Precise specifics of "hdb consumer stamp responsibility 140 28" isn't publicly obtainable, since the numbers probably symbolize an deal with or internal reference quantity as opposed to a typical identifier. Buyer's Stamp Duty (BSD) is a tax levied on all assets buys in Singapore, which include HDB flats. The quantity is calculated based upon a tiered technique based on the buy cost or market benefit, whichever is bigger. For household Homes, the current rates are one% for the 1st S$180,000, two% for the subsequent S$180,000, three% for the subsequent S$640,000, four% for the subsequent S$five hundred,000, five% for the next S£1,five hundred,000 and 6% for the quantity exceeding S$3 million. The duty needs to be paid out for the Inland Revenue Authority of Singapore (IRAS) in just fourteen days of your HDB's letter more info of in-theory approval. Though BSD is paid out in money for completed resale flats, it could be reimbursed with CPF money later. More Purchaser's Stamp Duty (ABSD) may use to Singapore Permanent Residents and foreigners, or to Singapore Citizens shopping for their 2nd or subsequent home.