CHENCHARU CLOSE RESIDENCES
Stamp duty is a mandatory tax payable on the purchase of a residential property in Singapore, including units at Chencharu Close Residences. The amount is calculated based on the property price or market value, whichever is higher, and varies depending on the buyer's residency status and the number of properties owned. First-time Singaporean buyers enjoy the lowest rates, while additional buyer’s stamp duty (ABSD) applies to foreigners and those purchasing multiple properties. Understanding your stamp duty obligations is essential for budgeting and planning your property purchase effectively.
Buyer's Stamp Duty
Purchase Price or Market Value of the Property | BSD Rates for Residential Properties | BSD Rates for Non-Residential Properties |
First $180,000 | 1% | 1% |
Next $180,000 | 2% | 2% |
Next $640,000 | 3% | 3% |
Next $500,000 | 4% | 4% |
In excess of $1,500,000 | 5% | 5% |
In excess of $3,000,000 | 6% | 5% |
Additional Buyer's Stamp Duty
Nationality | 1st Property | 2nd Property | 3rd Property |
Singapore Citizens | N.A. | 20% | 30% |
Permanent Residents | 5% | 30% | 35% |
Foreigners | 60% | 60% | 60% |
Entities / Companies | 65% | 65% | 65% |
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1. First-Mover Advantage in a New Estate
Chencharu Close Residences is the first private residential project in the newly master-planned Chencharu estate, Yishun. Backed by URA’s long-term vision to bring in 10,000 new homes by 2040, early buyers stand to benefit from future growth, appreciation, and community transformation.
2. Walk to MRT & Enjoy Seamless Connectivity
Just an 8-minute ’walk to Khatib MRT (North–South Line), residents enjoy a direct train ride to Orchard, Marina Bay, and CBD. It’s also close to the future North–South Corridor, promising faster road access to town.
3. Integrated Lifestyle Living
This is more than just a condo, it’s a mixed-use development with:
Everything you need, right at your doorstep.
Chencharu Close Residences
Developer: TBC
Tenure: 99 Years Leasehold
Expected TOP: TBA
While reasonable care has been taken in the preparation of this website, the developer and its appointed agents do not guarantee the accuracy, completeness, or reliability of the information provided. To the fullest extent permitted by law, all content, statements, and representations should not be regarded as factual representations, offers, or warranties—whether express or implied—by the developer or its agents. They do not form any part of a contract for the sale of housing units. Visual elements, including images and drawings, are artist’s impressions and may not reflect actual appearances. The brand, color, and model of materials, fittings, finishes, equipment, and appliances are subject to selection by the developer’s architect, market availability, and the developer’s discretion. All information is accurate at the time of publication but may be amended as required by the authorities or the developer. Stated floor areas are approximate and subject to final survey.