Tenancy agreement stamp duty calculator
Stamp duty on a Singapore tenancy is 0.4% of the rent over the term. Enter the figures and see what's payable, and how IRAS gets there.
Maintenance, service charges, furniture and fittings. These count toward the rent for stamp duty even when billed separately.
Stamp duty payable
S$336
- Total rent over the term
- S$84,000
- Average annual rent
- S$42,000
- Charged on
- S$84,000
- Rate
- 0.4%
How the calculation works
Duty is charged at 0.4%. For a term of four years or less it applies to the total rent across the whole term. For a term over four years, or an indefinite one, it applies to four times the average annual rent instead, which caps what a long tenancy costs.
Average annual rent is the total rent divided by the term in years, and it counts more than the headline figure. Maintenance, service charges, furniture and fittings, and advertising and promotion charges payable under the tenancy all count toward it. GST does not.
Where the average annual rent is S$1,000 or less, nothing is payable. Otherwise the duty is rounded down to the nearest dollar, with a minimum of S$1.
Where this figure is a floor, not a final answer
- IRAS charges on the higher of the contractual rent and the annualised market rent. This calculates the contractual figure, so an under-market rent can be assessed higher.
- It assumes a flat monthly amount. Stepped rents, rent-free periods and premiums change the total, and so change the duty.
- Terms are taken as whole months. A term with an odd number of days will differ slightly.
This is a calculation aid, not tax advice. Confirm the figure and pay through IRAS e-Stamping.
Common questions
- Who pays the stamp duty on a tenancy agreement?
- The tenant, unless the tenancy agreement says otherwise. Where the agreement is silent, IRAS holds the tenant liable.
- When is it due?
- Within 14 days of signing if the agreement is signed in Singapore, or 30 days if it's signed overseas. The clock runs from signing, not from the start of the tenancy.
- Is there a minimum, or an exemption?
- If the average annual rent is S$1,000 or less, no duty is payable. Above that, duty is rounded down to the nearest dollar with a minimum of S$1.
- Does a longer tenancy cost more?
- Only up to four years. For a term over four years, or an indefinite one, duty is charged on four times the average annual rent, so a six-year tenancy costs the same as a four-year one at the same rent.
You're an agent, and this is the small part
RentOwl generates the tenancy agreement this duty is payable on, then tracks the rent, the maintenance and the renewal that follow it. Built in Singapore, for Singapore agents.
Request pilot access