ABSD Stamp Duty Calculator and Guide: Essential 2026 Rates for Singapore Buyers
The ABSD Stamp Duty Calculator and Guide helps Singapore property buyers compute Additional Buyer's Stamp Duty (ABSD) accurately using 2026 rates from IRAS. ABSD applies on top of Buyer's Stamp Duty (BSD) for second or subsequent properties, or higher rates for foreigners, based on purchase price or market value—whichever is higher.[1][2]
Homejourney prioritizes your safety by verifying all calculations against official IRAS guidelines, ensuring transparent decisions in Singapore's competitive market. This cluster focuses on ABSD specifics, linking back to our pillar guide on Step-by-Step Property Buying Process for Foreigners | Homejourney for the full buying process.
Understanding ABSD vs BSD: Key Differences
Buyer's Stamp Duty (BSD) is mandatory for all property purchases, tiered progressively: 1% on first S$180,000, 2% on next S$180,000, 3% on next S$640,000, 4% on next S$500,000, 5% on next S$1.5M, and 6% thereafter.[1][2]
Additional Buyer's Stamp Duty (ABSD) targets cooling measures: Singapore Citizens (SC) pay 20% on second properties, 35% on third+; Permanent Residents (PR) 30% on first, 35% second+; Foreigners 60% on any residential property.[1][4]
Total stamp duty = BSD + ABSD. For a S$2M condo (market value higher at S$2.1M), an SC buying second home pays BSD ~S$81,600 + ABSD S$420,000 = S$501,600.[1]
2026 BSD Rate Table (Residential)
| Band | Rate |
|---|---|
| First S$180,000 | 1% |
| Next S$180,000 | 2% |
| Next S$640,000 | 3% |
| Next S$500,000 | 4% |
| Next S$1,500,000 | 5% |
| Remaining | 6% |
Example: S$2.7M property BSD = S$149,633 (using quick formula: 6% of value - S$60,400).[1]
How to Use an ABSD Stamp Duty Calculator: Step-by-Step
1. Input purchase price or market valuation (higher prevails).[1][2]
2. Select buyer profile: SC/PR/foreigner, property count.[3]
3. For joint buys, average ABSD across buyers' profiles.[3]
4. Add BSD tiers automatically; total payable within 14 days of Option to Purchase (OTP).[2]
Homejourney's tools integrate this seamlessly—explore via Property Search for verified listings and instant estimates, building trust through transparency.
Quick ABSD Formula
ABSD = (Purchase Price or Market Value) × Applicable Rate[1]
- SC 2nd property: 20%
- PR 1st: 30%; 2nd+: 35%
- Foreigner: 60% (any residential)
Real example: Foreigner buying S$4M landed property in Bukit Timah—ABSD S$2.4M if MV matches.[1] Check Projects Directory for current MV data.
FTA Eligibility ABSD: Exemptions and Remissions
FTA eligibility ABSD applies to Free Trade Agreement citizens (e.g., US, EFTA like Liechtenstein). They qualify for SC/PR-like rates if meeting conditions: first residential buy, no prior ownership.[4]
Qualify ABSD exemption via FTA: Prove citizenship, no existing properties. See details in FTA ABSD Remission Singapore: Eligibility Rules & Guide | Homejourney and Liechtenstein Citizens Singapore Property: EFTA ABSD Benefits 2026 .
Remission requirements: Sell existing property first, apply within 6 months; up to 80% remission if decoupling.[1] FTA conditions property: Must be for own use, not investment initially.
Actionable Steps to Calculate and Minimize ABSD
- Verify profile: Use IRAS myTax portal for official calc.[5]
- Joint purchase strategy: Pair with SC for lower effective rate (e.g., 50/50 split).[3]
- Decouple timing: Exercise OTP on new buy after selling old one to avoid ABSD.[1]
- FTA check: Confirm eligibility docs before OTP.
- Budget buffer: Add 60%+ for foreigners; use Bank Rates for financing impact.
Insider tip: For HDB upgraders in mature estates like Toa Payoh, time resale before private property OTP to hit remission—saves hundreds of thousands, per local buyer experiences.
Common Mistakes and How Homejourney Prevents Them
Avoid assuming purchase price trumps MV—valuers often hike it 5-10%.[1] Don't miss 14-day payment deadline; penalties apply.[2]
Foreigners overlook FTA conditions property rules, paying 60% unnecessarily—Homejourney verifies eligibility upfront. Read Types of Properties Foreigners Can Buy in Singapore | Homejourney for options.
Hidden cost: No CPF for ABSD; cash/loan only. Plan via Mortgage Rates .
Financial Breakdown: Real 2026 Examples
| Buyer Type | S$1.8M Condo | S$3M Condo |
|---|---|---|
| SC First | BSD S$81,600 (0% ABSD) | BSD S$147,600 (0% ABSD) |
| SC Second | Total S$441,600 | Total S$747,600 |
| Foreigner | Total S$1.161M | Total S$2.067M |
Rates per IRAS 2026; always consult pros for LTV/TDSR.[2] Post-purchase, secure with Aircon Services .
FAQ: ABSD Stamp Duty Calculator Questions
Q: How do I qualify ABSD exemption as FTA citizen?
Provide passport, proof of no prior ownership; applies to first buy only. Details via FTA ABSD Remission Singapore: Eligibility Rules & Guide | Homejourney .[4]
Q: What's remission requirements for ABSD?
Sell existing property within 6 months of new purchase; full if first-timer profile restored.[1]
Q: Can foreigners use CPF for ABSD?
No—ABSD is non-CPF eligible; budget cash.[2]
Q: FTA eligibility ABSD for joint buys?
Pro-rated; one FTA buyer lowers blended rate.[3]
Q: Where to find ABSD Stamp Duty Calculator?
IRAS official tool or Homejourney's verified estimator linked to Property Search .[5]
Disclaimer: This is general info; not financial advice. Consult IRAS/Homejourney advisors for your case. Rates as of 2026 per IRAS.[2]
Ready to buy safely? Start with Homejourney's Property Search and pillar guide Step-by-Step Property Buying Process for Foreigners | Homejourney . Trust us for verified, transparent property journeys.
