ABSD Stamp Duty Calculator and Guide: 2026 Rates for Singapore Buyers
The ABSD Stamp Duty Calculator and Guide for 2026 enables precise computation of Additional Buyer's Stamp Duty (ABSD) and Buyer's Stamp Duty (BSD) using official IRAS rates. ABSD rates climb to 60% for foreigners on first properties, making accurate calculations essential for budgeting.[1][2] Homejourney verifies all rates from IRAS sources, prioritizing user safety and transparency in property decisions.
This cluster article supports our pillar on foreigner PR citizen comparison in Singapore property buying. Use it alongside Foreigner vs PR vs Citizen: Singapore Property Buying Guide for full property buying comparison.[1][2]
Understanding BSD and ABSD: Key Differences
Buyer's Stamp Duty (BSD) applies to all buyers on a tiered basis, while ABSD targets additional residential properties based on buyer status like ABSD different status for citizens, PRs, or foreigners.[1][3] BSD tiers for 2026: 1% on first S$180,000, 2% on next S$180,000, 3% on next S$640,000, 4% on next S$500,000, 5% on next S$1.5M, 6% above S$3M.[2][3]
ABSD is flat on the full purchase price or market value (higher). Quick BSD formula for properties under S$1M: (0.03 × value) – S$5,400.[1][2] Homejourney's tools help you input details for instant totals, ensuring trusted calculations.
2026 ABSD Rates: Ownership Comparison Table
Compare rates across profiles for ownership comparison:
| Buyer Type | First Property | Second Property | Third+ |
|---|---|---|---|
| Singapore Citizen | 0% | 17% | 25% |
| SPR | 5% | 25% | 30% |
| Foreigner | 60% | 65% | 65% |
Source: IRAS 2026 rates verified by Homejourney.[1][2] EU citizens from non-EFTA countries (e.g., Germany, France) follow foreigner rates.[1]
Step-by-Step ABSD Stamp Duty Calculator Guide
Follow these actionable steps for any property:
- Determine Property Value: Use higher of purchase price or valuation from Homejourney's projects directory.[1]
- Calculate BSD: Apply tiers. Example 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 (remainder to S$2M) = S$25,000. Total BSD ~S$69,600.[2][3]
- Apply ABSD: Value × your rate. Foreigner S$2M: S$1.2M (60%).[1][2]
- Total Duty: BSD + ABSD. Pay within 14 days of Option to Purchase (OTP) via IRAS e-Stamping.[1]
- Verify: Cross-check on IRAS mytax.iras.gov.sg or Homejourney tools.[4]
Pro Tip: Factor duties into budgets early using Homejourney's property search to filter affordable options.[1]
Practical Examples: Real Singapore Scenarios
Example 1: First-Time Citizen HDB Resale (S$800K Tampines): BSD: S$18,600 (1% S$1,800 + 2% S$3,600 + 3% S$13,200). ABSD 0%. Total: S$18,600. Pay with CPF.[1][3] Insider tip: Tampines MRT (Exit A, 5-min walk) resale flats often undervalued—check Homejourney for verified listings.
Example 2: SPR Second Property (S$900K): BSD ~S$30,600 + ABSD S$225,000 (25%). Total: S$255,600.[1][2]
Example 3: Foreigner First Condo (S$1.5M Orchard District 9): BSD ~S$55,600 + ABSD S$900,000 (60%). Total ~S$955,600. See Types of Properties Foreigners Can Buy.[1][2] Orchard MRT (3-min walk) condos like this demand high ABSD—budget extra cash.
Example 4: Citizen Upgrading (S$1.5M Second Condo): BSD ~S$55,600 + ABSD S$255,000 (17%). Total S$310,600.[1] Time sale of old HDB before new OTP to reset to 0%.[1]
Common Mistakes and How Homejourney Helps Avoid Them
- Misjudging Profile: Forgetting joint ownership counts as one profile—verify ABSD different status with IRAS.[1] Homejourney clarifies in buyer guides.
- Timing Errors: Citizens miss selling first property before completion, triggering 17% ABSD. Plan 3-6 months ahead.[1]
- Hidden Costs: Ignore valuation gaps; use Homejourney projects for accurate comps.[1]
- Payment Delays: 14-day deadline—set reminders via Homejourney account for safety.[1]
Disclaimer: This guide uses 2026 IRAS rates; consult professionals for personalized advice. Homejourney verifies data but is not financial advice.[1][2]
Financial Tips: CPF, Loans, and Next Steps
Use CPF for stamp duties on first HDB (citizens/PRs). Foreigners need cash or bank loans—check mortgage rates on Homejourney.[1] Post-purchase, maintain with aircon services.[1]
Actionable Framework: 1) Assess status and count properties. 2) Calculate via steps. 3) Budget 65%+ for foreigners. 4) Search on Homejourney. 5) Engage lawyer.[1][2]
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]
How to calculate total stamp duty for S$1.5M condo as foreigner?
BSD ~S$55,600 + ABSD S$900,000 (60%) = ~S$955,600.[1][3]
Can citizens avoid 17% ABSD on second property?
Yes, sell first property before new OTP completion. Timing critical—verify IRAS.[1][2]
Does joint purchase change ABSD different status?
Based on collective profile; e.g., citizen + foreigner = foreigner rates.[1]
Where to pay ABSD Stamp Duty?
IRAS e-Stamping within 14 days of OTP. Use Homejourney for estimates first.[1]
Ready to buy safely? Start with Homejourney's property search and ABSD Stamp Duty Calculator and Guide tools. Link back to our pillar for full foreigner PR citizen comparison. Your trusted partner for transparent Singapore property journeys.
