A home purchase at One Marina Gardens carries Buyer’s Stamp Duty on the price and, for some buyers, Additional Buyer’s Stamp Duty on top. Seller’s Stamp Duty arises only if a home is resold within four years. The rates below are those IRAS published as at 20 October 2026.
Buyer’s Stamp Duty on a Home at One Marina Gardens
Buyer’s Stamp Duty climbs through six bands. The first $180,000 of the price is charged at 1%, the next $180,000 at 2%, and so on up to 6% on whatever exceeds $3,000,000; the duty is the sum of the bands. The residential bands have applied since 15 February 2023.
| Portion 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% |
| Amount above $3,000,000 | 6% |
Source: IRAS, checked 20 October 2026. Rates can change; confirm with IRAS before signing.
A BSD Example for One Marina Gardens
The worked example uses an illustrative purchase price of $1,500,000; it is not the price of any home at the development. Four bands apply, and together they come to $44,600.
| 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 |
| BSD on $1,500,000 | $44,600 |
Source: IRAS, checked 20 October 2026. Rates can change; confirm with IRAS before signing.
The stamp duty calculator applies the same bands to any price and adds the ABSD for the profile you choose. For a particular unit, the Sales Concierge can send the current price list so the duty can be worked out exactly.
Where Additional Buyer’s Stamp Duty applies, it is a single rate on the whole price. On the same illustrative $1,500,000, a Singapore Citizen buying a second home would pay $300,000 of ABSD, and a Permanent Resident buying a first home $75,000.
Within 14 days of signing.
Buyer’s Stamp Duty and any ABSD fall due soon after the sale and purchase agreement is signed.
Additional Buyer’s Stamp Duty for One Marina Gardens Buyers
ABSD is added to BSD. For individuals the rate depends on residency status and on how many residential properties are already owned at the date of purchase; foreigners and entities pay a flat rate. The current rates took effect on 27 April 2023.
| Buyer profile | First property | Second property | Third and subsequent |
|---|---|---|---|
| Singapore Citizen | 0% | 20% | 30% |
| Singapore Permanent Resident | 5% | 30% | 35% |
| Foreigner | 60% | 60% | 60% |
| Entity | 65% | 65% | 65% |
Source: IRAS, checked 20 October 2026. Rates can change; confirm with IRAS before signing.
A married couple buying jointly, with at least one spouse a Singapore Citizen and no other residential property between them, may apply to IRAS for ABSD remission; a couple buying a second home may claim a refund if they sell the first within the period IRAS allows. Under free trade agreements, nationals and permanent residents of the United States, and nationals of Iceland, Liechtenstein, Norway and Switzerland, are treated as Singapore Citizens for ABSD. One Marina Gardens is a private condominium, so foreign buyers need no approval of the kind landed homes require.
Seller’s Stamp Duty and One Marina Gardens
Seller’s Stamp Duty is paid by the seller, and only on a residential property sold within four years of purchase. For properties bought on or after 4 July 2025 the rates are:
| Holding period at sale | 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 | No SSD |
Source: IRAS, checked 20 October 2026. Rates can change; confirm with IRAS before signing.
Because BSD and ABSD are due within 14 days of the sale and purchase agreement, they sit at the front of the budget with the 5% booking fee. The progressive payment calculator places them in the full schedule, and the payment scheme page lists the instalments.
Request the One Marina Gardens Price List
One Marina Gardens is on sale, and the Sales Concierge sends the current price list with the homes still available. Showflat viewings are arranged by appointment through the Sales Concierge.
Sent on request
- The current price list with the homes still available.
- The e-brochure and the floor plans you shortlist.
- A payment schedule and the stamp duty for your profile.
- A showflat appointment at a time that suits you.
Request the Price List
No obligation. The Sales Concierge responds personally to every enquiry.
Prefer to speak to someone? Call +65 6200 6220, or send a WhatsApp message to the same number.
