ABSD Singapore 2026: Complete Rates, Calculator & Guide | Homejourney
This definitive guide to ABSD Singapore, additional buyer stamp duty, ABSD rates, and stamp duty in 2026 equips first-time buyers, upgraders, investors, and foreigners with everything needed to navigate Singapore's property taxes confidently. Homejourney verifies all rates from official IRAS sources, prioritizing user safety, transparency, and trust in every transaction.[1][2][3]
Why does this matter now? With ABSD rates hitting 60% for foreigners on first properties and 65% for entities, accurate calculations prevent costly surprises. Homejourney's tools, like our ABSD Stamp Duty Calculator, simplify budgeting while our Property Search ">property search helps find options within your limits.[1][2]
Table of Contents
- What is ABSD and BSD?
- ABSD Rates Table 2026
- BSD Rates Breakdown
- Step-by-Step ABSD Calculator Guide
- ABSD by Buyer Profile: Citizens, PRs, Foreigners
- Real Singapore Examples
- Exemptions, Remissions & Strategies
- Payment Timeline & Process
- Using CPF for Stamp Duties
- 8 Common Mistakes to Avoid
- Financial Impact & Budgeting Tips
- 2026 Market Context
- Frequently Asked Questions
- Next Steps with Homejourney
What is ABSD and BSD in Singapore?
Additional Buyer's Stamp Duty (ABSD) is a tax on top of Buyer's Stamp Duty (BSD) for residential property purchases, targeting multiple property ownership and foreign buyers to cool the market. Introduced in 2011, ABSD rates have escalated, reaching 60% for foreigners in 2026.[1][2][3]
BSD applies to all buyers on a tiered basis based on property value. Both are computed on the higher of purchase price or market valuation. Homejourney's verified guide ensures you understand these before signing any Option to Purchase (OTP).[1][3]
Key difference: BSD is progressive (1-6%); ABSD is flat per buyer profile and property number. Total stamp duty can exceed 70% for high-value foreigner buys, making pre-calculation essential.[2]
ABSD Rates Table: 2026 Official Rates
Use this Homejourney-verified table for quick reference. Rates per IRAS 2026 guidelines.[1][2][3]
| Buyer Type | 1st Property | 2nd Property | 3rd+ Property |
|---|---|---|---|
| Singapore Citizen | 0% | 17% | 25% |
| Singapore PR | 5% | 25% | 30% |
| Foreigner (Non-EFTA) | 60% | 65% | 65% |
| Entities/Trusts | 65% | 65% | 65% |
| Housing Developers: 40% (35% remissible + 5% non-remissible). EFTA citizens (e.g., Iceland, Liechtenstein) qualify for lower rates.[3] | |||
BSD Rates Table 2026: Tiered Structure
BSD applies to all residential purchases. Quick formula for under S$1M: (0.03 × value) – S$5,400.[1][2][4]
| Purchase Price / Value | BSD Rate (Residential) |
|---|---|
| First S$180,000 | 1% |
| Next S$180,000 | 2% |
| Next S$640,000 | 3% |
| Next S$500,000 | 4% |
| Next S$1,500,000 | 5% |
| Remaining (above S$3M) | 6% |
Step-by-Step ABSD Stamp Duty Calculator Guide
- Determine Value: Use higher of purchase price or valuation from Projects ">Homejourney projects directory.[1]
- Calculate BSD: Apply tiers. For S$2M: 1% on S$180K = S$1,800; 2% on S$180K = S$3,600; 3% on S$640K = S$19,200; 4% on S$500K = S$20,000; 5% on S$500K = S$25,000. Total BSD: S$69,600.[1][2]
- Apply ABSD: Value × rate. Foreigner: 60% × S$2M = S$1.2M.[1][2]
- Total Duty: BSD + ABSD = S$1,269,600. Pay within 14 days of OTP via IRAS e-Stamping.[1][3]
- Verify: IRAS mytax.iras.gov.sg or Homejourney calculator.[1]
Pro Tip: For HDB resale like S$800K Tampines flat (5-min walk from Tampines MRT Exit A), BSD ~S$18,600; first-time citizen ABSD 0%.[2]
ABSD by Buyer Profile
Singapore Citizens
0% on first; 17% second (waivable by selling first property before new OTP completion); 25% third+.[1][2] Insider tip: Time sales precisely—IRAS counts ownership at OTP date.[1]
Singapore PRs
5% first; 25% second; 30% third+. Joint buys with citizens may qualify for lower rates.[3]
Foreigners & Entities
