A purchase at One Leonie Residences attracts Buyer’s Stamp Duty on the price, and Additional Buyer’s Stamp Duty according to who is buying and what they already own. A third duty, Seller’s Stamp Duty, applies only to a resale within four years. The rates below are the IRAS rates in force on 13 October 2026.
Buyer’s Stamp Duty at One Leonie Residences
Buyer’s Stamp Duty is worked out band by band. The first slice of the price is charged at 1%, the next at 2%, and so on up to 6% on any amount above $3,000,000, and the slices are added together. These 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 and MOF, checked 13 October 2026. Rates can change; confirm with IRAS before signing.
A One Leonie Residences BSD Illustration
The figure of $6,000,000 below is an illustration of the bands only and bears no relation to the price of any residence at One Leonie Residences, which Far East Organization releases in due course. It reaches the top band, and the six slices add up to $299,600.
| 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 |
| $1,500,000 at 5% | $75,000 |
| $3,000,000 at 6% | $180,000 |
| BSD on $6,000,000 | $299,600 |
Source: IRAS and MOF, checked 13 October 2026. Rates can change; confirm with IRAS before signing.
The stamp duty calculator applies the same bands to any figure and adds the ABSD for a chosen profile. The Sales Concierge sends the price list to registrants when it is released, so the duty on a particular residence can be worked out exactly.
For homes of the size planned at One Leonie Residences, much of the price falls in the top band, so every additional dollar above $3,000,000 attracts 6% in Buyer’s Stamp Duty. Additional Buyer’s Stamp Duty, where it applies, is charged on the whole price at the buyer’s rate, as the table below shows.
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 Leonie Residences Buyers
ABSD is added on top of BSD. For individuals it depends on residency status and on the number of residential properties already owned at the date of purchase; foreigners and entities pay a single rate. The table shows the rates that 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 and MOF, checked 13 October 2026. Rates can change; confirm with IRAS before signing.
A married couple buying jointly, with at least one Singapore Citizen spouse and no other residential property between them, may apply to IRAS for remission of ABSD, and a couple buying a second home may apply for a refund if their first home is sold 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 receive the same ABSD treatment as Singapore Citizens. Because One Leonie Residences is a private condominium development, foreigners may buy there without the approval that landed homes require.
Seller’s Stamp Duty and One Leonie Residences
Seller’s Stamp Duty is paid by the seller, and only where a residential property is 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 and MOF, checked 13 October 2026. Rates can change; confirm with IRAS before signing.
BSD and ABSD are due within 14 days of signing the sale and purchase agreement, so they belong in the early part of any budget, beside the 5% booking fee. The progressive payment calculator places them in the overall schedule, and the payment scheme page sets out the instalments.
Register for the One Leonie Residences Preview
Registration places you on the private preview list for One Leonie Residences. The Sales Concierge sends each release as Far East Organization issues it and arranges a private viewing when the preview opens.
What registrants receive first
- The e-brochure and the full project details on release.
- The floor plans of the four- to six-bedroom residences and the duplex penthouse.
- The price list and the balance units chart by level.
- An invitation to a private preview appointment when viewings open.
Freehold. 25 residences. 1 Leonie Hill.
Four- to six-bedroom homes and a duplex penthouse by Far East Organization.
Register Your Interest
No obligation. The Sales Concierge responds personally to every enquiry.
To talk it through instead, call +65 6200 6220 or send a WhatsApp message to the same number.