ABSD Stamp Duty Calculator and Guide: Essential 2025 Rates for Singapore Buyers
The ABSD Stamp Duty Calculator and Guide helps Singapore property buyers compute Additional Buyer's Stamp Duty (ABSD) alongside Buyer's Stamp Duty (BSD) based on 2025 rates from IRAS. This cluster article provides step-by-step calculations, trustworthy tools, and tips for foreigners planning to sell property foreigner or execute an exit strategy foreign owner, linking back to Homejourney's pillar: Singapore ABSD Rates by Nationality 2025: Definitive Homejourney Guide. Homejourney prioritizes your safety with verified data, ensuring transparent decisions in a trusted environment.[1][4]
Why ABSD Matters in 2025 Singapore Property Market
ABSD, introduced to cool the market, now hits foreigners at a flat 60% on any residential purchase, doubled from 30% since April 2023. For a S$1.5M condo in Lentor Central near Lentor MRT (Exit A, 5-min walk), this adds S$900,000 upfront. Singapore Citizens (SC) pay 0% on first properties, 20% on second, 30% on third+. Permanent Residents (SPR) face 5% first, 30% second, 35% third+. BSD applies to all on a tiered basis.[1][2][3]
Homejourney verifies these rates against IRAS guidelines, helping you avoid surprises during property resale foreign transactions. Current market context: With cooling measures intact into 2025, precise calculations are vital before exercising an Option to Purchase (OTP).[1][4]
2025 ABSD and BSD Rates: Official Breakdown
Use Homejourney's verified rates from IRAS (last updated Dec 2025). ABSD is a flat rate on the full purchase price or market value (higher one); BSD is marginal tiers.
ABSD Rates by Profile
- Singapore Citizens: 0% (1st), 20% (2nd), 30% (3rd+)
- SPR: 5% (1st), 30% (2nd), 35% (3rd+)
- Foreigners (including entities): 60% (any property)
BSD Marginal Rates (from 15 Feb 2023)
| Value Bracket | 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% |
Rates sourced from IRAS myTax Portal.[4][5]
Step-by-Step: How to Use an ABSD Stamp Duty Calculator
Follow these actionable steps for accurate results. Homejourney recommends the official IRAS Stamp Duty Calculator for trust and compliance.
- Verify Status: Confirm SC/SPR/foreigner via IRAS or passport. Foreigners see Step-by-Step Property Buying Process for Foreigners.
- Input Price: Use higher of purchase price or IRAS market value. Example: Resale condo at Queenstown MRT (Exit B, 3-min walk) listed S$1.2M but valued S$1.3M by IRAS – use S$1.3M.
- Calculate BSD: Tiered as above. For S$1.5M: 1% of 180k (S$1,800) + 2% of 180k (S$3,600) + 3% of 640k (S$19,200) + 4% of 500k (S$20,000) + 5% of 0 = S$44,600.[1][3][4]
- Add ABSD: SC second property: 20% of S$1.5M = S$300,000. Total: S$344,600. Payable within 14 days of OTP.
- Verify Total: Cross-check with bank rates for financing. Check projects directory for comps.
Insider tip: For new launches like Tengah Garden Vale, developers provide prelim calcs – always re-verify with IRAS tool.[1]
ABSD for Foreign Buyers: High Stakes and Exit Strategies
Foreigners pay 60% ABSD on selling as foreigner purchases, e.g., S$2M Orchard condo = S$1.2M duty. No remission unless selling within time limits (check Exit Strategy Guide for Foreign Property Owners). Pair with Types of Properties Foreigners Can Buy and Financing Options for Foreign Buyers.[1]
Post-purchase, plan maintenance via aircon services. For resale, factor ABSD into exit strategy foreign owner – sell before new hikes.
Common Mistakes and How Homejourney Helps Avoid Them
- Misclassifying Status: PRs forget 5% first-property hit. Verify via IRAS.
- Ignoring Market Value: IRAS ups duty if resale undervalued, e.g., Kovan shophouse.
- Outdated Calculators: Use IRAS or Homejourney-verified only – others lag 2025 rates.[1][5]
- No Financing Check: ABSD strains loans; use mortgage rates page.
Homejourney's transparency ensures safe calculations, listening to user feedback for updates.
Financial Breakdown and CPF Rules
Total costs: BSD + ABSD + legal fees (1-2%). HDB buyers: Extra rules, no ABSD on first but check MSR/TDSR. Foreigners can't use CPF for ABSD. Example: S$1M HDB resale – SC first: BSD S$24,600 only.[3][4]
Hidden costs: Late payment penalty 24% p.a. Pay on time via IRAS e-Stamping.
FAQ: ABSD Stamp Duty Calculator Questions
Q: Where's the best ABSD Stamp Duty Calculator?
A: Use IRAS official tool at mytax.iras.gov.sg for 2025 accuracy. Homejourney guides verification.[5]
Q: Do foreigners get ABSD remission on selling?
A: Yes, if first-timer and sell within 6 months, but 60% upfront. See exit strategy guide.[1]
Q: How does ABSD affect property resale foreign?
A: High duty deters flips; plan long-term hold or quick exit. Use property search for options.
Q: Current rates for Japanese citizens?
A: Same 60% as all foreigners. Details in Japanese Citizens Guide.
Q: Is this financial advice?
A: No – consult professionals. Homejourney provides verified info for safe decisions. Disclaimer: Rates per IRAS as of Dec 2025; seek lawyer for specifics.
Ready to calculate? Start with Homejourney's property search and pillar guide for full ABSD mastery. Trust Homejourney for secure Singapore property journeys.
