A purchase at North Park Central carries Buyer’s Stamp Duty on the price, and for some buyers Additional Buyer’s Stamp Duty as well. Both are collected by IRAS; the rates on this page were checked against the IRAS schedules on 11 November 2026.
Buyer’s Stamp Duty on a North Park Central Home
BSD is charged in bands. The first S$180,000 of the price is taxed at 1%, the next S$180,000 at 2%, and so on up to 6% for any amount above S$3 million.
Only the slice of the price inside each band attracts that band’s rate. The overall percentage is therefore always lower than the highest band reached.
| 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% |
Source: IRAS residential stamp duty rates: BSD bands in force from 15 February 2023, ABSD rates from 27 April 2023 and SSD rates for homes acquired on or after 4 July 2025; checked 11 November 2026.
Worked Example for North Park Central Buyers
This example uses S$2,000,000 purely because round numbers are easy to follow; it is not a North Park Central price. At that figure, BSD adds up to S$69,600.
| Band | Duty |
|---|---|
| S$180,000 at 1% | S$1,800 |
| S$180,000 at 2% | S$3,600 |
| S$640,000 at 3% | S$19,200 |
| S$500,000 at 4% | S$20,000 |
| S$500,000 at 5% | S$25,000 |
| BSD on S$2,000,000 | S$69,600 |
Source: IRAS residential stamp duty rates: BSD bands in force from 15 February 2023, ABSD rates from 27 April 2023 and SSD rates for homes acquired on or after 4 July 2025; checked 11 November 2026.
ABSD then depends on who is buying. A Singapore Citizen buying a first home pays no ABSD, so the total stays at S$69,600.
A Singapore Permanent Resident buying a first home pays 5%, or S$100,000, taking the total to S$169,600. A Singapore Citizen buying a second home pays 20%, or S$400,000, for S$469,600 in all.
The stamp duty calculator runs the same sum for any price and buyer profile.
14 days after signing.
BSD and ABSD are payable to IRAS within 14 days of signing the agreement.
North Park Central Additional Buyer’s Stamp Duty Rates
ABSD rates turn on two things: the buyer’s residency status and the number of residential properties already owned on the day the agreement is signed.
| 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% |
Source: IRAS residential stamp duty rates: BSD bands in force from 15 February 2023, ABSD rates from 27 April 2023 and SSD rates for homes acquired on or after 4 July 2025; checked 11 November 2026.
Foreign individuals pay 60% on any residential purchase, and entities, trusts included, pay 65%. For Citizens and Permanent Residents the rate rises with each additional home held.
Seller’s Stamp Duty and a North Park Central Home
Seller’s Stamp Duty applies if a home bought on or after 4 July 2025 is sold within four years: 16% in the first year, 12% in the second, 8% in the third and 4% in the fourth. After four years, no SSD is payable.
For a home bought before completion, the four years are counted from the purchase date. The payment scheme page sets out the instalments, and the housing loan page the MAS limits.
Register for North Park Central
North Park Central brings about 110 new homes to the heart of Yishun. Registrants receive each release from the developer as it is issued, together with the preview schedule and first choice of showflat appointments.
Released to registrants first
- Preview dates, with a showflat appointment held for you once viewings open.
- The e-brochure, the floor plans and the price list, each on its release day.
- A loan estimate from the TDSR calculator, set beside the stamp duty for your buyer profile.
- Clear answers on home financing and the progressive payment stages.
Register for North Park Central
Every registration receives a personal reply from the Sales Concierge.
Prefer to talk? Call or WhatsApp the Sales Concierge on +65 6200 6220.