How Much Stamp Duty Will I Pay at Chencharu Central Residences?

Published 11 October 2026 · Figures as at October 2026

The Short Answer for Chencharu Central Residences

Every buyer at Chencharu Central Residences pays Buyer’s Stamp Duty on the purchase price, on a banded scale that rises from 1% to 6%. Many buyers also pay Additional Buyer’s Stamp Duty, which depends on residency and on how many residential properties they already own: from 0% for a Singapore Citizen buying a first home to 60% for a foreigner and 65% for an entity, as at October 2026.

Both duties are due within 14 days of signing the sale and purchase agreement, so they are among the first costs of a purchase, alongside the 5% booking fee.

Buyer’s Stamp Duty on a Home at Chencharu Central Residences

Buyer’s Stamp Duty is charged in slices: 1% on the first $180,000 of the price, 2% on the next $180,000, 3% on the next $640,000, 4% on the next $500,000, 5% on the next $1,500,000 and 6% on anything above $3,000,000. These residential bands have applied since 15 February 2023.

As illustrations only, and with no relation to the price of any home at Chencharu Central Residences: on $1,200,000 the duty is $32,600; on $1,500,000 it is $44,600; and on $2,000,000 it is $69,600. The stamp duty page works through the slices.

ABSD by Buyer at Chencharu Central Residences

ABSD is added to BSD. A Singapore Citizen pays nothing on a first residential property, 20% on a second and 30% on a third or more. A Singapore Permanent Resident pays 5%, 30% and 35%. A foreigner pays 60% and an entity 65% on any residential purchase. The rates have applied since 27 April 2023.

On the illustrative $1,500,000, a Singapore Citizen buying a second home would add $300,000 of ABSD to the $44,600 of BSD, and a Permanent Resident buying a first home would add $75,000. Nationals and permanent residents of the United States, and nationals of Iceland, Liechtenstein, Norway and Switzerland, receive citizen treatment under free trade agreements.

Remission and Refunds for Chencharu Central Residences Buyers

Two reliefs matter most to households. A married couple buying jointly, with at least one Singapore Citizen spouse and no other residential property between them, may apply for remission of ABSD. A married couple buying a second home while selling the first may pay the ABSD and claim a refund if the first home is sold within the period IRAS allows.

IRAS sets and decides the conditions, and a conveyancing lawyer should confirm eligibility before the option is exercised. For an upgrader, the order of selling and buying is the main planning decision, and the stamp duty calculator shows the duty for each profile side by side.

When Chencharu Central Residences Stamp Duty Is Paid

Stamp duty is paid within 14 days of signing the sale and purchase agreement, at about the same time as the 15% instalment due on signing and well before the bank begins disbursing the loan. It cannot be paid out of the loan.

Singapore Citizens and Permanent Residents pay in cash first and may then use CPF Ordinary Account savings to reimburse the BSD where CPF rules and the balance allow; foreign buyers pay entirely in cash. The progressive payment calculator separates the cash that must be ready from the sums CPF can cover.

Stamp Duty for an Upgrader at Chencharu Central Residences

The upgrader’s case shows how much the order of transactions matters. A Singapore Citizen couple who still own their current home when they sign for a new one pay ABSD of 20% on the second residential property. If they are married, with no other property between them, and sell the first home within the period IRAS allows, they may apply for a refund of that ABSD.

The duty is still paid at the start, within 14 days of signing, and the refund comes back only after the sale of the first home is complete. Upgraders therefore need the cash for the ABSD in hand at the outset, even if they expect it back. On the illustrative $1,500,000, that would be $300,000 of ABSD on top of $44,600 of BSD. The stamp duty calculator shows the figures for any profile.

When Chencharu Central Residences Stamp Duty Is Paid

Stamp duty on a new home is payable within 14 days of signing the sale and purchase agreement, before most of the price has been paid. Buyers who plan to use CPF savings towards the duty should check the CPF Board’s rules for their own case, since any amount not covered must be paid in cash on time. Late payment attracts penalties, so the amount should be planned before the option is signed.

Seller’s Stamp Duty and Chencharu Central Residences

Seller’s Stamp Duty arises only if a home is resold within four years of purchase. For homes bought on or after 4 July 2025, the rate is 16% in the first year, 12% in the second, 8% in the third and 4% in the fourth, with none after four years.

A home bought under construction is usually held well beyond that window by the time it is completed. Stamp duty is one part of the upfront cost; the Sales Concierge for Chencharu Central Residences can go through the whole budget at a preview appointment.