ABSD Stamp Duty Calculator and Guide for Singapore Buyers
The ABSD Stamp Duty Calculator helps Singapore property buyers estimate Additional Buyer's Stamp Duty (ABSD) and Buyer's Stamp Duty (BSD) based on 2026 rates from IRAS. This guide provides step-by-step calculations, current rates, and practical tips to ensure accurate budgeting for your purchase.
Understanding ABSD is crucial in Singapore's competitive market, where cooling measures prioritize owner-occupiers. Homejourney prioritizes your safety by verifying data from official sources like IRAS and URA, helping you make confident decisions.
What is ABSD and BSD?
Buyer's Stamp Duty (BSD) is a tax on all property purchases, calculated on the higher of purchase price or market value. Additional Buyer's Stamp Duty (ABSD) applies to second and subsequent properties, varying by buyer profile: Singapore Citizens (SC), Permanent Residents (PR), foreigners, or entities.
As of 27 April 2023 rates (unchanged into 2026), BSD uses progressive tiers, with higher marginal rates for values over S$1.5M: 5% up to S$3M and 6% above.[2][5] ABSD rates are flat per profile and property count.[6]
2026 BSD Rates Table
| Property Value | Rate |
|---|---|
| First S$180,000 | 1% |
| Next S$180,000 | 2% |
| Next S$640,000 | 3% |
| Next S$500,000 (S$1M to S$1.5M) | 4% |
| Next S$1.5M (S$1.5M to S$3M) | 5% |
| Above S$3M | 6% |
Example: For a S$2M condo, BSD = (180k@1%) + (180k@2%) + (640k@3%) + (500k@4%) + (500k@5%) = S$75,600.[2]
2026 ABSD Rates Table
| Buyer Profile | 1st Property | 2nd Property | 3rd+ Properties |
|---|---|---|---|
| Singapore Citizen | 0% | 20% | 30% |
| PR | 5% | 30% | 35% |
| Foreigner | 60% | 60% | 60% |
| Company/Entity | 65% | 65% | 65% |
ABSD is on top of BSD and total purchase price. Foreigners face 60% ABSD on any residential purchase.[6]
How to Use an ABSD Stamp Duty Calculator
Follow these steps for precise estimates using tools like IRAS myTax Portal or Homejourney's verified calculator.[8][9]
- Input Property Details: Enter purchase price or market value (higher prevails).
- Select Buyer Profile: Choose SC, PR, foreigner, or entity; note existing properties owned.
- Joint Purchases: Enter each buyer's profile and property count; ABSD is proportionate.
- Calculate: Tool outputs BSD, ABSD, and total. Pay within 14 days of Option to Purchase (OTP) signing.[3]
- Verify with IRAS: Use official IRAS calculator for final confirmation.
Insider tip: For HDB flats, first-time SC/PR buyers often pay only BSD, as ABSD starts from second property. Check URA for market valuations on landed properties.[1]
Step-by-Step ABSD Calculation Example
Scenario: Foreign buyer purchasing S$1.8M condo (first property).
- BSD: 180k@1%=S$1,800; 180k@2%=S$3,600; 640k@3%=S$19,200; 500k@4%=S$20,000; 300k@5%=S$15,000. Total BSD: S$59,600.[2]
- ABSD: 60% of S$1.8M = S$1,080,000.[6]
- Total Stamp Duty: S$1,139,600 (63% of price!).
For SC buying second property: ABSD at 20% = S$360,000 + BSD S$59,600 = S$419,600.
Link to our pillar on Singapore Property Buying Guide for full process. Foreigners, see
Singapore-Specific Rules and Exemptions
HDB buyers: SC first-timers exempt from ABSD; PR pay 5% on first HDB. Private properties follow same ABSD but check URA Master Plan for zoning. Decoupling spouses? Calculate shares transfer ABSD carefully.[5]
Payment: Use CPF for BSD/ABSD (not SSD). Deadline: 14 days post-OTP or 30 days if overseas-signed.[3] Homejourney verifies compliance for safe transactions.
Financial Impact and Tips for Buyers
ABSD can exceed 60% for foreigners, making condos over S$1M costly. Budget 5-65% of price for total duties. Use
- Tip 1: Time sales of existing properties to minimize ABSD tier.
- Tip 2: Joint buys with SC spouse can lower effective rate.
- Tip 3: Explore
- Hidden Cost: Legal fees ~0.5% extra; factor via
Disclaimer: This is not financial advice. Consult professionals; rates per IRAS 2026.[9] Homejourney builds trust through transparent tools.
Common Mistakes to Avoid
Avoid underestimating joint ABSD—each buyer's count matters. Don't forget market value trumps price for BSD. Real example: A PR couple overlooked PR's first-property 5% ABSD, adding S$90,000 unexpectedly.
Prevent: Use official calculators early. For foreigners navigating
FAQ: ABSD Stamp Duty Calculator Questions
Q: Can I pay ABSD with CPF?
A: Yes, for BSD and ABSD on residential properties via HDB/CPF Board.[3]
Q: What's ABSD for foreigners in 2026?
A: 60% flat rate on any residential purchase, regardless of count.[6]
Q: How does decoupling affect ABSD?
A: Transfers count as new purchases; use calculators for scenarios.[5]
Q: Where to calculate officially?
A: IRAS myTax Portal for precise figures.[8]
Q: Does ABSD apply to HDB resale?
A: Yes, based on buyer profile and ownership count.[2]
Ready to buy safely? Use Homejourney's
References
- Singapore Property Market Analysis 2 (2026)
- Singapore Property Market Analysis 5 (2026)
- Singapore Property Market Analysis 6 (2026)
- Singapore Property Market Analysis 8 (2026)
- Singapore Property Market Analysis 9 (2026)
- Singapore Property Market Analysis 3 (2026)
- Singapore Property Market Analysis 1 (2026)
