ABSD Stamp Duty Calculator & Guide 2026 | Homejourney
The ABSD Stamp Duty Calculator and Guide helps Singapore property buyers compute Additional Buyer's Stamp Duty (ABSD) and Buyer's Stamp Duty (BSD) based on 2026 rates. At Homejourney, we prioritize your safety and trust by providing verified calculations from official IRAS guidelines, ensuring transparent decisions in a secure environment.[1][2]
Why ABSD Matters for Singapore Property Buyers in 2026
ABSD discourages property speculation and prioritizes housing for Singapore Citizens. In 2026, rates remain elevated: Singapore Citizens pay 0% on their first property, 20% on the second, and 30% on subsequent ones. Permanent Residents (PRs) face 5% on the first, 30% on the second, and 35% thereafter, while foreigners pay 60% on any residential property.[1][2]
This cluster article builds on our pillar guide to Singapore property buying, offering tactical tools for precise ABSD calculations. Use Homejourney's verified data to avoid surprises—essential amid cooling measures from MOF, MND, and MAS.[3]
BSD vs ABSD: Key Differences Explained
Buyer's Stamp Duty (BSD) applies to all property purchases, calculated on the higher of purchase price or market value. Rates are progressive: 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% thereafter.[1][2]
Additional Buyer's Stamp Duty (ABSD) targets multiple property ownership and foreigners. It's a flat rate on the total value, added to BSD. Total stamp duty = BSD + ABSD.[1]
2026 ABSD Rates Table
| Buyer Profile | 1st Property | 2nd Property | 3rd+ Properties |
|---|---|---|---|
| Singapore Citizens | 0% | 20% | 30% |
| Singapore PRs | 5% | 30% | 35% |
| Foreigners/Entities | 60% | 60% | 60% |
Rates unchanged since April 2023 revisions. Always confirm your profile with IRAS.[1][2][3]
Step-by-Step ABSD Stamp Duty Calculator Guide
Follow these actionable steps for accurate calculations, grounded in IRAS formulas.
- Determine Higher Value: Use purchase price or IRAS valuation (whichever higher).[2]
- Calculate BSD: Apply tiers. Example: S$2.7M property.
- First S$180K: 1% = S$1,800
- Next S$180K: 2% = S$3,600
- Next S$640K: 3% = S$19,200
- Next S$500K: 4% = S$20,000
- Next S$1.5M: 5% = S$75,000
- Remaining S$500,550: 6% = S$30,033
- Total BSD: S$149,633[1]
- Apply ABSD Rate: For SC second property: 20% of S$2.7M = S$540,000.[1]
- Total Duty: BSD + ABSD = S$149,633 + S$540,000 = S$689,633.
- Pay Within 14 Days: Of Option to Purchase (OTP) via IRAS e-Stamping.[2]
Quick BSD formula for properties over S$1M: (Value × tier rate) minus fixed amount, e.g., >S$3M: 6% minus S$60,400.[1]
Real Singapore Examples: ABSD in Action
For a foreigner buying a S$2M condo in Orchard (e.g., near Somerset MRT, Exit B, 5-min walk): BSD ~S$81,000 + ABSD 60% = S$1.2M. Total: S$1.281M—over 64% of price![1][2]
Upgrading Singaporean in Tampines (second HDB resale, S$1.2M): BSD S$45,600 + ABSD 20% S$240,000 = S$285,600. Insider tip: Sell first to potentially remit ABSD if timing aligns.[1]
These reflect 2026 market values from URA data; use Projects Directory for latest.[1]
HDB vs Private Property: ABSD Nuances
HDB flats exempt ABSD for first-time SC families under schemes like Enhanced CPF Housing Grant. Private condos/executive condos trigger full rates post-MOP. Foreigners restricted to private non-landed; check .[2]
Compare financing via Bank Rates or Mortgage Rates ; LTV capped at 75% for second properties, TDSR 55%.[2]
Common Mistakes and How Homejourney Helps Avoid Them
- Misjudging Property Count: Joint purchases count as one; spouses' prior properties may trigger higher rates. Verify via IRAS.
- Ignoring Valuation: If valuation > price, pay on higher—e.g., S$2.5M buy at S$2M valuation S$2.7M adds S$13K+ BSD.[1]
- Missing Remission: SCs/PRs selling within 6 months may remit ABSD if buying replacement.
- Forgetting SSD: Sellers pay Seller's Stamp Duty if under 5 years (12%/8%/4%).[1]
Homejourney verifies data for safety; explore properties safely at Property Search .
Financial Tips: CPF, Loans, and Hidden Costs
ABSD non-CPF payable; use cash/savings. Factor Total Debt Servicing Ratio (TDSR) and Mortgage Servicing Ratio (MSR) for HDB. Post-purchase, budget for maintenance via Aircon Services .[2]
For foreigners, see Financing Options for Foreign Buyers in Singapore | Homejourney . Compare Singapore vs Hong Kong: SG's 60% ABSD vs HK's ~15% BSD/SSD makes SG less investor-friendly for Chinese buyers—details in Singapore vs Hong Kong Property: Guide for Chinese Buyers | Homejourney .
FAQ: ABSD Stamp Duty Calculator Questions
Q: How do I calculate ABSD for my second property as a Singapore Citizen?
A: 20% of higher of purchase price/market value. E.g., S$2.1M = S$420,000 + BSD.[1]
Q: Do foreigners pay ABSD on commercial properties?
No, ABSD is residential-only; BSD applies.[9]
Q: Can I use CPF for ABSD?
No, ABSD is non-CPF eligible. BSD portions may qualify.[2]
Q: What's the deadline to pay stamp duty?
14 days from OTP/sale agreement.[2]
Q: How does ABSD affect property investment in SG vs HK?
SG's 60% deters foreigners; HK lower but volatile market. See our comparison.[1]
Disclaimer: This guide uses 2026 IRAS rates; consult professionals for advice. Homejourney provides tools, not financial advice.
Ready to calculate? Use Homejourney's safe platform: search properties at Property Search , check rates at Bank Rates . Link back to our pillar: Step-by-Step Property Buying Process for Foreigners in Singapore 2026 | Homejour... for full process.
