If a property is transferred to another person as a gift and no consideration is paid to the owner or if the property to be given as a gift is to be distributed without a Will, Intestate Succession Act, or Muslim Law of Inheritance, current stamp duty rates are to be applied.

Ever since February 22, 2014, the first S$180,000 of the property’s market value is to be taxed at a stamp duty rate of 1%. The next S$180,000 of the property’s market value is taxed at 2%, and the remaining amount is subject to a stamp duty rate of 3%.