get an agent

Buy with an Agent

Dedicated experts at your service

Documentation Services

Leave the paperwork to us

do it yourself

Browse New Launch Condos

Find new units for sale

Browse Resale Listings

Connect with sellers through our app

RESOURCES

Calculate Buyer’s Stamp Duty

Find the amount payable when buying

Affordability Calculator

Find the amount payable when buying

How to Buy an HDB

A step-by-step guide to buying HDB

How to Buy a Private Property

A step-by-step guide to buying condo/landed

get an agent

Sell with an Agent

Dedicated experts at your service

Documentation Services

Leave the paperwork to us

do it yourself

Post a Listing for Free

Connect with buyers through our app

RESOURCES

Calculate Seller’s Stamp Duty

Find the amount payable when selling

How to Sell my HDB

A step-by-step guide to selling HDB

How to Sell my Private Property

A step-by-step guide to selling condo/landed

HOME E-VALUATION

For tenants

Rent with an Agent

Dedicated experts at your service

RESOURCES

How to Rent an HDB

A step-by-step guide to renting HDB

How to Rent a Private Property

A step-by-step guide to selling condo/landed

For landlords

Lease with an Agent

Dedicated experts at your service

Lease Documentation

Leave the paperwork to us

RESOURCES

How to Lease an HDB

A step-by-step guide to renting HDB

How to Lease a Private Property

A step-by-step guide to selling condo/landed

Do it yourself

ARTICLE CATEGORIES

HDB

All things about public housing

Private Property

All things about private property

Home Improvement

Guides for must-know reno tips

Financing

All about mortgage solutions

Towns

Singapore townships in focus

Client Stories

Success stories from customers

Founders’ Message

From the desks of Rhonda & Race Wong

Let us help you

Need help in your property needs?
Share on facebook
Share on twitter
Share on email
Share on whatsapp
Understand tenancy stamp duty when renting a flat

Stamp Duty for Rental Properties: A Simple Guide

Ohmyhome

Ohmyhome

Share on facebook
Share on email
Share on whatsapp

Just moved to the sunny island of Singapore? Be assured, renting a property without an agent is pretty straightforward here, thanks to tight industry regulations.

Aside from the monthly rent, one of the one-off costs associated with renting a place is the stamp duty, which we shall tackle here.

What is stamp duty? 

Stamp Duty is payable on documents relating to leases of immovable properties in Singapore.

The duty on leases is payable based on the contractual rental or the market rental, whichever is higher, at the below rates.

Rates and computation

Average Annual Rent (AAR)Rates
AAR does not exceed $1,000Exempted
AAR exceeds $1,000
Lease period of 4 years or less0.4% of total rent for the period of the lease
Lease period of more than 4 years or for any indefinite term0.4% of 4 times the AAR for the period of the lease

Here’s a sample computation if your rent is $4,000 per month and the lease duration is 24 months.

Total rent $96,000
Stamp Duty Rate0.40%
Stamp Duty Payable$384

Who pays?

The party who is liable to pay the stamp duty is usually stated in the agreements. For example, if you rent a property, the tenancy agreement should state who is liable to pay stamp duty.

In actual practise, it is usually the tenant who pays for this duty.

How to Pay?

Stamp duty can be paid using FAST (for DBS/ POSB accounts), AXS Kiosk, AXS Mobile, AXS Website, eNETS, GIRO, among other options. There is no instalment payment for this duty; it must be paid in full.

For more details about the payment options, click here.

E-stamping 

It used to be that a physical revenue stamp had to be attached to or impressed upon a document to show that stamp duty had been paid before the document was legally effective. Not anymore.

e-Stamping has replaced adhesive stamps for a while now and gives users the convenience of stamping documents at home, in the office or at the service bureaus. There is no subscription or transaction fee to do this – all you need to do is key in your document details and the system will calculate the stamp duty that needs to be paid.

