Financing
Buying a home at The River Opus involves Buyer’s Stamp Duty (BSD) and, for some buyers, Additional Buyer’s Stamp Duty (ABSD). This page outlines how these apply so you can plan ahead. Stamp duty rates are set by the Inland Revenue Authority of Singapore (IRAS) and may change — always confirm the current rates with IRAS or your conveyancing lawyer before committing.
Buyer’s Stamp Duty
Buyer’s Stamp Duty is payable by all buyers on the purchase price or market value of the property, whichever is higher, on a tiered scale that rises with the value of the home. It applies regardless of residency or how many properties you own. For a development like The River Opus, your conveyancing lawyer will compute the exact BSD once the unit and price are confirmed. See the payment scheme page for how stamp duty fits into the overall payment timeline.
| Purchase Price / Market Value (residential) | BSD Rate |
|---|---|
| First $180,000 | 1% |
| Next $180,000 | 2% |
| Next $640,000 | 3% |
| Next $500,000 | 4% |
| Next $1,500,000 | 5% |
| Amount exceeding $3,000,000 | 6% |
Buyer’s Stamp Duty rates for residential property, per IRAS. Rates are subject to change — confirm the current schedule with IRAS or your conveyancing lawyer.
Additional Buyer’s Stamp Duty
Additional Buyer’s Stamp Duty depends on your residency status and the number of residential properties you already own. Singapore Citizens buying their first home are not subject to ABSD, while rates step up for second and subsequent properties and for Permanent Residents and foreigners. Because ABSD can significantly affect total cost, it is worth confirming your position early. Our team can walk you through how it applies to your purchase at The River Opus — register on the showflat page, or review housing loan information to plan your financing.
| Buyer Profile | 1st Property | 2nd Property | 3rd & Subsequent |
|---|---|---|---|
| Singapore Citizen (SC) | 0% | 20% | 30% |
| Singapore Permanent Resident (SPR) | 5% | 30% | 35% |
| Foreigner | 60% | 60% | 60% |
| Entity / Trust | 65% | 65% | 65% |
Additional Buyer’s Stamp Duty rates per IRAS, payable on top of BSD. ABSD is subject to change and reliefs may apply (for example, under certain Free Trade Agreements) — confirm your position with IRAS or your conveyancing lawyer.
Plan ahead
Register for a no-obligation chat on stamp duty, loans and the payment scheme for The River Opus.
Register interest