ABSD Stamp Duty Calculator and Guide for Singapore Buyers
Additional Buyer's Stamp Duty (ABSD) is a tax on residential property purchases in Singapore, calculated on the higher of the purchase price or market valuation, with rates up to 60% for foreigners in 2026.[1][2] This ABSD Stamp Duty Calculator and Guide helps first-time buyers, investors, and foreigners compute costs accurately using current rates from IRAS.
Homejourney prioritizes your safety by verifying data from official sources like IRAS and URA, ensuring transparent decisions in Singapore's property market.ABSD Stamp Duty Calculator & Guide 2026 | Homejourney For broader context, see our pillar guide on Singapore Property Buying Essentials.
Understanding BSD vs ABSD: Key Differences
Buyer's Stamp Duty (BSD) applies to all property buyers regardless of status, while ABSD targets second or subsequent properties based on buyer profile.[1][2] BSD uses tiered rates on residential properties: 1% on first $180,000, 2% on next $180,000, 3% on next $640,000, 4% on next $500,000, 5% on next $1.5M, and 6% above $3M (post-15 Feb 2023).[1][3]
ABSD rates from 27 Apr 2023 (still current in 2026): Singapore Citizens (SC) pay 0% on first property, 20% on second, 30% on third+; Singapore PRs (SPR) 5%/30%/35%; Foreigners 60% on any.[1][2][3] Always use the higher of purchase price or valuation.[1]
Quick BSD Calculation Formulas (Residential)
For properties under $1M: (0.03 × value) – $5,400.
For $1M-$1.5M: (0.04 × value) – $15,400.
For $1.5M-$3M: (0.05 × value) – $30,400.
Above $3M: (0.06 × value) – $60,400.[1]
| BSD Tier | Rate |
|---|---|
| First $180K | 1% |
| Next $180K | 2% |
| Next $640K | 3% |
| Next $500K | 4% |
| Next $1.5M | 5% |
| Above $3M | 6% |
How to Use an ABSD Stamp Duty Calculator
Step 1: Input purchase price or valuation (use higher).[1]
Step 2: Select buyer profile (SC/SPR/Foreigner, property count).
Step 3: Add BSD tiers, then apply flat ABSD rate to total value.
Step 4: Total = BSD + ABSD. Homejourney's tools integrate this for safe, verified estimates—link to our property calculator for instant results.
Example: SC buying second property at $2.1M valuation. BSD ≈ $92,600; ABSD = 20% × $2.1M = $420,000; Total ≈ $512,600.[1]
Foreigner example: $2M property. BSD ≈ $65,000; ABSD = 60% × $2M = $1.2M; Total ≈ $1.265M.[2]
ABSD Rates Table 2026
| Profile | 1st Property | 2nd | 3rd+ |
|---|---|---|---|
| SC | 0% | 20% | 30% |
| SPR | 5% | 30% | 35% |
| Foreigner | 60% | 60% | 60% |
US FTA Exemption: Americans Avoid ABSD
American avoid ABSD via US-Singapore FTA—US citizens qualify for SC-like rates (0%/20%/30%) if first-time or meeting criteria, known as US FTA exemption or zero ABSD American for first buys.[8] Verify eligibility with documents proving US citizenship and no prior Singapore properties. See How Americans Avoid 60% ABSD: US FTA Exemption Guide | Homejourney ">How Americans Avoid 60% ABSD: US FTA Exemption Guide.How Americans Avoid 60% ABSD: US FTA Exemption Guide | Homejourney
Insider tip: For a $1.5M condo in Orchard (e.g., near MRT Exit A, 5-min walk), a US FTA buyer saves ~$900K vs standard foreigner rate—crucial for districts like 09/10.
Step-by-Step ABSD Payment Process
- Exercise Option to Purchase (OTP): ABSD due within 14 days if applicable.[2]
- Submit to IRAS via myTax Portal with buyer details, valuation report.[4]
- Pay via GIRO/bank; remission possible for joint buys or decouplings.[2]
- Stamp conveyance within 14 days post-sale completion.
Timeline: 14-30 days from OTP. Documents: NRIC/passport, OTP, valuation. Homejourney verifies these steps for user safety—explore Property Search ">property search safely.Property Search
Common Mistakes and How to Avoid Them
- Miscalculating on valuation, not price—always get bank valuation first.[1]
- Forgetting joint buyer profiles: Higher profile sets rate (e.g., SC+SPR = 20%).[2]
- Missing US FTA for Americans—check US Singapore FTA property eligibility early.[8]
- Ignoring HDB rules: No ABSD on first HDB for SC, but resale triggers if upgrading.
Real example: Investor in Tanjong Pagar condo ($2.8M) overlooked valuation ($2.95M), added $42K ABSD unexpectedly. Use Homejourney's Projects Directory ">projects directory for verified valuations.Projects Directory
Financial Tips and Hidden Costs
Total costs: BSD + ABSD + legal fees (~$3K-5K). Finance via CPF for SC/SPR (up to MSR/TDSR limits); foreigners use Bank Rates ">bank loans at 75% LTV max.Bank Rates Post-buy, budget for maintenance like Aircon Services ">aircon services.Aircon Services
Decoupling tip: Sell first to reset ABSD, but watch SSD if under 3 years.[1]
FAQ: ABSD Stamp Duty Calculator Questions
Q1: How do I calculate ABSD for foreigners in 2026?
A: 60% on full value + BSD tiers. E.g., $1M = $600K ABSD + ~$28K BSD.[2][3]
Q2: Can Americans get zero ABSD?
A: Yes, via US FTA exemption treating as SC for first property—verify citizenship.[8]
Q3: Is ABSD payable on HDB resale?
A: Yes, if second+ property; first SC exempt.[2]
Q4: Where to find official calculator?
A: IRAS myTax Portal[4]; Homejourney for guided, safe use.
Q5: Any ABSD remission in 2026?
A: Possible for developers/small units; check IRAS for updates.[2]
Disclaimer: This is not financial advice. Consult professionals; rates per IRAS Feb 2026. Homejourney verifies data for trust.
Ready to buy safely? Use Homejourney's Property Search ">property search and Step-by-Step Property Buying Process for Foreigners | Homejourney ">Step-by-Step Guide for Foreigners. Start with our pillar: Singapore Property Buying Essentials.
