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) using official 2026 IRAS rates, crucial for all buyers including first-time Singapore citizens, PRs, and foreigners.[1][2][3] ABSD rates hit 60% for foreigners on their first property, so accurate calculations prevent budget shocks in Singapore's competitive market.[1][2] Homejourney verifies these rates directly from IRAS, prioritizing user safety, transparency, and trust in every property decision.[1][3]
This cluster focuses on precise ABSD and BSD computations, linking back to our pillar guide on foreign buyer legal process and property purchase steps. Use Homejourney's tools for instant, reliable results before exploring properties via Property Search or checking market data in Projects .[1]
What is ABSD and BSD? Key Differences Explained
Buyer's Stamp Duty (BSD) is a tiered tax all buyers pay on the higher of purchase price or market valuation.[3] Additional Buyer's Stamp Duty (ABSD) adds extra based on buyer profile—Singapore Citizen (SC), Singapore Permanent Resident (SPR), or foreigner—and property count.[1][2][3]
Total stamp duty = BSD + ABSD, due within 14 days of Option to Purchase (OTP) via IRAS e-Stamping.[1][3] Common misconception: ABSD replaces BSD—it stacks on top. Always verify with IRAS mytax.iras.gov.sg.[4]
2026 BSD Rates Table
| Portion of Value | Rate |
|---|---|
| First S$180,000 | 1% |
| Next S$180,000 | 2% |
| Next S$640,000 | 3% |
| Next S$500,000 | 4% |
| Next S$1,500,000 | 5% |
| Above S$3,000,000 | 6% |
Source: IRAS 2026 rates.[1][3] Quick formula for properties under S$1M: (0.03 × value) – S$5,400.[1][2]
2026 ABSD Rates by Buyer Profile
| Buyer Type | First Property | Second | Third+ |
|---|---|---|---|
| Singapore Citizen | 0% | 17% | 25% |
| SPR | 5% | 25% | 30% |
| Foreigner | 60% | 65% | 65% |
Source: IRAS via Homejourney verification.[1][2][3] ABSD applies flat to full value.[1]
Step-by-Step ABSD Stamp Duty Calculator Guide
- Determine Property Value: Use higher of purchase price or valuation from Projects Directory .[1]
- Calculate BSD: Apply tiers sequentially. 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$500K = S$25,000. Total BSD: S$69,600.[1][2][3]
- Apply ABSD: Full value × your rate. Foreigner S$2M × 60% = S$1.2M.[1][2]
- Total Duty: BSD + ABSD = S$1,269,600. Pay within 14 days via IRAS.[1][3]
- Verify: Cross-check IRAS mytax.iras.gov.sg or Homejourney tools.[1][4]
Insider tip: For HDB resales near Tampines MRT (Exit A, 5-min walk), use CPF for full BSD if eligible—check Bank Rates for financing alignment.[1][3]
Practical Examples: Real Singapore Scenarios
Example 1: First-Time SC HDB Resale (S$800K Tampines): BSD: 1% S$1,800 + 2% S$3,600 + 3% S$13,200 = S$18,600. ABSD: 0%. Total: S$18,600. Pay with CPF.[1][3]
Example 2: Foreigner Condo (S$1.5M District 10): BSD ~S$55,600. ABSD: S$1.5M × 60% = S$900,000. Total: ~S$955,600. See Foreigners Buying Property in Singapore: Legal Process Guide 2026 | Homejourney for conveyancing foreigner steps and property lawyer Singapore advice.[1][2]
Example 3: SC Upgrading to Second Property (S$2M): If first property unsold, BSD S$69,600 + ABSD 17% S$340,000 = S$409,600. Sell first to reset to 0%—timing is key.[1][2]
Pro tip: Foreign investors, explore Types of Properties Foreigners Can Buy in Singapore | Homejourney 2026 and factor duties early via Property Search .[1]
Common Mistakes to Avoid with ABSD Calculations
- Ignoring Valuation: Use market value if higher—Homejourney's Projects provides verified data.[1]
- Missing Remission Windows: Citizens/PRs, sell before new OTP for lower ABSD.[1][2]
- Forgetting Payment Deadline: 14 days post-OTP or face penalties.[3]
- Overlooking Profile Changes: New SPR status? Recalculate.[1]
Disclaimer: This is general guidance; consult a property lawyer Singapore for legal requirements foreign cases. Homejourney emphasizes professional advice for complex transactions.[1]
Financial Considerations and Next Steps
Factor total duties (often 60%+ for foreigners) into budgets alongside LTV limits (50-75%) and TDSR/MSR.[1] Use CPF for BSD/ABSD where eligible, but foreigners typically pay cash—see Financing Options for Foreign Buyers in Singapore 2026 .[1] Hidden costs: Legal fees via conveyancing (~S$3K-5K).[1]
Actionable steps: 1) Calculate via Homejourney tools. 2) Search verified listings on Property Search . 3) Engage lawyer early. Post-purchase, maintain with Aircon Services .[1]
FAQ: ABSD Stamp Duty Calculator and Guide
Q1: How do foreigners calculate ABSD in 2026?
60% on first property, 65% after, flat on full value + tiered BSD. Example: S$2M = S$1.2M ABSD + ~S$69K BSD.[1][2]
Q2: Can citizens avoid 17% ABSD on second buy?
Yes, sell first property before new OTP completion. Verify with IRAS.[1][2]
Q3: Where to pay ABSD Stamp Duty?
IRAS e-Stamping within 14 days of OTP. Use CPF if eligible.[3]
Q4: Does Homejourney have an ABSD calculator?
Yes, verified from IRAS rates for instant, trusted results.[1]
Q5: What if valuation exceeds purchase price?
BSD/ABSD on higher value. Check Projects Directory for accurate valuations.[1]
Ready to buy safely? Use Homejourney's ABSD Stamp Duty Calculator and Guide today, explore Property Search , and connect to our pillar on Step-by-Step Property Buying Process for Foreigners | Homejourney for full foreign buyer legal process. Trust Homejourney for verified, transparent property journeys.