To pay, you will need an existing bank account. The full amount will be deducted through eNETS for a non-registered user (general public) or through interbank GIRO for a registered user.

All documents liable to stamp duty will have to be stamped through the e-Stamping system.

Where to e-stamp documents?

1. e-Stamping Online

The e-Stamping Portal allows you to carry out the following e-Services:

  1. e-Stamp your document
  2. Pay additional stamp duty
  3. Retrieve your stamp certificate
  4. Amend stamp certificate
  5. Request for refund
  6. Seek adjudication or appeal

2. Service Bureaus

SingPost has four Service Bureaus where you can get assistance to stamp your documents for a fee.

The locations and operating hours of the Service Bureaus are here.

3. Inland Revenue Authority of Singapore’s Taxpayer & Business Service Centre

You can also visit the IRAS Taxpayer & Business Service Centre to e-Stamp your documents at their e-kiosks.

These are located at the main lobby of Revenue House which is in the Newton/Novena area.

A stamp certificate will be issued once the payment is successful. To check the authenticity of a stamp certificate, visit the e-StampingPortal.

When to pay stamp duty

You are required to stamp a document before you sign it. If you sign a document before stamping, you must have it stamped within the following time frame without incurring a penalty.

  1. Within 14 days after signing if it is signed in Singapore or
  2. Within 30 days after receiving the document in Singapore if the document is signed overseas.

Penalties will be imposed on late payments.

In case you haven’t found your new home away from home, here’s a guide to condo renting. Want to rent an HDB flat instead? Check out this article.

Need help on your property needs? Messaging us on Intercom, which can be found at the bottom, right-hand corner of the screen. Or WhatsApp us at +65 9727 5270!

Subscribe Now

Get a notification every time we upload a new blog post.

Let us help you

Need help in your property needs?

Featured Blogs

Your one-stop guide for must-know HDB tips

get an agent

Buy with an Agent

Dedicated experts at your service

Documentation Services

Leave the paperwork to us

Do it yourself

Browse New Launch Condos

Find new units for sale

Browse Resale Properties

Download the app and speak directly to sellers

RESOURCES

Affordability Calculator

Calculate required tax for selling

Calculate Buyer’s Stamp Duty

Find the amount payable when buying

How to Buy an HDB

A step-by-step guide to buying HDB

How to Buy a Private Property

A step-by-step guide to buying condo/landed

bUY OVERSEAS

get an agent

Sell with an Agent

Dedicated experts at your service

Documentation Services

Leave the paperwork to us

do it yourself

Post a Listing for Free

Download the app and connect with buyers

RESOURCES

Free Home E-Valuation

Know the value of your property in seconds!

Calculate Seller’s Stamp Duty

Find the amount payable when selling

How to Sell an HDB

A step-by-step guide to selling HDB

How to Sell my Private Property

A step-by-step guide to selling condo/landed

get an agent

Rent with an Agent

Dedicated experts at your service

do it yourself

Browse Rental Listings

Download the app and connect with landlords

RESOURCES

How to Rent an HDB

A step-by-step guide to renting HDB

How to Rent a Private Property

A step-by-step guide to renting condo/landed

get an agent

Lease with an Agent

Dedicated experts at your service

Lease Documentation

Leave the paperwork to us

do it yourself

Post a Listing for Free

Download the app and connect with tenants

RESOURCES

How to Lease my HDB

A step-by-step guide to renting out an HDB

How to Lease my Private Property

A step-by-step guide to renting out condo/landed

FEATURED ARTICLES

Ohmyhome Raises US$5M in Series A+ Funding

Ohmyhome, the leading Property 
One-Stop Shop Platform

ARTICLE CATEGORIES

HDB

All things about public housing

Private Property

All things about private property

Home Improvement

Guides for must-know reno tips

Financing

All about mortgage solutions

Towns

Singapore townships in focus

Client Stories

Success stories from customers

Founders’ Message

From the desks of Rhonda & Race Wong

Social media

Other