Calculator · IRAS and MAS rules
One Chuan Grove Upgrader Calculator
Put in a price and your situation. This works out the stamp duty, the minimum cash on booking and the most a bank can lend, using today's IRAS and MAS rules.
How it's worked out
- Buyer's Stamp Duty: 1% on the first $180,000, 2% on the next $180,000, 3% on the next $640,000, 4% on the next $500,000, 5% on the next $1.5 million and 6% on the rest. IRAS: Stamp duty rates
- ABSD: Singapore Citizens 0% on a first home, 20% on a second, 30% on a third; PRs 5%, 30%, 35%; foreigners 60%. IRAS: Additional Buyer's Stamp Duty
- Loan limit: 75% with no other housing loan (at least 5% in cash), 45% with one, 35% with two or more (at least 25% in cash for both). Each limit drops by 20 points if the tenure is over 30 years or runs past age 65. MAS: Loan tenure and loan-to-value limits
- Married couples upgrading: if at least one spouse is a Singapore Citizen and you buy together, you pay the 20% ABSD first and can get it refunded if you sell your first home within 6 months. For a new launch, the 6 months is counted from the earlier of TOP or CSC of the new home. Check the conditions on IRAS before relying on this.
Not included: the bank's Total Debt Servicing Ratio test (your monthly debts can't exceed 55% of income), legal fees, and the progressive payments after the first 5%. Those depend on your income and loan, so I'll go through them with you.
Get a Proper Cash and Loan Check
Free. Leave your name and WhatsApp number and I'll send you:
- The floor plans, site plan and price list as soon as the developer releases them
- Recent prices at Chuan Park and other condos near Lorong Chuan, so you can judge the launch price
- A cash and loan check for the unit type you want
- Priority to book a preview slot from 13 Feb 2027
Prefer WhatsApp? Message me directly or call +65 9005 8372.
Written by Velisa Leong
ERA Division Director, CEA R053331B. I help families upgrade from HDB and resale condos. I'd rather show you the numbers than give you a sales pitch, so this guide lists what's known, what isn't yet, and where each fact comes from. More about me.
ERA Division Director, CEA R053331B. I help families upgrade from HDB and resale condos. I'd rather show you the numbers than give you a sales pitch, so this guide lists what's known, what isn't yet, and where each fact comes from. More about me.