Stamp duty is payable on documents relating to leases of immovable properties in Singapore. The amount of stamp duty payable is based on the declared rental or the market rental, whichever is higher, at the lease duty rates.
Average Annual Rent (AAR)
Lease Duty Rates
AAR does not exceed $1,000
Exempted
AAR exceeds $1,000
Lease period of 4 years or less
0.4% of total rent for the period of the lease
Lease period of more than 4 years or for any indefinite term
0.4% of 4 times the AAR for the period of the lease