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Ministry of Finance (MOF)
Parliamentary Replies

Additional Buyer’s Stamp Duty Remission Framework

Topics

Tax-Related (Stamp Duty)

5 August 2026

Parliamentary Question by Mr Dennis Tan Lip Fong:

To ask the Prime Minister and Minister for Finance (a) whether the Government will consider extending the Additional Buyer’s Stamp Duty remission framework to single Singaporeans who purchase a second residential property for owner-occupation and sell their first property within six months to align their treatment with the concessions available to married couples and seniors aged 55 and above; and (b) if not, why not.

Parliamentary Reply by Senior Minister of State for Finance, Mr Jeffrey Siow:

Similar questions were answered in this House in October 2020 and July 2023. Since then, we introduced the Additional Buyer’s Stamp Duty (ABSD) remission for single Singaporean seniors in 2024 to better support seniors who wish to right-size their homes in retirement. The Member may wish to refer to the past replies on the rationale for not extending ABSD remission to all single Singaporeans.

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