
Rate
Duty
First $180,000
$180,000
1%
$1,800
Next $180,000
$180,000
2%
$3,600
Next $640,000
$640,000
3%
$19,200
Next $500,000
$500,000
4%
$20,000
Remaining amount up to $2,000,000
$500,000
5%
$25,000
Total BSD
$2,000,000
$69,600
Adding the bands gives $1,800 + $3,600 + $19,200 + $20,000 + $25,000 = $69,600. The first $1,500,000 accounts for $44,600 of that, and the remaining $500,000 falls in the 5% band, adding $25,000. No part of the figure reaches the 6% band, which starts above $3,000,000. The stamp duty calculator repeats this working for any purchase price and adds ABSD for the buyer's profile.
Additional Buyer's Stamp Duty and The Arcady at Boon Keng
ABSD is charged on top of BSD. Where BSD is banded, ABSD is a flat percentage of the whole purchase price, and the rate depends on the buyer's profile and how many residential properties the buyer already owns. The rates from 27 April 2023 are:
Buyer profile
First residential property
Second residential property
Third and subsequent
Singapore Citizen
0%
20%
30%
Singapore Permanent Resident
5%
30%
35%
Foreigner
60%
60%
60%
Entity
65%
65%
65%
Read across the table, three common cases illustrate how the two duties combine:
A Singapore Citizen buying a first residential property pays BSD only, since the ABSD rate is 0%.
A Singapore Permanent Resident buying a first residential property pays BSD plus ABSD at 5%.
A foreign buyer pays BSD plus ABSD at 60%, whatever the number of properties already owned.
Because ABSD applies to the whole price at a single rate, it is the larger of the two duties for any buyer who pays it at 20% or more, since the top BSD band is 6%. An ABSD remission exists for qualifying married couples where at least one spouse is a Singapore Citizen; conditions apply, and IRAS sets them. Buyers who are unsure which rate applies to them can check their position with IRAS or a conveyancing lawyer before exercising the option.
Seller's Stamp Duty for owners at The Arcady at Boon Keng
Seller's Stamp Duty (SSD) is paid by the owner, not the buyer, and only when a residential property is disposed of within a set holding period. For residential property bought on or after 4 July 2025, the rates are:
Disposal within
SSD rate
1 year of purchase
16%
2 years of purchase
12%
3 years of purchase
8%
4 years of purchase
4%
More than 4 years after purchase
None
For an owner who intends to live at The Arcady Condo for the long term, SSD does not come into play. It matters only for a disposal inside the first four years, and the full IRAS rules govern how the holding period is measured.
Working out stamp duty for a home at The Arcady at Boon Keng
Stamp duty is paid separately from the purchase price instalments, so it sits alongside the progressive payments rather than within them. A practical sequence for a buyer at The Arcady @ Boon Keng is:
Choose a home from the floor plans and request its figure from the Sales Concierge.
Run that figure through the stamp duty calculator to see BSD and any ABSD.
The Sales Concierge sends the price list on request and arranges viewings by appointment. The contact page lists the phone, WhatsApp and email details, and the Arcady Boon Keng home page gives the full overview of the development.
The Arcady at Boon Keng is about a 6-minute walk from Boon Keng MRT and three stops from Dhoby Ghaut, with a bus stop at the door and PIE, CTE and MCP nearby.
Schools near The Arcady at Boon Keng, from Bendemeer Primary School at a 7-minute walk to Hong Wen School, with the developer's distances and travel times.
The Arcady at Boon Keng site plan has 47 facilities over 4 landscaped levels, from the 35m infinity pool and kids' spaces to three clubhouses and a roof farm.
The Sales Concierge sends the e-brochure, the full set of floor plans and the current price list to registered parties, and arranges a private viewing by appointment. There is no charge to register and no commitment attached.
