The Short Answer on North Park Central
Every buyer at North Park Central pays Buyer’s Stamp Duty on the price, and some buyers also pay Additional Buyer’s Stamp Duty depending on residency and the homes they already own. On an illustrative price of S$2,000,000, which is not a North Park Central price, BSD comes to S$69,600.
Rates are as at November 2026, checked against the IRAS schedules.
Buyer’s Stamp Duty Bands for North Park Central
| Portion of the price | Rate |
|---|---|
| First S$180,000 | 1% |
| Next S$180,000 | 2% |
| Next S$640,000 | 3% |
| Next S$500,000 | 4% |
| Next S$1,500,000 | 5% |
| Above S$3,000,000 | 6% |
Each band applies only to the part of the price inside it, so the overall rate is lower than the top band reached.
Additional Buyer’s Stamp Duty at North Park Central
| Buyer profile | First home | Second home | Third and subsequent |
|---|---|---|---|
| Singapore Citizen | 0% | 20% | 30% |
| Singapore Permanent Resident | 5% | 30% | 35% |
| Foreigner | 60% | 60% | 60% |
| Entity, including a trust | 65% | 65% | 65% |
On the same illustrative S$2,000,000, a Singapore Permanent Resident buying a first home adds S$100,000 of ABSD, and a Singapore Citizen buying a second home adds S$400,000.
When North Park Central Stamp Duty Is Paid
Both duties are payable to IRAS within 14 days of signing. If a home bought on or after 4 July 2025 is sold within four years, Seller’s Stamp Duty of 16%, 12%, 8% or 4% applies, depending on the year of sale.
The Arithmetic Behind the North Park Central Example
On the illustrative S$2,000,000, the first S$180,000 attracts 1%, or S$1,800, and the next S$180,000 attracts 2%, or S$3,600. The following S$640,000 at 3% adds S$19,200, and the next S$500,000 at 4% adds S$20,000.
The remaining S$500,000 falls in the 5% band, adding S$25,000. Together these come to S$69,600, about 3.5% of the illustrative price, even though the top band reached is 5%.
The same method applies to any price; only the bands reached change.
North Park Central Buyer Profiles and Ownership Counts
ABSD is set by the buyer’s profile on the day the agreement is signed. A Singapore Citizen pays 0% on a first home, 20% on a second and 30% on a third or subsequent home.
A Singapore Permanent Resident pays 5%, 30% and 35% on the same steps, a foreigner pays 60% on any residential purchase, and an entity, including a trust, pays 65%.
Because the count is taken at signing, a home that is still owned on that day is included. The housing loan page explains how the number of outstanding loans also affects the loan limit.
Seller’s Stamp Duty for an Off-Plan North Park Central Home
Seller’s Stamp Duty is a separate duty, paid by a seller who disposes of a home within four years. For homes acquired on or after 4 July 2025, the rates are 16% in the first year, 12% in the second, 8% in the third and 4% in the fourth.
For a home bought before completion, the four years run from the purchase date, not from the date the building is finished. With completion of North Park Central targeted for 2031, the holding period counts from the day the home is bought.
The stamp duty page sets out all three duties together.
North Park Central Totals for Common Profiles
On the illustrative S$2,000,000, which is not a North Park Central price, a Singapore Citizen buying a first home pays S$69,600 in all, since no ABSD applies. A Singapore Permanent Resident buying a first home pays S$69,600 of BSD plus S$100,000 of ABSD, or S$169,600 in total.
A Singapore Citizen buying a second home pays S$69,600 of BSD plus S$400,000 of ABSD, or S$469,600 in total. A foreign buyer would add ABSD at 60%, and an entity at 65%. The stamp duty calculator works out any other case in seconds.
Rates are as at November 2026 and follow the IRAS schedules checked on 11 November 2026. For figures on a specific home, the Sales Concierge can work through BSD and ABSD for your profile once the price list for North Park Central is released.
Run Your Own North Park Central Numbers
The stamp duty calculator works out BSD and ABSD for any price and buyer profile, and the stamp duty page explains each rule. For figures on a specific North Park Central home, register on the contact page or call +65 6200 6220 once the price list is released.
Receive North Park Central Releases First
The e-brochure, floor plans, price list and preview invitations go to registered buyers first. Showflat viewings are arranged by appointment through the Sales Concierge.