ABSD Stamp Duty Calculator and Guide: Essential for Singapore Buyers
Additional Buyer's Stamp Duty (ABSD) is a tax on top of Buyer's Stamp Duty (BSD) for second or subsequent residential properties, varying by buyer status like Singapore Citizen, Permanent Resident (PR), or foreigner. Use Homejourney's trusted tools to calculate your exact ABSD and total stamp duty before buying, ensuring transparent decisions in Singapore's 2026 property market.[1][3]
This cluster guide on ABSD Stamp Duty Calculator and Guide builds on our pillar content, Foreigner vs PR vs Citizen: Singapore Property Buying Rights 2026 Foreigner vs PR vs Citizen: Singapore Property Buying Rights 2026 , providing tactical steps for precise calculations and foreigner PR citizen comparison.
Understanding BSD vs ABSD: Key Differences
Buyer's Stamp Duty (BSD) applies to all property purchases based on purchase price or market value, whichever is higher. From 15 February 2023, residential BSD rates are tiered: 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.[1][3]
ABSD kicks in for non-first-time buyers or specific statuses, calculated as a flat percentage on the full property value. Rates were last updated 27 April 2023: Singapore Citizens pay 0% on first, 17% on second, 25% on third+; PRs 5% first, 25% second, 30% third+; Foreigners 60% on any.[3]
Homejourney verifies these IRAS rates Straits Times Housing News to prioritize your safety in a trusted buying process.
BSD Rate Table (Residential, 2026)
| Property Value | Rate |
|---|---|
| First $180,000 | 1% |
| Next $180,000 | 2% |
| Next $640,000 | 3% |
| Next $500,000 | 4% |
| Next $1,500,000 | 5% |
| Remaining | 6% |
Example: For a $2M condo, BSD = $1,800 + $3,600 + $19,200 + $20,000 + $75,000 + $30,000 = $149,600.[1]
ABSD Rates: Foreigner PR Citizen Comparison 2026
ABSD differs sharply by status, impacting property buying comparison. Here's the breakdown for 2026:
- Singapore Citizens: 0% (1st), 17% (2nd), 25% (3rd+)
- PRs: 5% (1st), 25% (2nd), 30% (3rd+)
- Foreigners/Entities: 60% (any property)
For joint purchases, ABSD is weighted by each buyer's share and status. E.g., Citizen + Foreigner (50-50) on $1.5M second property: Citizen pays 17% on $750K ($127,500), Foreigner 60% on $750K ($450,000); total ABSD $577,500.[3]
Link to our detailed ownership comparison: Foreigner vs PR vs Citizen: Singapore Property Buying Rights 2026 . Homejourney's platform ensures accurate ABSD different status simulations.
ABSD Comparison Table
| Status | 1st Property | 2nd Property | 3rd+ |
|---|---|---|---|
| Citizen | 0% | 17% | 25% |
| PR | 5% | 25% | 30% |
| Foreigner | 60% | 60% | 60% |
Note: Check FTA remission eligibility for foreigners FTA ABSD Remission Singapore: Eligibility Rules & Guide | Homejourney .
How to Use an ABSD Stamp Duty Calculator: Step-by-Step
Follow these actionable steps on Homejourney for precise estimates:
- Input Property Details: Enter price/market value, residential/non-residential.[2]
- Select Buyer Profile: Choose status (Citizen/PR/Foreigner), properties owned, joint buyers if applicable.
- Calculate BSD: Auto-applies tiers; review breakdown.
- Add ABSD: Applies flat rate based on profile; totals displayed instantly.
- Review Total: Factor into budget; save for OTP submission.
Access via Property Search or our calculator tool. Insider tip: Always use market value from valuer for mixed-use like shophouses in Bugis (e.g., 60% residential at $9M portion).[1]
Timeline: Pay within 14 days of OTP via IRAS myTax Portal.[4] Homejourney links to Bank Rates for financing impact.
Practical Examples: Real Singapore Scenarios
Singaporean upgrading from Punggol BTO ($800K) to Tengah EC ($1.8M): BSD ~$140K, ABSD 17% ($306K); total $446K. Use CPF for BSD only, cash/loan for ABSD.[3]
Foreigner buying Orchard condo ($3M): BSD ~$300K+, ABSD 60% ($1.8M); total ~$2.1M. Compare via Projects Directory . PR first-timer ($1M): BSD $38K, ABSD 5% ($50K); total $88K.
Hidden cost: Late payment penalty 100% of duty. Homejourney verifies data from IRAS for trust.[1]
Common Mistakes and How to Avoid Them
- Misjudging Status: Ex-Citizen now Foreigner pays 60%; confirm via ICA. See Step-by-Step Property Buying Process for Foreigners | Homejourney .
- Ignoring Joint Shares: Unequal splits can optimize; e.g., 99% Citizen +1% PR minimizes ABSD.
- Forgetting Valuation: Use IRAS valuer for higher market value properties in hot spots like Toa Payoh.
- No Budget Buffer: ABSD often 20-60% of price; plan via Mortgage Rates .
Disclaimer: This is not financial advice; consult lawyers for complexes like Types of Properties Foreigners Can Buy in Singapore | Homejourney .
Financial Tips and Next Steps with Homejourney
ABSD can't use CPF; budget cash/loan. Check LTV (55% max first-timer), TDSR/MSR via Financing Options for Foreign Buyers in Singapore | Homejourney . Post-buy, maintain with Aircon Services .
Action: 1) Calculate on Homejourney. 2) Search properties Property Search . 3) Explore projects Projects . Homejourney builds trust through verified insights.
FAQ: ABSD Stamp Duty Calculator Questions
Q: How much ABSD for foreigners in 2026?
A: 60% on any residential property, flat rate on full value.[3]
Q: Does PR pay ABSD on first HDB?
A: Yes, 5% if not married to Citizen owning none.[3]
Q: Can ABSD be refunded?
A: Yes, if sell within time or FTA eligible; details FTA ABSD Remission Singapore: Eligibility Rules & Guide | Homejourney .
Q: Joint buy ABSD calculation?
A: Pro-rated by ownership share and each status.[2]
Q: Where to pay stamp duty?
A: IRAS myTax Portal within 14 days of OTP.[4]
Master your ABSD Stamp Duty Calculator and Guide with Homejourney for safe, confident buys. Start calculating today and link back to our pillar Foreigner vs PR vs Citizen: Singapore Property Buying Rights 2026 .
