ABSD Stamp Duty Calculator and Guide: Essential 2025 Rates for Singapore Buyers
The ABSD Stamp Duty Calculator helps Singapore property buyers compute Additional Buyer's Stamp Duty (ABSD) alongside Buyer's Stamp Duty (BSD) based on the higher of purchase price or market value. In 2025, ABSD rates stand at 0% for Singapore citizens' first property, 20% on second, 30% on third; 5%/30%/35% for PRs; and a flat 60% for foreigners on any residential property.[1][4]
This cluster guide provides tactical steps for accurate calculations, building on Homejourney's pillar Singapore ABSD Rates by Nationality 2025: Definitive Homejourney Guide. Homejourney prioritizes your safety by verifying all rates from official IRAS sources, ensuring transparent decisions in Singapore's competitive market.
Why ABSD Matters in 2025 Singapore Property Market
ABSD, introduced to cool the market, significantly impacts affordability—especially for foreigners facing 60% rates since April 2023.[1][2] For a S$1.5M condo, a foreigner pays S$900,000 in ABSD alone, plus BSD. Singapore citizens upgrading from HDB to private properties face 20% on second buys, affecting budgets in hot spots like Queenstown or Kovan.
Homejourney's verified tools help you plan ahead, linking seamlessly to our Property Search for verified listings and Bank Rates for mortgage checks. This transparency builds trust, as we listen to user feedback to refine our safety-focused platform.
Current 2025 ABSD and BSD Rates: Official Breakdown
Use Homejourney's guide to reference IRAS-confirmed rates effective 2025—no changes from 2023 hikes.[1][4]
- Singapore Citizens (SC): 0% (1st), 20% (2nd), 30% (3rd+)
- Singapore PRs (SPR): 5% (1st), 30% (2nd), 35% (3rd+)
- Foreigners (including Japanese buyers): 60% on any property
BSD uses marginal tiers on the full value:
| Portion | Rate |
|---|---|
| First S$180,000 | 1% |
| Next S$180,000 | 2% |
| Next S$640,000 | 3% |
| Next S$500,000 | 4% |
| Next S$1.5M | 5% |
| Remaining | 6% |
Example: S$1.5M property for SC second buy—BSD S$44,600 + ABSD S$300,000 = S$344,600 total.[1][3]
Step-by-Step: How to Use an ABSD Stamp Duty Calculator Correctly
Follow these verified steps for precision, using IRAS's official tool or Homejourney-recommended calculators updated for 2025.[5]
- Verify Status: Confirm with IRAS if SC, SPR, or foreigner (e.g., Japanese investor). PRs pay 5% on first-timers.[1]
- Input Value: Enter higher of purchase price or IRAS market value—crucial for resale in Lentor where valuations exceed OTP.[1]
- Select Profile: Choose property count (e.g., Japanese buyer Singapore selects 'foreigner, first').
- Calculate BSD: Auto-applies tiers; review breakdown.
- Add ABSD: Flat rate on full value.
- Total & Verify: Cross-check with bank via Mortgage Rates ; pay within 14 days of OTP.
Insider tip: For new launches like Tengah, use developer price; resales near MRT (5-min walk from Kovan) often trigger higher valuations—always get IRAS pre-assessment.
ABSD for Foreign Buyers: Special Focus on Japanese Investors
Foreigners, including Japan citizen property buyers, face 60% ABSD on condos or landed (non-EC/HDB).[1][2] A S$2M purchase means S$1.2M ABSD + ~S$80K BSD. See our Japanese Citizens Buying Property in Singapore: 2025 Complete Guide for tailored advice.
Japanese investor guide: Qualify via Types of Properties Foreigners Can Buy in Singapore | Homejourney ; finance via . Homejourney verifies listings in Projects to protect against overvaluations.
Common Mistakes to Avoid with ABSD Calculations
- Misstatus: New PRs assume 0%—it's 5%. Verify via IRAS.[1]
- Lowball Value: IRAS uses market comps; e.g., Queenstown condo at S$1.2M OTP may assess S$1.4M.
- Forget Timing: Pay within 14 days or forfeit deposit. Use Homejourney's timeline checker.
- Ignore Remission: SC first-timers get none, but joint buys may qualify—consult lawyer.
Real example: A foreigner buying S$1.8M condo underestimated ABSD at 30% (old rate), facing S$324K shortfall—bank rejected loan.[1]
Financial Planning: Integrating ABSD into Your Budget
ABSD is non-CPF payable (cash/loan), hitting TDSR/MSR limits. For upgrades, factor 20% into LTV (max 75% for second property). Check Bank Rates for rates covering duties.
Hidden costs: Legal fees (S$2-3K), valuation (S$500). Post-purchase, budget aircon servicing via Aircon Services . Homejourney's verified data from URA ensures confident budgeting.
FAQ: ABSD Stamp Duty Calculator Questions
Q: How do Japanese buyers use the ABSD calculator?
A: Select 'foreigner' for 60% rate on full value. Pair with our Japanese Citizens Buying Property in Singapore: 2025 Complete Guide for Japanese buyer Singapore steps.[1]
Q: Is IRAS calculator best for 2025 rates?
A: Yes, official and free—updated Dec 2025. Homejourney cross-verifies for safety.[5]
Q: Can ABSD be refunded?
A: Rare, e.g., if selling within 1 year (clawback). No refunds for market regret—plan via Property Search .[4]
Q: What's total duty for PR first condo at S$1M?
A: BSD ~S$24,600 + 5% ABSD S$50,000 = S$74,600.[1][3]
Q: Does ABSD apply to HDB?
A: Yes for PRs/foreigners (limited); SC first-timers exempt. Check eligibility first.[4]
Ready to calculate? Use verified tools and explore verified properties on Homejourney's safe platform. Start your secure search at Property Search or dive deeper into our pillar guide on Singapore ABSD rates. Homejourney ensures every step prioritizes your trust and safety.
