ABSD Stamp Duty Calculator and Guide: Essential 2026 Rates for Singapore Buyers
The ABSD Stamp Duty Calculator helps Singapore property buyers compute Additional Buyer's Stamp Duty (ABSD) and Buyer's Stamp Duty (BSD) based on current 2026 rates from IRAS. This guide provides step-by-step calculations, rates, and tips to avoid surprises, ensuring you budget accurately for your purchase on Homejourney's trusted platform.[2][1]
ABSD targets second and subsequent properties or foreigners, significantly impacting costs—up to 60% for foreigners on any residential buy. Homejourney prioritizes your safety by verifying data from official sources like IRAS, helping you make confident decisions in Singapore's competitive market.[2]
Understanding BSD and ABSD: Key Differences
Buyer's Stamp Duty (BSD) applies to all property purchases, calculated progressively on the higher of purchase price or market value. Additional Buyer's Stamp Duty (ABSD) adds extra tax for non-first-time buyers or foreigners, also on the higher value.[1][2][6]
BSD funds government initiatives; ABSD cools the market and prioritizes locals. For example, a S$2 million condo incurs BSD plus ABSD if you're a foreigner (60%), totaling over S$1.2 million in duties alone.[1]
Current BSD Rates (Residential Properties, 2026)
| Purchase Price/Market Value | Rate |
|---|---|
| First S$180,000 | 1% |
| Next S$180,000 | 2% |
| Next S$640,000 | 3% |
| Next S$500,000 | 4% |
| Next S$1.5M | 5% |
| Remaining (above S$3M) | 6% |
Source: IRAS[2][3][6]. Non-residential caps at 5% above S$1M.
ABSD Rates 2026: By Buyer Profile
ABSD rates, last updated 27 Apr 2023, remain current for 2026 per IRAS. Rates apply to the full purchase price/market value.[2]
| Buyer Profile | 1st Property | 2nd Property | 3rd+ Property |
|---|---|---|---|
| Singapore Citizen | 0% | 20% | 30% |
| Singapore PR | 5% | 30% | 35% |
| Foreigner/Entities | 60% | 60% | 60% |
| Trusts/Developers | 65% | 65% | 65% |
Source: IRAS[1][2][5]. For joint purchases, use the highest profile rate (e.g., SC + PR on 2nd property: 20%).[2]
How to Use an ABSD Stamp Duty Calculator: Step-by-Step
Follow these steps for accurate stamp duty calculator foreign buyer or local computations on Homejourney:
- Input property value: Use higher of purchase price or valuation (e.g., S$1.8M condo).
- Select profile: Citizen (1st/2nd), PR, BSD foreigner, etc.
- Calculate BSD: Tiered as per table (e.g., S$1.8M BSD = S$47,400).[3]
- Add ABSD: Flat rate on full value (e.g., foreigner: 60% of S$1.8M = S$1.08M).
- Total: BSD + ABSD. Pay within 14 days of signing.[2][6]
Example: Foreigner buys S$2M HDB resale. BSD: S$79,600. ABSD (BSD foreigner): S$1.2M. Total: S$1,279,600. Use Homejourney's tools for instant results.ABSD Stamp Duty Calculator & Guide 2026 | Homejourney ">ABSD Stamp Duty Calculator & Guide 2026 | Homejourney[1][2]
Practical Tips for Singapore Buyers and Investors
As a trusted platform, Homejourney verifies IRAS data to protect users. Insider tip: For upgrades, sell first to reset to 0% ABSD—check eligibility via Property Search ">Homejourney property search.[2]
- Foreigners: Limited to non-landed private properties; see Types of Properties Foreigners Can Buy in Singapore | Homejourney ">Types of Properties Foreigners Can Buy.
- Joint buys: Profile of highest ABSD buyer applies (e.g., SC + foreigner = 60%).[2]
- Remissions: Rare for FTAs; apply post-purchase.[2]
- Budget extra 5-10% for total duties + legal fees.
Link to our pillar: This cluster supports the Singapore Property Stamp Duty for Foreigners: BSD & ABSD 2026 Guide | Homejourne... ">Singapore Property Stamp Duty for Foreigners Guide, diving deeper into calculations.
Common Mistakes and How to Avoid Them
Avoid these pitfalls seen in real Singapore deals:
- Misjudging profile: A PR's 2nd property jumps to 30%—track ownership via IRAS.[2]
- Forgetting valuation: If market value > price, ABSD uses higher (e.g., S$1.5M buy valued at S$1.7M).[1]
- Late payment: 14-day deadline; penalties up to 200%.[6]
- No pre-calc: Use Homejourney calculator before offers.
Pro tip: Pair with Bank Rates ">mortgage rates and Mortgage Rates ">financing options for full affordability check. Foreigners, review Financing Options for Foreign Buyers in Singapore 2026 | Homejourney ">Financing for Foreign Buyers.Step-by-Step Property Buying Process for Foreigners | Homejourney ">Step-by-Step Buying Process[3]
Financial Planning: CPF, LTV, and Total Costs
ABSD is non-CPF payable; use cash. Factor TDSR/MSR limits. Example: S$2M property for upgrading SC—20% ABSD = S$400K cash hit.[1][2]
Hidden costs: Valuation (S$1,000+), legal (1-2%). Homejourney's Projects Directory ">projects directory shows real-time pricing in areas like Punggol or Tengah.
FAQ: ABSD Stamp Duty Calculator Questions
Q1: How does a stamp duty calculator foreign buyer work?
Input value and select 'Foreigner' for 60% ABSD + tiered BSD. E.g., S$1M = S$600K ABSD + S$29,200 BSD.[1][2]
Q2: What's ABSD rates for PRs buying first HDB?
5% on full value, plus BSD. Use Homejourney tools for precision.[2]
Q3: Can ABSD be refunded?
Limited cases like FTAs or developer remissions; apply to IRAS within 6 months.[2]
Q4: Does ABSD apply to new launches?
Yes, same rates. Check Projects ">Homejourney projects.[2]
Q5: Buyer stamp duty payment deadline?
14 days from signing; e-stamp via IRAS.[6]
Disclaimer: This is general info from IRAS (2026 rates). Consult professionals for advice. Homejourney verifies data for trust and safety.
Ready to calculate? Use Homejourney's ABSD Stamp Duty Calculator today. Explore Property Search ">property search, Projects Directory ">projects, and Bank Rates ">bank rates for secure buying. Start your journey safely with us!
