Buying a home at Faber Residence brings two stamp duties at the outset: Buyer’s Stamp Duty, which every purchaser pays, and Additional Buyer’s Stamp Duty, which depends on the buyer’s profile. A third, Seller’s Stamp Duty, arises only if the home is resold within four years. The rates below are the IRAS rates in force on 6 October 2026.
Buyer’s Stamp Duty on a Faber Residence Home
BSD is worked out in slices. The purchase price is divided into bands, each band is charged at its own percentage, and the slices are added together. The residential bands have applied to purchases since 15 February 2023.
| Slice of the purchase price | 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% |
Source: IRAS, checked 6 October 2026. Rates can change; check IRAS before you sign.
BSD Worked Through for Faber Residence
Take $2,000,000 purely as an illustration; it is not the price of any home at Faber Residence. The figure runs through five bands, and the slices total $69,600.
| Slice | Duty |
|---|---|
| $180,000 at 1% | $1,800 |
| $180,000 at 2% | $3,600 |
| $640,000 at 3% | $19,200 |
| $500,000 at 4% | $20,000 |
| $500,000 at 5% | $25,000 |
| BSD on $2,000,000 | $69,600 |
Source: IRAS, checked 6 October 2026. Rates can change; check IRAS before you sign.
Homes run from 646 sq ft for the 2-bedroom types to 1,485 sq ft for the 5-bedroom, as set out on the floor plan page. To run the bands on another figure, use the stamp duty calculator; the real prices are on the price list, which the Sales Concierge sends on request.
Additional Buyer’s Stamp Duty for Faber Residence Buyers
ABSD sits on top of BSD. For individuals, the rate turns on residency status and the number of residential properties already owned at the time of purchase; foreigners and entities pay one flat rate. These rates have applied since 27 April 2023.
| Buyer | First property | Second property | Third and later |
|---|---|---|---|
| Singapore Citizen | 0% | 20% | 30% |
| Singapore Permanent Resident | 5% | 30% | 35% |
| Foreigner | 60% | 60% | 60% |
| Entity | 65% | 65% | 65% |
Source: IRAS, checked 6 October 2026. Rates can change; check IRAS before you sign.
Married couples where at least one spouse is a Singapore Citizen may, in specific circumstances, obtain a remission or a refund of ABSD on a joint purchase. IRAS sets the conditions and decides each case. Because Faber Residence is a condominium, foreign buyers do not need the landed-property approval that applies to houses; they pay the foreigner rate of ABSD.
Seller’s Stamp Duty and a Faber Residence Resale
SSD falls on the seller, and only when a residential property is sold within four years of purchase. For homes bought on or after 4 July 2025, which covers every purchase at Faber Residence since its launch on 18 October 2025, the rate depends on how long the home has been held.
| When the home is sold | SSD rate |
|---|---|
| Sold within the first year | 16% |
| In the second year | 12% |
| In the third year | 8% |
| In the fourth year | 4% |
| After four years | No SSD |
Source: IRAS, checked 6 October 2026. Rates can change; check IRAS before you sign.
The estimated TOP is the first quarter of 2029 and vacant possession is expected by 31 December 2030; the dates are on the project details page.
When Faber Residence Stamp Duty Falls Due
IRAS generally requires stamp duty to be paid within 14 days of the document being signed. For a new home bought from the developer, that is the sale and purchase agreement, so BSD and any ABSD are paid near the beginning of the purchase, not at completion. The duty comes on top of the purchase price and is separate from the instalments on the payment scheme page, so it belongs in the first cash plan alongside the 5% booking fee.
The progressive payment calculator shows duty and instalments together, and housing loan information covers the borrowing limits.
Register Your Interest in Faber Residence
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.
What the Sales Concierge sends
- The Faber Residence e-brochure and the full project details.
- All 23 floor plan types, from the 646 sq ft 2-bedroom to the 1,485 sq ft 5-bedroom.
- The current price list and the balance units chart by block and stack.
- A private showflat appointment and the site plan with all 18 courtyards.
Register Your Interest
No obligation. The Sales Concierge responds personally to every enquiry.
To talk it through instead, call +65 6200 6220 or send a WhatsApp message to the same number.