CALL DEVELOPER HOTLINE
+65 6100-8108

Parc Greenwich

Home in an Urban Village.
LAUNCHING SEPTEMBER 2021
TOP est 2025 Q1
Updated as at 
20 September 2021

Call Developer Hotline

+65 6100 8108

Parc Greenwich Financing Information: Stamp Duty

Buyer's Stamp Duty (BSD)

Buyer’s Stamp Duty is tax paid on documents signed when you buy or acquire property located in Singapore, levied by the Inland Revenue Authority of Singapore (IRAS).

You are required to pay BSD for documents executed for the sale and purchase of property located in Singapore. BSD will be computed on the purchase price as stated in the document to be stamped or market value of the property (whichever is the higher amount).
Purchase Price or Market Value of the PropertyBSD Rates for Residential PropertiesBSD Rates for Non-Residential Properties
First $180,0001%1%
Next $180,0002%2%
Next $640,0003%3%
Remaining Amount4%3%

Additional Buyer's Stamp Duty (ABSD)

Liable buyers are required to pay ABSD on top of the existing Buyer’s Stamp Duty (BSD). ABSD and BSD are computed on the purchase price as stated in the dutiable document or the market value of the property (whichever is the higher amount).

More details about the ABSD can be found on the IRAS website and ABSD Fact Sheet.
Nationality1st Property2nd Property3rd Property
Singapore CitizensN.A.12%15%
Permanent Residents5%15%15%
Foreigners20%20%20%
Entities/Companies25%25%25%

For home owners considering the purchase of an Executive Condominium, we are pleased to inform you that there will be NO ABSD required.

This is due to the following requirements when purchasing an Executive Condominium:

  • Home owners who currently own a BTO HDB or Resale HDB with government grants need to fulfil their 5 year MOP (Minimum Occupation Period) before they can apply to purchase Parc Canberra. They may continue to stay in their current BTO, but must sell their BTO within 6 months after the Executive Condominium reaches TOP 
  • Home owners who currently own a Resale HDB without government grants can apply to purchase the EC if their MOP is before the EC TOP.  They may continue to stay in their current Resale HDB, but must sell their Resale HDB within 6 months after the EC TOP
  • Home owners who currently own a private property cannot apply to purchase an EC and must sell their private property and wait 30 months before they can apply for an Executive Condominium 
  • Home owners who currently own an Executive Condominium need to fulfil their 5 year MOP, then sell their Executive Condominium and wait 30 months before they can apply for any other Executive Condominium
Parc Greenwich
Developer: Frasers and CSC Land
Tenure: 99 Years Leasehold
Location: Fernvale Lane
Mukim Lot: MK20-05278V
District: 28
Est TOP: 2025 Q1
Est Vacant Possession: June 2026
Expected CSC: 10 Mar 2029
Contact Us
Information updated as at
Monday, 20 September 2021
info@parcgreenwich.theofficial.sg
+65 6100-8108
© 
2021
  All rights reserved
Parc Greenwich EC cross