Rates and rental basis
Average annual rent up to S$1,000 is exempt. Above this threshold, a lease of four years or less uses 0.4% of total rent; a longer or indefinite lease uses 0.4% of four times average annual rent. Include maintenance, service, furniture and promotional charges but exclude GST. Variable-turnover rent requires an estimate and special minimum or maximum secured-sum rules.
Changes and additional consideration
An increase in rent or extension attracts duty on the extra rent or extended period; a reduction or shortening does not. A premium is assessed at BSD rates in addition to rent duty where applicable. Paid novations, assignments and landlord-paid surrenders can attract BSD. A genuine licence may fall outside lease duty, but a licence connected with a lease can remain chargeable.
Official source
A concise, independent Apex Gateway guide based on the official English source, not a reproduction of the complete document. Consult the original for full conditions, exceptions and subsequent updates.
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