60% first (non-EFTA), 65% subsequent/entities. EFTA (Norway, Switzerland etc.) get citizen-like rates under FTA.[3] Developers face 40%.[3]
Real Singapore Examples: ABSD Calculations
Example 1: First-Time Citizen HDB Resale S$800K Tampines (near MRT Exit A). BSD: S$18,600. ABSD: 0%. Total: S$18,600. Affordable entry via Property Search ">Homejourney property search.[2]
Example 2: Foreigner Condo S$2M Orchard (walk to Somerset MRT). BSD: S$69,600. ABSD: S$1.2M (60%). Total: S$1,269,600. Budget impact huge—use Homejourney tools early.[1][2]
Example 3: PR Upgrading to S$1.5M Punggol EC (Punggol MRT 10-min walk). BSD: S$55,600. ABSD: S$75,000 (5% first). Total: S$130,600.[1]
ABSD Exemptions, Remissions & Strategies
- Citizen Decoupling: Parents sell share before child's OTP for 0% child rate.[1]
- Developer Remission: 35% remissible for small projects (≤4 units).[3]
- Joint Ventures: Structure with locals to access lower rates—consult professionals.[3]
- Sell First: Citizens avoid 17% by divesting before new buy.[1][2]
Read more in ABSD vs Own Stay: Investment Tax Rates Explained | Homejourney ">ABSD vs Own Stay.[1]
Payment Timeline & Process
Pay within 14 days of OTP via IRAS e-Stamping. Late: 300% penalty. Use GIRO, cheque, or CPF (eligible cases). Verify documents: NRIC/passport, OTP, valuation.[1][3]
Homejourney tip: Submit early to avoid delays in resale HDB near MRTs like Bedok (Exit B, 3-min walk).[2]
Using CPF for Stamp Duties
Singapore Citizens/PRs can use CPF Ordinary Account for BSD/ABSD on first/second properties, subject to Available Balance rules. Not for foreigners. Check via CPF portal.[1][2]
8 Common ABSD Mistakes to Avoid
- Forgetting joint ownership counts as one profile.[1]
- Missing sell-first window for 17% waiver.[2]
- Using purchase price only—always higher of price/valuation.[1][3]
- Ignoring entity rates (65%) for companies.[3]
- Late payment penalties (300%).[3]
- Assuming PR rates permanent—citizenship changes profile.[1]
- Not factoring into LTV/TDSR via Bank Rates ">bank rates.[1]
- Overlooking HDB vs private distinctions.[2]
Financial Impact & Budgeting Tips
For S$2M foreigner buy: ~65% total duty (BSD+ABSD). Budget 70% extra. Pair with financing insights from ABSD Stamp Duty Complete: Financing & Loan Options | Homejourney ">ABSD Financing Guide and Mortgage Rates ">mortgage rates.[1][2]
Original Insight: In cooling market, ABSD pushes investors to Projects ">projects directory for value plays like Punggol (prices up 5% YoY).[1]
2026 Singapore Property Market Context
ABSD stabilizes prices; resale volumes steady, luxury cools. Foreigners focus ECs/landed. Homejourney analyzes trends via ABSD Stamp Duty Complete: Price Trends & Market Analysis | Homejourney ">Price Trends Guide.[1][2]
Frequently Asked Questions: ABSD Singapore 2026
What are the ABSD rates for foreigners in 2026?
60% on first residential property, 65% on subsequent. Verified by IRAS.[1][3]
How to calculate stamp duty for S$1.5M condo as first-time citizen?
BSD ~S$55,600 + ABSD 0% = S$55,600.[1][2]
Can I avoid ABSD on second property?
Yes, sell first before new OTP completion.[1][2]
Is CPF usable for ABSD?
Yes, for eligible Citizens/PRs on early properties.[2]
When is stamp duty payable?
Do HDB flats have different ABSD?
Same rates; eligibility rules apply.[2]
What if I'm joint buyer?
ABSD based on worst profile, apportioned.[3]
Where to check official rates?
IRAS.gov.sg or Homejourney calculator.[1]
Next Steps: Start Your Safe Journey with Homejourney
1. Calculate via our ABSD tool.
2. Explore Property Search ">property search for budget fits.
3. Check Bank Rates ">mortgage rates and processes in ABSD Stamp Duty Complete: Buying Process Guide | Homejourney ">Buying Guide.
4. Plan maintenance with Aircon Services ">aircon services.
Homejourney ensures verified data, transparency, and support for confident decisions.
Disclaimer: This guide is informational. Consult professionals for advice. Rates per IRAS Feb 2026; subject to change.[1][3]
