A Brief Summary of Cooling Measures - SRX

1. Additional Buyer's Stamp Duty (ABSD)

Citizenship	ABSD Rate on Primary Home Purchase	ABSD Rate on Secondary Home Purchase	ABSD Rate on Tertiary & Subsequent Purchase
Singapore Citizens	N/A	0% revised to 7%	3% revised to 10%
Permanent Residents	0% revised to 5%	3% revised to 10%	3% revised to 10%
Foreigners1 and non-individuals	10% revised to 15%	10% revised to 15%	10% revised to 15%

Note: ¹Citizens of the USA, Switzerland, Liechtenstein, Norway, Iceland will be treated the same as Singapore Citizens due to FTA agreement.

2. Sellers' Stamp Duty (SSD)

Residential Property Sold In	Year 1	Year 2	Year 3	Year 4
SSD Rate since Feb 2010	Same as basic Buyer Stamp Duty	N/A	N/A	N/A
SSD Rate since Aug 2010	Same as basic Buyer Stamp Duty	2/3 of basic Buyer Stamp Duty	1/3 of basic Buyer Stamp Duty	N/A
SSD Rate since Jan 2011	16%	12%	8%	4%

3. Loan-to-Value (LTV) Ratio

Source: SRX