ABSD Stamp Duty Calculator and Guide: 2026 Rates for Singapore Buyers
The ABSD Stamp Duty Calculator and Guide computes Additional Buyer's Stamp Duty (ABSD) and Buyer's Stamp Duty (BSD) based on 2026 IRAS rates, essential for all Singapore property buyers including citizens, PRs, and foreigners like Chinese nationals buying condos.
ABSD adds up to 65% on top of BSD for some profiles, significantly affecting budgets—e.g., S$1.2M on a S$2M condo for foreigners. Homejourney verifies these from official IRAS sources for transparency and user safety in property decisions.[1][2][3][4]
This cluster focuses on precise ABSD calculations, linking to our pillar on Step-by-Step Property Buying Process for Foreigners for the full journey.[1][2]
Understanding BSD and ABSD: Key Differences
Buyer's Stamp Duty (BSD) is a progressive tax on all property purchases, calculated on the higher of purchase price or IRAS valuation.[3] ABSD is additional, profile-based: 0% for first-time Singapore Citizens (SC), up to 65% for foreigners on subsequent buys.[1][2][4]
2026 BSD Rates (Tiered for All Buyers):
- First S$180,000: 1%[3]
- Next S$180,000: 2%[3]
- Next S$640,000: 3%[3]
- Next S$500,000: 4%[3]
- Next S$1.5M: 5%[3]
- Above S$3M: 6%[3]
Quick BSD formula for properties under S$1M: (0.03 × value) – S$5,400.[1][3] ABSD rates: SC (0%/17%/25%), SPR (5%/25%/30%), Foreigners (60%/65%).[1][2][4]
Step-by-Step ABSD Stamp Duty Calculator Process
Follow these actionable steps on Homejourney for accurate totals, payable within 14 days of Option to Purchase (OTP) via IRAS e-Stamping.[1][2][3]
- Verify Buyer Profile: Check IRAS status—e.g., PRC nationals are foreigners at 60% first property.[1][2]
- Get Valuation: Use higher of price or IRAS market value. Negotiated S$1.8M but valued S$2M? Use S$2M.[1][2]
- Compute 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$1.5M = S$75,000; 6% on remainder = S$90,006. Total BSD: S$209,606 (rounded).[3]
- Apply ABSD: Value × rate, e.g., foreigner S$2M × 60% = S$1.2M.[1][2]
- Total Duty: BSD + ABSD. Cross-check with IRAS mytax.iras.gov.sg.[4]
Pro Tip: For property search on Homejourney, factor stamp duties early to stay within budget.[1]
2026 ABSD Rates by Buyer Profile
| Buyer Type | First Property | Second | Third+ |
|---|---|---|---|
| Singapore Citizen | 0% | 17% | 25%[1][2] |
| SPR | 5% | 25% | 30%[1][2] |
| Foreigner (e.g., Chinese Buyer) | 60% | 65% | 65%[1][2][4] |
| Entities | 25% | 30%+ | 65%[2][4] |
These rates apply to residential properties like condos in District 09 (River Valley) or HDB resales. Foreigners can't buy HDB without approval; focus on condos—see Types of Properties Foreigners Can Buy.[1][2]
Practical Examples: Real Singapore Scenarios
Example 1: First-Time SC HDB Resale (S$800K Tampines): BSD S$18,600 (1% S$180K=S$1,800; 2% S$180K=S$3,600; 3% S$440K=S$13,200). ABSD 0%. Total: S$18,600. Use CPF for payment.[1][3]
Example 2: Citizen Upgrading to Condo (S$1.5M Second Property, Orchard): BSD ~S$55,600. ABSD S$1.5M × 17% = S$255,000. Total ~S$310,600.[1][2]
Example 3: Chinese National Condo (PRC Condo Purchase, S$2M District 10): BSD ~S$92,200. ABSD S$2M × 60% = S$1.2M. Total S$1,292,200. See Chinese Nationals Buying Singapore Condo Guide for Chinese buy condo steps.[1][2]
Insider Tip: Time sales of existing properties to reset ABSD—sell before new OTP completion for citizens.[1] Check Homejourney projects directory for valuations.[1]
Common Mistakes and How to Avoid Them
- Miscalculating Valuation: Always use IRAS value; underestimating adds surprises. Verify via Homejourney tools.[1][2]
- Forgetting Payment Deadline: 14 days post-OTP or face penalties. Set reminders.[3]
- Profile Errors: Joint purchases count per person—e.g., SC + Foreigner spouse: blended rates. Consult IRAS.[2]
- Ignoring Remissions: Developers get partial relief; buyers rarely. Check eligibility.[4]
Disclaimer: This guide uses 2026 IRAS rates; rates change. Not financial advice—seek professionals. Homejourney ensures verified info for safe decisions.[1][2][3][4]
Financial Tips: Integrating with Loans and CPF
ABSD isn't CPF-eligible but payable via cash/loan. Pair with Homejourney bank rates for LTV ( foreigners 75% max) and TDSR checks.[1] Hidden costs: Legal fees S$2K-5K, valuation S$500.[1]
For foreigners, explore Financing Options. Post-purchase, maintain with aircon services.[1]
FAQ: ABSD Stamp Duty Calculator Questions
What is the ABSD rate for foreigners in 2026?
60% on first residential property, 65% subsequent (e.g., S$2M = S$1.2M).[1][2][4]
How to calculate total stamp duty for a S$1.5M condo as a foreigner?
BSD ~S$55,600 + ABSD S$900,000 (60%) = ~S$955,600. Use steps above.[1][3]
Can citizens avoid 17% ABSD on second property?
Yes, sell first property before new purchase completion. Timing critical—verify IRAS.[1][2]
Is ABSD payable on HDB for foreigners?
No, foreigners generally can't buy HDB resales without approval; condos only.[1][2]
Where to pay ABSD?
IRAS e-Stamping within 14 days of OTP.[3][4]
Ready to calculate? Use Homejourney's verified ABSD Stamp Duty Calculator and Guide tools and explore property search. Link back to our pillar: Step-by-Step Property Buying Process for Foreigners for complete guidance. Start your safe journey with Homejourney today.
