ABSD Stamp Duty Calculator and Guide: 2026 Singapore Rates
The ABSD Stamp Duty Calculator and Guide for 2026 helps property buyers in Singapore compute Additional Buyer's Stamp Duty (ABSD) and Buyer's Stamp Duty (BSD) accurately using official IRAS rates. ABSD rates reach up to 60% for foreigners on their first residential property, making precise calculations essential for budgeting. Homejourney verifies all rates from IRAS sources to ensure transparency and user safety in every transaction.
This cluster article dives deep into the ABSD Stamp Duty Calculator and Guide, building on our pillar content for Singapore property buying. It provides tactical steps, real examples, and insider tips for first-time buyers, upgraders, investors, and foreigners—including special notes on Norway ABSD exemption for EFTA citizens. Use Homejourney's verified tools to avoid costly errors and make confident decisions.
Understanding BSD and ABSD: Key Differences
Buyer's Stamp Duty (BSD) applies to all buyers on a tiered basis, while Additional Buyer's Stamp Duty (ABSD) targets multiple property owners or foreigners to cool the market. BSD is calculated on the higher of purchase price or market valuation; ABSD is a flat percentage on the same base.
BSD Tiers for 2026 (IRAS):
- 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% on remainder above S$3M
Quick formula for properties under S$1M: (0.03 × value) – S$5,400. ABSD rates vary by buyer profile: 0% for first-time Singapore Citizens, up to 60% for foreigners. Homejourney's ABSD Stamp Duty Calculator automates this for instant results.
Step-by-Step ABSD Stamp Duty Calculator Guide
Follow these actionable steps to calculate your total stamp duty using Homejourney tools or IRAS guidelines.
- Determine Property Value: Use the higher of purchase price or valuation. Check market values via Homejourney's projects directory.
- Calculate BSD: Apply tiers sequentially. For a S$2M condo: 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 = S$25,000. Total BSD: S$69,600.
- Apply ABSD Rate: Based on your status. Foreigner first property: 60% × S$2M = S$1.2M.
- Total Duty: BSD + ABSD. Pay within 14 days of Option to Purchase (OTP) via IRAS e-Stamping.
- Verify: Use IRAS mytax.iras.gov.sg or Homejourney calculator. Can pay with CPF for eligible buyers.
Pro Tip: Factor duties into your budget early. Use Homejourney's property search to filter options under your total cost threshold.
ABSD Rates Table: 2026 Buyer Profiles
| Buyer Type | 1st Property | 2nd Property | 3rd+ |
|---|---|---|---|
| Singapore Citizen | 0% | 17% | 25% |
| Singapore PR | 5% | 25% | 30% |
| Foreigner (Non-EFTA) | 60% | 65% | 65% |
Note: EFTA citizens like Norwegians qualify for lower rates—see exemptions below. Rates per IRAS 2026.
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. Insider tip: Tampines MRT (Exit A, 5-min walk) resales are often undervalued—verify via Homejourney.
Example 2: SPR Second Property (S$900K): BSD ~S$30,600 + ABSD 25% (S$225,000). Total: S$255,600.
Example 3: Foreigner First Condo (S$1.5M Orchard): BSD ~S$55,600 + ABSD 60% (S$900,000). Total: S$955,600. High but viable for qualifying properties—see Types of Properties Foreigners Can Buy.
Example 4: Citizen Upgrading (S$1.5M Second Property): BSD ~S$55,600 + ABSD 17% (S$255,000). Total: S$310,600. Avoid by selling first home before new OTP.
Norway ABSD Exemption: EFTA Special Rules
Norwegian citizens and other EFTA (European Free Trade Association) nationals enjoy Norway ABSD exemption on their first residential property in Singapore, treated similarly to Singapore Citizens at 0% ABSD. This applies to qualifying purchases like condos (not HDB for foreigners). Verify eligibility via IRAS. For full details, see our Norway Citizens Buying Property Guide.
Norway Citizen Guide Example (S$1.5M Condo): BSD S$55,600 + ABSD 0% = S$55,600 total. A game-changer for Norwegian property Singapore buyers. Use Homejourney's ABSD Stamp Duty Calculator to confirm your EFTA Norway status.
Common Mistakes and How to Avoid Them
- Mistake 1: Ignoring valuation—always use the higher value. Solution: Get valuation via Homejourney projects directory.
- Mistake 2: Missing ABSD remission windows for upgraders. Solution: Time sales precisely; consult IRAS.
- Mistake 3: Forgetting payment deadline (14 days post-OTP). Solution: Prepare funds, including CPF options.
- Red Flag: Unverified calculators. Stick to Homejourney and IRAS for trusted results.
Disclaimer: This guide uses 2026 IRAS rates; rates may change. Not financial advice—consult professionals for your situation.
Financial Tips and Next Steps
Budget 5-65% extra for duties. Check financing via bank rates and LTV limits (foreigners max 75%). Post-purchase, maintain value with aircon services.
Action Items:
- Calculate your duty with Homejourney's ABSD Stamp Duty Calculator.
- Explore properties on property search.
- Read our pillar: ABSD Stamp Duty Calculator & Guide 2026.
- For foreigners: See Foreigner Property Buying Process.
Homejourney prioritizes your safety—verified data, transparent tools, and trusted guidance for every step.
FAQ: ABSD Stamp Duty Calculator Questions
Q1: How do I calculate ABSD for a S$2M foreigner purchase?
A: BSD ~S$92,200 + ABSD S$1.2M (60%) = S$1,292,200. Pay within 14 days.
Q2: Can citizens avoid 17% ABSD on second properties?
A: Yes, sell first property before new OTP completion. Verify timing with IRAS.
Q3: Does Norway ABSD exemption apply to all properties?
A: First residential for EFTA Norwegians: 0% ABSD on qualifying properties like condos. Confirm via IRAS.
Q4: Can I use CPF for stamp duties?
A: Yes, for eligible Singapore Citizens/PRs on first/second properties.
Q5: Where to verify 2026 rates?
A: IRAS.gov.sg or Homejourney's ABSD Stamp Duty Calculator for trusted computations.
