ABSD Stamp Duty Calculator and Guide for Singapore Property Buyers
Additional Buyer's Stamp Duty (ABSD) is a tax on residential property purchases in Singapore, applied on top of Buyer's Stamp Duty (BSD) based on buyer profile and property count. For 2026, foreigners including Indian buyers face up to 60% ABSD on any property, making precise calculations essential for budgeting.
Homejourney prioritizes your safety by verifying all market data and providing transparent tools like our ABSD Stamp Duty Calculator, helping you avoid surprises in Singapore's competitive market. This cluster guide supports our pillar on Singapore property stamp duties, offering tactical steps for first-timers, investors, and NRIs.
Current ABSD Rates in 2026: Who Pays What?
ABSD rates, last updated in 2023 and unchanged into 2026 per IRAS guidelines, depend on your status as a Singapore Citizen (SC), Permanent Resident (PR), or foreigner.[2][7] Use the higher of purchase price or market valuation (from valuers like Knight Frank or Colliers) for calculations.[1]
| Buyer Profile | 1st Property | 2nd Property | 3rd+ Properties |
|---|---|---|---|
| Singapore Citizens | 0% | 20% | 30% |
| Singapore PRs | 5% | 30% | 35% |
| Foreigners (e.g., Indian citizens, NRIs) | 60% | 60% | 60% |
Note: Joint purchases take the highest profile rate among buyers. For Indian buyers purchasing Singapore property, this means 60% ABSD on condos or landed homes unless exemptions apply (e.g., US FTA for Americans).[2][1]
BSD Rates Recap (Always Paid First)
BSD is tiered and applies to all buyers. For a $2M property: First $180K at 1%, next $180K at 2%, next $640K at 3%, next $500K at 4%, next $1.5M at 5%, remainder at 6%.[1][3]
Quick BSD formula for properties over $1.5M but under $3M: (0.05 x value) - $30,400.[1]
Step-by-Step ABSD Stamp Duty Calculator Guide
Follow these actionable steps using Homejourney's trusted tools for accurate 2026 estimates. Always confirm with IRAS e-Stamping for final liability.[2]
- Determine buyer profile: SC, PR, or foreigner? Count existing residential properties (HDB/private).[2]
- Get higher value: Purchase price or valuation. Use Projects Directory ">Homejourney's projects directory for market comps in areas like Orchard or Tanjong Pagar.
- Calculate BSD: Apply tiers above. Example: $2.5M property = ~$92,000 BSD.[1]
- Add ABSD: Value x rate. Foreigner on $2.5M = $1.5M ABSD. Total stamp duty: $1.592M.
- Pay within 14 days of Option to Purchase (OTP): Via IRAS portal. Late fees apply.[6]
Insider tip: For NRIs buying in hot spots like District 10 (e.g., $3M condo near Stevens MRT, 5-min walk), factor 60% ABSD ($1.8M) plus BSD (~$150K). Budget 65% extra upfront.[1]
Special Guide for Indian Buyers and NRIs
Indian citizens buying Singapore property face 60% ABSD with no general remission, unlike some FTAs. This Indian buyer guide outlines key considerations for NRIs eyeing executive condos or freehold units.[7]
- Eligible properties: Condos, landed (non-landed for most foreigners). See Types of Properties Foreigners Can Buy in Singapore | Homejourney 2026 ">Types of Properties Foreigners Can Buy.
- Financing hurdles: Check LTV 75% max, TDSR 55%. Link to Bank Rates ">Homejourney bank rates for foreigner loans at 3-4% p.a.
- Example: NRI buys $1.8M resale condo in Bedok (near MRT Exit A, 3-min walk). ABSD: $1.08M. Total upfront: ~$1.15M + BSD $60K.
Link to our Indian Citizens Guide to Buying Property in Singapore 2026 ">Indian Citizens Guide to Buying Property in Singapore 2026 for full process.Straits Times Housing News
Practical Tips and Common Mistakes to Avoid
Avoid overpaying by getting valuations early—sellers often undervalue for negotiations, but IRAS uses the higher figure.[1] Real example: $2M purchase with $2.1M valuation adds $60K ABSD hit for SCs on second property ($420K total).[1]
- Mistake 1: Forgetting joint buyer profiles—e.g., SC + foreigner = 60% rate.
- Mistake 2: Ignoring Decoupling: Sell first home before new OTP to reset counters (but pay SSD if <3 years).[1]
- Mistake 3: Not budgeting CPF—foreigners can't use it, only cash/loans.[2]
Pro tip: Use Homejourney's Property Search ">property search for ABSD-aware listings. Post-purchase, check Aircon Services ">aircon services for maintenance.
Financial Breakdown and Next Steps
For a $2.5M foreigner purchase: BSD $92K + ABSD $1.5M = $1.592M total (65% of value). Add legal fees $5K, valuation $2K. Finance via Financing Options for Foreign Buyers in Singapore | Homejourney ">Homejourney's financing guide.
Actionable framework:
- Run calc on Homejourney ABSD tool.
- Consult lawyer for profile check.
- Search verified listings on Property Search ">Homejourney.
- Engage for safe transactions—Homejourney verifies agents.
Disclaimer: This is not financial advice. Rates per IRAS Feb 2026; consult professionals. Homejourney ensures trust through verified data.
FAQ: ABSD Stamp Duty Calculator Questions
What is the ABSD rate for Indian buyers in 2026?
60% on any residential property, calculated on higher of price/valuation.[2]
How do I calculate total stamp duty?
BSD tiers + ABSD flat rate. Use formula: Total = BSD + (Value x ABSD%). Example $2M foreigner: $1.2M ABSD + $70K BSD.[1][3]
Can NRIs avoid ABSD?
No general exemption; check FTAs or joint SC buys (still highest profile applies).[2]
When is ABSD payable?
Within 14 days of OTP or sale completion, whichever first.[6]
Link to full pillar: Explore our comprehensive Singapore Stamp Duty pillar for BSD/SSD details. Start your safe journey with Homejourney today—search verified properties now!
