How Much Stamp Duty Is Payable on Faber Residence?
Published · Insights & News
Every purchase at Faber Residence attracts Buyer's Stamp Duty (BSD), charged in tiers from 1% to 6% of the price, and many buyers also pay Additional Buyer's Stamp Duty (ABSD) according to their residency status and the number of homes they already own. As at October 2026, a Singapore Citizen buying a first residential property pays BSD only, while Permanent Residents, foreigners, entities and Citizens buying a second home pay BSD plus ABSD at the rates set out below.
This guide covers both duties, a worked example, the Seller's Stamp Duty that applies on resale, the remission and refund provisions, and when payment is due.
Buyer's Stamp Duty Rates for Faber Residence
BSD applies to every residential purchase, whoever the buyer is. It is charged progressively, so each slice of the price is taxed at its own rate rather than the whole price at a single rate. The tiers below have applied to residential property since 15 February 2023 and are current as at October 2026.
Portion of 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%
Residential BSD rates effective 15 February 2023, as published by IRAS, as at October 2026. Duty is rounded down to the nearest dollar.
A Worked Stamp Duty Example for Faber Residence Buyers
To show how the tiers work, take an illustrative purchase price of $1,500,000. This figure is an illustration only and is unrelated to Faber Residence pricing; it is used here purely because it falls across four BSD tiers and makes the arithmetic easy to follow.
Tier
Rate
Duty
First $180,000
1%
$1,800
Next $180,000
2%
$3,600
Next $640,000
3%
$19,200
Next $500,000
4%
$20,000
Total BSD on $1,500,000
$44,600
Illustration only, using an assumed price of $1,500,000 unrelated to Faber Residence pricing. BSD rates as at October 2026.
On that illustrative price, BSD totals $44,600 for every buyer profile. ABSD, where it applies, is then added on top as a flat percentage of the price:
Illustrative buyer
ABSD rate
ABSD on $1,500,000
Singapore Citizen, first home
0%
$0
Singapore Permanent Resident, first home
5%
$75,000
Singapore Citizen, second home
20%
$300,000
Foreigner
60%
$900,000
Illustration only, using an assumed price of $1,500,000 unrelated to Faber Residence pricing. ABSD rates as at October 2026.
A Singapore Citizen buying a first home on that illustrative price would therefore pay $44,600 in total, while a Permanent Resident buying a first home would pay $44,600 plus $75,000. For the actual price of a chosen home, the Faber Residence pricing page and the calculator together give the precise figure.
Additional Buyer's Stamp Duty at Faber Residence
ABSD depends on two things: who is buying, and how many residential properties that buyer already owns. The rates below have applied since 27 April 2023 and are current as at October 2026.
Buyer profile
First home
Second home
Third and subsequent home
Singapore Citizen
0%
20%
30%
Singapore Permanent Resident
5%
30%
35%
Foreigner
60%
60%
60%
Entity
65%
65%
65%
ABSD rates effective 27 April 2023, as published by IRAS, as at October 2026.
Faber Residence is a private condominium, so it is open to Singapore Citizens, Permanent Residents and foreigners alike, and foreign buyers need no approval to purchase a unit. The ABSD rate is the main difference between those profiles. The Faber Residence stamp duty page summarises the rates on a single page for reference.
Remission, Refunds and Seller's Stamp Duty at Faber Residence
Remission for married couples
A married couple in which at least one spouse is a Singapore Citizen, buying jointly and owning no other residential property, can have ABSD remitted, as at October 2026. This lets a couple with one Citizen spouse buy their first home together without the ABSD that would otherwise apply to the non-Citizen spouse.
Refund for upgrading couples
A married couple who buy a second home before selling their first may be refunded the ABSD on the second home if the first is sold within six months. The conditions are strict and are set by IRAS, so the qualifying rules should be confirmed with IRAS before signing.
Seller's Stamp Duty on resale
Seller's Stamp Duty (SSD) applies when a home bought on or after 4 July 2025 is sold within four years. It is charged on the seller, on a scale that falls the longer the home is held.
Holding period
SSD rate
Up to 1 year
16%
More than 1 year, up to 2 years
12%
More than 2 years, up to 3 years
8%
More than 3 years, up to 4 years
4%
More than 4 years
Nil
SSD rates for residential property bought on or after 4 July 2025, as at October 2026.
When Stamp Duty Is Paid on a Faber Residence Purchase
BSD and any ABSD are payable within 14 days of exercising the Option to Purchase. Under the progressive payment scheme, the 15% instalment is also due on signing the Sale and Purchase Agreement within 8 weeks of the option, so both sums fall early in the purchase. Planning cash for them from the start keeps the process smooth. The payment scheme guide sets out how the remaining 80% of the price is paid as construction progresses.
Stamp duty is a separate cost from the purchase price, so it needs its own budget alongside the 5% booking fee and the 15% instalment. Loan limits for the price itself are covered on the housing loan information page.
For a stamp duty figure on a specific home, or to arrange a viewing of the show units by appointment, reach the Sales Concierge through the Faber Residence contact page.
The Sales Concierge sends the e-brochure, the full set of floor plans and the current price list for Faber Residence, and arranges a private viewing of the three show units at a time that suits you.
