ABSD Stamp Duty Calculator and Guide: 2026 Rates Explained
The ABSD Stamp Duty Calculator and Guide for 2026 helps Singapore property buyers compute Additional Buyer's Stamp Duty (ABSD) and Buyer's Stamp Duty (BSD) using official IRAS rates. ABSD rates reach 60% for foreigners on first properties, making precise calculations essential for budgeting in Singapore's competitive market.[1][2] Homejourney verifies all rates from IRAS, prioritizing user safety and transparency for confident decisions.[1][2]
This cluster article supports our comprehensive pillar on Foreigner Property Buying in Singapore: 8-Step Process & 2026 Rules, focusing on stamp duty calculations for first-time buyers, upgraders, PRs, and overseas buyers.[1]
What is ABSD and BSD? Key Differences
Buyer's Stamp Duty (BSD) applies to all buyers on a tiered basis: 1% on the first S$180,000, 2% on the next S$180,000, 3% on the next S$640,000, 4% on the next S$500,000, 5% on the next S$1.5M, and 6% above S$3M.[1][2][3] Additional Buyer's Stamp Duty (ABSD) is a flat rate on the full purchase price or IRAS valuation (higher), targeting second and subsequent properties or foreigners.[1][4]
ABSD rates for 2026: Singapore Citizens (0% first, 17% second+, 25% third+); PRs (5% first, 25% second, 30% third+); Foreigners/Entities (60% first, 65% subsequent).[1][2][4] Use the higher value for accuracy—Homejourney's projects directory provides verified valuations.[1]
Step-by-Step ABSD Stamp Duty Calculator Process
Follow these actionable steps for any property purchase:
- Determine Value: Use the higher of purchase price or IRAS valuation. Check Homejourney projects directory for market data.[1][2]
- Calculate BSD: Apply tiers. Quick formula under S$1M: (0.03 × value) – S$5,400.[1][3] For S$2M: S$1,800 (1%) + S$3,600 (2%) + S$19,200 (3%) + S$20,000 (4%) + S$25,000 (5% on remainder) = ~S$69,600.[2]
- Apply ABSD: Multiply full value by your rate. Foreigner on S$2M: 60% = S$1.2M.[1][4]
- Total Duty: BSD + ABSD. Pay within 14 days of Option to Purchase (OTP) via IRAS e-Stamping.[1][2]
- Verify: Use IRAS mytax.iras.gov.sg or Homejourney tools for safety.[1][4]
Pro Tip: Factor duties into your budget early. Overseas buyers can calculate remotely via Homejourney for remote property purchase.[1]
2026 ABSD Rates Table by Buyer Profile
| Buyer Profile | 1st Property | 2nd Property | 3rd+ Property |
|---|---|---|---|
| Singapore Citizen | 0% | 17% | 25% |
| Singapore PR | 5% | 25% | 30% |
| Foreigner/Entity | 60% | 65% | 65% |
Source: IRAS 2026 rates verified by Homejourney.[1][2][4] EFTA citizens (e.g., Norway) may qualify for exemptions—see Norway Citizens Buying Property Guide.[1]
Practical Examples: Real Singapore Scenarios
Example 1: First-Time Citizen HDB Resale (S$800K Tampines): BSD: S$18,600. ABSD: 0%. Total: S$18,600. Insider tip: Tampines MRT (Exit A, 5-min walk) resales are undervalued—use Homejourney property search for verified listings.[1][2]
Example 2: PR 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. Orchard MRT (3-min walk) hotspots like this require cash planning. Link to Types of Properties Foreigners Can Buy.[1][2]
Example 4: Citizen Upgrading to S$2M Condo (Second Property): BSD ~S$92,200 + ABSD S$340,000 (17%). Total: S$432,200.[1][3]
Common Mistakes to Avoid with ABSD Calculations
- Misjudging Profile: PRs pay 5% on first property—don't assume citizen rates.[1]
- Ignoring Valuation: IRAS may value higher than price, increasing ABSD.[2][4]
- Timing Errors: Citizens avoid 17% by selling first property before new OTP completion.[1]
- Payment Delays: 14-day deadline or face penalties. Use CPF for BSD where eligible.[1][2]
Disclaimer: This is general guidance. Consult IRAS or professionals for your situation. Homejourney ensures verified info for safety.[1][4]
Financial Tips: CPF, Loans, and Hidden Costs
Pay BSD/ABSD with cash or CPF (citizens/PRs for BSD only). Check Homejourney bank rates for LTV limits (75% first-timer citizens, 45% foreigners) and TDSR/MSR.[1] Hidden costs: Legal fees (~S$2K-5K), valuation (~S$500). For foreigners, pair with Financing Options Guide.[2]
FAQ: ABSD Stamp Duty Calculator Questions
Q1: What is the ABSD rate for foreigners in 2026?
A: 60% on first residential property, 65% subsequent (e.g., S$2M = S$1.2M).[1][2]
Q2: How to calculate total stamp duty for S$1.5M condo as foreigner?
A: BSD ~S$55,600 + ABSD S$900,000 (60%) = ~S$955,600.[1][3]
Q3: Can citizens avoid 17% ABSD on second property?
A: Yes, sell first property before new OTP completion. Verify timing with IRAS.[1][2]
Q4: Does ABSD apply to HDB for foreigners?
A: No, foreigners can't buy resale HDB. Focus on condos/landed. See Types of Properties Guide.[1]
Q5: How does Homejourney help with remote calculations?
A: Use our tools for virtual property viewing and instant ABSD estimates safely from overseas.[1]
Ready to buy? Start with Homejourney's property search for verified options. For full process, visit our pillar: Step-by-Step Property Buying for Foreigners. Trust Homejourney for safe, transparent transactions.
