How Much Stamp Duty Is Payable at One Leonie Residences?

Published 13 October 2026 · Figures as at October 2026

The Short Answer for One Leonie Residences

Every buyer at One Leonie Residences pays Buyer’s Stamp Duty on the price, worked out in bands from 1% to 6%. Many buyers also pay Additional Buyer’s Stamp Duty, depending on residency and on the homes they already own. Both are due within 14 days of signing the sale and purchase agreement, as at October 2026.

For homes of the size planned at One Leonie Residences, the top band of Buyer’s Stamp Duty applies to much of the price, so the duty is a significant sum in its own right and belongs at the start of any budget.

Buyer’s Stamp Duty Bands at One Leonie Residences

Since 15 February 2023, residential Buyer’s Stamp Duty has been charged at 1% on the first $180,000, 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 any amount above $3,000,000. Each slice is charged at its own rate and the slices are added together.

On an illustrative figure of $6,000,000, which bears no relation to the price of any residence at One Leonie Residences, the slices come to $1,800, $3,600, $19,200, $20,000, $75,000 and $180,000, a total of $299,600. Above $3,000,000, every additional dollar attracts 6%.

ABSD for Each One Leonie Residences Buyer

Additional Buyer’s Stamp Duty is charged on the whole price at a single rate for the buyer’s profile. As at October 2026, Singapore Citizens pay 0% on a first residential property, 20% on a second and 30% on a third or more; Permanent Residents pay 5%, 30% and 35%; foreigners pay 60%; and entities pay 65%.

On the same illustrative $6,000,000, a Singapore Citizen buying a first home pays no ABSD, a Permanent Resident buying a first home pays $300,000, and a Singapore Citizen buying a second home pays $1,200,000, which is why the order of buying and selling deserves careful thought.

Stamp Duty for an Upgrader at One Leonie 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. The stamp duty calculator shows the figures for any profile.

Seller’s Stamp Duty and One Leonie Residences

Seller’s Stamp Duty applies only if a residential property is sold within four years of purchase. For homes bought on or after 4 July 2025, the rates are 16% for a sale within the first year, 12% in the second, 8% in the third and 4% in the fourth, with no duty after four years.

For a buyer at One Leonie Residences intending to live in the home, SSD rarely comes into play. The holding period runs from the date of purchase, so a buyer who might need to sell within four years should take it into account.

Budgeting the Duty at One Leonie Residences

In a budget for a new home, stamp duty sits alongside the 5% booking fee and the balance of the first 20% of the price, all of which fall due within the first weeks after the option is granted. Legal fees and the bank’s valuation are smaller items that come at the same time.

The progressive payment calculator places the duty in the overall schedule, and registrants receive the price list on release, so the duty on a particular residence can be worked out in advance.

Stamp Duty and Joint Purchases at One Leonie Residences

Where two or more people buy together, Buyer’s Stamp Duty is calculated once on the whole price, but Additional Buyer’s Stamp Duty follows the buyers’ profiles. If one buyer is a foreigner and another a Singapore Citizen, the higher rate generally applies to the whole price, unless the purchase qualifies for the remission available to married couples with at least one Singapore Citizen spouse.

Because the sums involved for a home of this size are large, the names on the purchase are worth settling with a lawyer before the option is exercised.

When One Leonie 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.

The stamp duty page sets out the tables in full, and the progressive payment calculator places the duty beside the booking fee and the instalments. Registrants for One Leonie Residences receive the price list on release, so the duty on a particular residence can be worked out exactly.

This article is general information as at the date shown and is not financial, legal or tax advice. Statutory figures are from IRAS and MAS; particulars of One Leonie Residences are from Far East Organization.