Buyer’s Stamp Duty and GST on a freehold strata office at ARC 380.
Buying a strata office at ARC 380 attracts one stamp duty: Buyer’s Stamp Duty, assessed on the non-residential scale. Enter a price below to see the duty, how it builds up band by band, and the GST position. For the full cash picture across the ten weeks from option to completion — loan, deposit, legal fee and monthly repayment — use the ARC 380 purchase calculator.
The price agreed before GST.
Entry-level office units at ARC 380 start from around $2.1 million.
Assessed on the price before GST, or market value if higher.
A marginal scale — each rate applies only to the slice of the price inside its band.
| Band | Rate | Amount in band | Duty |
|---|
Charged where the seller is GST-registered. Never financed by the bank.
Five bands apply: 1% on the first $180,000, 2% on the next $180,000, 3% on the next $640,000, 4% on the next $500,000, and 5% on everything above $1.5 million. Because the scale is marginal rather than a cliff edge, the 5% headline is not what you pay on the whole price. At the $2,100,000 entry level the duty is $74,600, an effective rate of about 3.6%. Only the slice above $1.5 million — $600,000 of it — is charged at 5%.
The duty is assessed on the purchase price or the market value, whichever is higher, and it is rounded down to the nearest dollar. It is payable to IRAS within 14 days of the document being executed.
ARC 380 sits on land zoned Commercial, and Seller’s Stamp Duty does not apply to commercially zoned strata offices and retail units. You can sell whenever it suits the business, at any point after completion, with no holding-period charge on exit. Additional Buyer’s Stamp Duty does not apply either — the calculator marks both as not applicable rather than omitting them, because both are costs a buyer will reasonably look for.
GST at 9% is charged where the seller is GST-registered, and is invoiced as each payment falls due rather than in a single lump at the end. It sits on top of the price and banks do not lend against it, so it has to be held as cash.
Whether it comes back to you as input tax turns on the buying entity. The general guideline is that an operating company, already GST-registered and carrying on taxable business activities, may claim it as it is incurred; a non-operating company — newly incorporated, or an investment-holding vehicle not yet trading — would not usually claim at that point, and claims may instead begin once taxable activities commence. These are guidelines only and every case is subject to the rules set by IRAS.
Figures are indicative and must be confirmed with IRAS before you commit. To see the duty alongside the loan, the deposit schedule and the monthly repayment, use the purchase calculator, or speak with our sales team about a specific unit.
Buyer’s Stamp Duty of $74,600, assessed on the price before GST. That is an effective rate of about 3.6%, because the scale is marginal — only the $600,000 above $1.5 million is charged at the 5% top rate.
No. Buyer’s Stamp Duty is assessed on the purchase price before GST, or on the market value if that is higher. The GST is a separate 9% charge payable to a GST-registered seller, and it does not increase the duty.
No. ARC 380 is zoned commercial, and Seller’s Stamp Duty does not apply to commercially zoned offices and retail units. There is no minimum holding period and no charge on exit, however soon you sell.