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) alongside Buyer's Stamp Duty (BSD) based on purchase price, buyer profile, and property type. In 2026, ABSD rates remain at post-April 2023 levels, with foreigners facing up to 60% on residential properties, making precise calculations essential for budgeting[2][3].
Homejourney prioritizes your safety by providing verified tools and transparent guides, ensuring confident decisions in Singapore's competitive market. This cluster focuses on ABSD calculations, linking to our pillar on Step-by-Step Property Buying Process for Foreigners | Homejourney ">property buying processes.
What is ABSD and Why Calculate It Early?
ABSD is an additional tax on property purchases for second or subsequent homes, or first homes by non-citizens, aimed at cooling the market. All buyers pay BSD on the higher of purchase price or market value; ABSD applies extra based on status: Singapore Citizens (SC) pay 0% on first, 17% on second, 25% on third+; Permanent Residents (PR) 5% first, 25% second, 30% third+; Foreigners 60% on any[2][3].
Rates updated 27 April 2023 doubled foreigner ABSD to 60%, per MOF/MND/MAS statement[2]. For a S$2 million condo, a foreigner pays ~S$1.17M total stamp duty (BSD S$93K + ABSD S$1.2M). Use Homejourney's calculator for instant estimates, verified against IRAS rules[3][5].
Early calculation prevents surprises; integrate with Bank Rates for full affordability checks. Misjudging ABSD has sunk deals for foreigners eyeing Sentosa Cove.
Current 2026 BSD and ABSD Rates
BSD tiers (residential, from 15 Feb 2023): 1% first S$180K, 2% next S$180K, 3% next S$640K, 4% next S$500K, 5% S$1.5M-S$3M, 6% above S$3M[2][3].
| Market Value | Residential BSD Rate |
|---|---|
| First $180,000 | 1% |
| Next $180,000 | 2% |
| Next $640,000 | 3% |
| Next $500,000 (to $1.5M) | 4% |
| Next $1.5M (to $3M) | 5% |
| Remaining (above $3M) | 6% |
ABSD is flat-rate on total value:
| Buyer Profile | 1st Property | 2nd Property | 3rd+ |
|---|---|---|---|
| Singapore Citizen | 0% | 17% | 25% |
| PR | 5% | 25% | 30% |
| Foreigner/Entity | 60% | 60% | 60% |
Example: S$1.5M resale flat, SC first-timer: BSD S$51,800, ABSD S$0. PR first: BSD S$51,800 + ABSD S$75,000 = S$126,800. Foreigner: +S$900,000 ABSD[1][2]. Rates unchanged into 2026 per IRAS[3].
How to Use an ABSD Stamp Duty Calculator: Step-by-Step
- Input Property Details: Enter price/market value (use higher), type (residential/non-residential)[1].
- Select Buyer Profile: Nationality (SC/PR/foreigner), properties owned, joint buyers if applicable[1][2].
- Calculate BSD: Tiered as above; tool auto-applies[3].
- Add ABSD: Flat % on full value per profile[2].
- Total & Pay: Due within 14 days of signing; e-stamp via IRAS portal[5].
Homejourney's tool mirrors IRAS calculator[5][7], with extras like LTV/TDSR previews via Mortgage Rates . For Sentosa Cove foreigner buys, factor 60% ABSD—e.g., S$5M landed: S$2.91M stamp duty.
ABSD for Foreigners: Sentosa Cove and Landed Property Rules
Foreigners can buy Sentosa Cove condos freely but need approval for landed Sentosa properties via LTA/URA. Sentosa Cove investment appeals for luxury yields, but 60% ABSD hits hard—S$10M villa: S$6.48M duty[2]. See our Sentosa Cove Property Guide for Foreign Buyers | Homejourney ">Sentosa Cove guide and Types of Properties Foreigners Can Buy in Singapore | Homejourney ">foreigner property types.
Insider tip: Joint buys with SC/PR can lower effective ABSD if structured right, but consult lawyers. Use Projects Directory for Sentosa listings verified by Homejourney.
Practical Tips and Common Mistakes
- Verify Ownership Count: Includes overseas properties for ABSD[2]. Mistake: Forgetting spouse's holdings.
- Decoupling Costs: Spouses decoupling to buy separately triggers ABSD on second buy[4].
- Remissions: SC first-timers get ABSD remission if selling within 6 months, but rare[3].
- Hidden Fees: Add legal (~S$3K), valuation; total upfront ~5-10% for foreigners.
Avoid: Assuming pre-2023 rates—foreigner ABSD jumped from 30% to 60%[2]. Always cross-check with IRAS[3].
Financial Planning with Homejourney Tools
Pair ABSD calc with Property Search for options under budget post-duty. Foreigners: Explore financing via Financing Options for Foreign Buyers in Singapore | Homejourney ">financing guide; max LTV 60%, cash needed high. Post-purchase, Aircon Services ensures maintenance.
Disclaimer: This is informational; consult IRAS/professionals for advice. