ABSD Stamp Duty Calculator and Guide: Essential for 2025 Singapore Buyers
The ABSD Stamp Duty Calculator computes Buyer's Stamp Duty (BSD) and Additional Buyer's Stamp Duty (ABSD) based on 2025 IRAS rates, helping buyers budget upfront costs accurately.[1][2][4]
For a S$1.5M condo, a first-time Singapore Citizen pays S$44,600 BSD with 0% ABSD, while a foreigner pays S$44,600 BSD plus S$900,000 ABSD (60%), totaling S$944,600.[1][2]
Homejourney provides this verified calculator to prioritize user safety and trust, ensuring transparent transactions in Singapore's property market.[1][2]
Why ABSD Matters in 2025 Singapore Property Market
ABSD discourages speculation and prioritizes owner-occupation, with rates unchanged since 27 April 2023 per IRAS and MOF.[1][2][4]
Foreigners face 60% ABSD on any residential property, making calculations critical for investors eyeing condos in areas like Lentor Central or Tengah EC resales.[1][2]
This cluster focuses on using the ABSD Stamp Duty Calculator tactically, linking to our pillar Singapore ABSD Rates by Nationality 2025: Definitive Homejourney Guide for comprehensive nationality breakdowns.[1]
Homejourney verifies all data against official sources, building trust through transparency.[1][2]
Current 2025 BSD and ABSD Rates
BSD applies to all buyers on the higher of purchase price or market value, using progressive slabs from 15 February 2023:[4]
- First S$180,000: 1%
- Next S$180,000: 2%
- Next S$640,000: 3%
- Next S$500,000: 4%
- Next S$1.5M (S$1.5M to S$3M): 5%
- Remaining (over S$3M): 6%
ABSD rates by buyer profile:[1][2]
- Singapore Citizens: 0% (first), 20% (second), 30% (third+)
- Singapore PRs: 5% (first), 30% (second), 35% (third+)
- Foreigners/Entities: 60% (any residential property)
Example for S$4M property: BSD = S$179,600; add ABSD based on profile (e.g., foreigner: +S$2.4M).[1][2][4]
BSD Calculation Table for Common Prices
| Property Price | BSD Amount |
|---|---|
| S$1M | S$31,200 |
| S$1.5M | S$44,600 |
| S$2M | S$64,600 |
| S$4M | S$179,600 |
Rates rounded down to nearest dollar; minimum S$1.[4]
Step-by-Step Guide to Using ABSD Stamp Duty Calculator
Follow these actionable steps on Homejourney's tool for precise results:[1][2]
- Confirm Buyer Profile: Check IRAS residency status and count existing residential properties worldwide (e.g., overseas home counts for citizens).[1]
- Input Price: Use higher of purchase price or IRAS market value; for new launches like Lentor Central, use developer price.[1][2]
- Select Profile & Properties: Choose SC/PR/foreigner and number of properties owned.[1]
- Calculate: Tool outputs separate BSD and ABSD; total payable within 14 days of Option to Purchase (OTP).[1][5]
- Review & Pay: Use IRAS e-Stamping; check financing via Bank Rates or Mortgage Rates .[1][2]
Insider tip: For Tengah EC resales, request early IRAS valuation to avoid surprises.[1]
Practical Examples for Different Buyers
Singapore Citizen Upgrading: S$2M resale flat, second property: BSD S$64,600 + 20% ABSD (S$400,000) = S$464,600.[1][2]
Foreigner Investor: S$1.5M condo: BSD S$44,600 + 60% ABSD (S$900,000) = S$944,600. See related ABSD for Taiwanese Citizens: 60% Stamp Duty Guide | Homejourney for Taiwanese specifics.[1][2]
PR First Property: S$1M HDB: BSD S$31,200 + 5% ABSD (S$50,000) = S$81,200.[1]
Use Homejourney's Projects or Projects Directory for market data on projects like these.[1]
Common Mistakes and How to Avoid Them
- Mis counting properties: Global ownership counts; declare accurately to avoid penalties.[1]
- Ignoring market value: IRAS may assess higher than purchase price for resales.[4]
- Missing deadlines: Pay within 14 days of OTP or face interest.[1][5]
- Forgetting joint purchases: Each buyer's profile applies individually.[2]
Red flag: Unrealistic low ABSD quotes – always verify with official tools. Homejourney ensures accuracy for safe decisions.[1]
Financial Considerations and Next Steps
ABSD impacts Total Debt Servicing Ratio (TDSR) and Loan-to-Value (LTV); foreigners limited to 50% LTV.[1]
Hidden costs: Legal fees, valuation. Use CPF for BSD/ABSD if eligible, but not for foreigners.[2]
Action items:
- Calculate via Homejourney's ABSD Stamp Duty Calculator.
- Search properties on Property Search or Property Search .
- Explore financing on Bank Rates .
- For foreigners, read and Financing Options for Foreign Buyers in Singapore | Homejourney Guide .
- Post-purchase, check Aircon Services for maintenance.
Disclaimer: This is general guidance; consult professionals for personalized advice. Rates per IRAS as of 2025.[1][4]
FAQ: ABSD Stamp Duty Calculator Questions
What is the Taiwanese ABSD rate in Singapore? Taiwanese citizens (ROC buyers) pay 60% ABSD as foreigners. Use our calculator for precise totals.[1][2]
How does Taiwan stamp duty Singapore affect calculations? No direct impact; Singapore ABSD applies uniformly at 60% for Taiwanese buyers.[1]
When must I pay ABSD? Within 14 days of OTP via IRAS e-Stamping.[1][5]
Can foreigners use CPF for ABSD? No, cash only.[2]
Is there ABSD remission for first-timers? Possible for citizens/PRs meeting conditions; check IRAS.[1]
Master your purchase with Homejourney's ABSD Stamp Duty Calculator and Guide. Start calculating today for confident, safe decisions – link back to our pillar for full ABSD strategies.
