Loading…
The whole RES syllabus on one page — every rate and rule: stamp duties, financing, HDB, Paper 1 law, CEA rules, transactions, leasing, formulas and exam-day tips. Figures are current as at 2026 — rates change with policy, so confirm against IRAS, HDB, CPF, CEA and MAS before relying on them in practice.
Know the numbers? Now test yourself.
The RES exam rewards applying these rates under time pressure — not just memorising them. See where you stand.
| Portion of price / value | Residential | Non-residential |
|---|---|---|
| First $180,000 | 1% | 1% |
| Next $180,000 (to $360k) | 2% | 2% |
| Next $640,000 (to $1M) | 3% | 3% |
| Next $500,000 (to $1.5M) | 4% | 4% |
| Next $1,500,000 (to $3M) | 5% | 5% |
| Amount above $3,000,000 | 6% | 5% |
Quick checkpoints: $24,600 at $1M · $44,600 at $1.5M · $119,600 at $3M. Pay within 14 days (30 if signed overseas).
| Buyer profile | 1st property | 2nd | 3rd & subsequent |
|---|---|---|---|
| Singapore Citizen (SC) | 0% | 20% | 30% |
| Singapore PR (SPR) | 5% | 30% | 35% |
| Foreigner | 60% | 60% | 60% |
| Entity / Trust | 65% | 65% | 65% |
| Housing developer | 35% + 5%* | — | — |
*35% remittable if sold within the project timeline, plus 5% non-remittable. Residential only. FTA nationals (US, Iceland, Liechtenstein, Norway, Switzerland) are treated as SC. Married-couple ABSD refund if the first home is sold within 6 months of buying the second.
| Sold within | Bought on/after 4 Jul 2025 | Bought 11 Mar 2017 – 3 Jul 2025 |
|---|---|---|
| ≤ 1 year | 16% | 12% |
| > 1 to ≤ 2 years | 12% | 8% |
| > 2 to ≤ 3 years | 8% | 4% |
| > 3 to ≤ 4 years | 4% | 0% |
| More than 4 years | 0% | 0% |
Paid by the seller, even at a loss, on the higher of price or value, within 14 days. Industrial SSD is a separate 3-year regime (15/10/5%). Commercial property has no SSD.
| Housing loan | Max LTV | Min cash downpayment |
|---|---|---|
| 1st loan | 75% | 5% |
| 2nd loan | 45% | 25% |
| 3rd & subsequent | 35% | 25% |
| HDB concessionary loan | 75% | 0% (CPF/cash) |
LTV falls to 55% (1st loan) if the tenure exceeds 30 years (25 for HDB) or extends past age 65. Banks stress-test at a 4% floor (5% non-residential). HDB loan LTV was cut from 80% to 75% on 20 Aug 2024.
| Ratio | Cap | Applies to |
|---|---|---|
| TDSR | 55% | All property · all debts |
| MSR | 30% | HDB & EC-from-developer · housing loan only |
For HDB/EC both apply and the lower cap governs (MSR usually bites first).
| Property | Tax rate |
|---|---|
| Owner-occupied home | 0% (first $12k AV) → up to 32% |
| Non-owner-occupied (rented) | 12% → up to 36% |
| Commercial / industrial | 10% flat |
Progressive on the property's Annual Value (AV). 2026 one-off rebate: 15% (owner-occ HDB), 10% (owner-occ private) — both capped $500.
| Grant | Amount | Income ceiling |
|---|---|---|
| Enhanced CPF Housing Grant (EHG) — families | up to $120,000 | $9,000/mth |
| EHG — singles (35+) | up to $60,000 | $4,500/mth |
| CPF Housing (Family) Grant — resale | $80,000 (2–4rm) / $50,000 (5rm+) | $14,000 |
| Singles Grant — resale | up to $40,000 | $14,000 |
| Proximity Housing Grant (PHG) | $20,000 (within 4km) / $30,000 (same flat) | none |
| Step-Up Housing Grant | up to $15,000 | $7,000 |
Grants stack: a first-timer SC+SC couple buying resale near parents can combine EHG + Family + PHG = up to $230,000.
Can you apply the stamp-duty & financing rules? Drill exam-style questions on exactly these.
Drill these topics →Paper 1 is concepts, not numbers — know the distinctions cold.
The rules-heavy heart of Paper 2. Know who's licensed vs registered, and the conduct traps.
How private deals actually complete, and the money at each step.
The calculations Paper 2 tests (the rate tables above give the inputs).
Tenancy agreements, deposits and the clauses that get tested.
Format, pass mark, logistics and technique.
The RES exam tests whether you can apply these in scenarios. Practise real case studies that put the numbers to work.
Get each day's lesson free — one RES topic + the trap, every day on Telegram.
Join @resprepsg →Tip: print this page (Ctrl/Cmd + P) for a revision sheet. Verify all figures against current IRAS/HDB/CPF/MAS sources before relying on them.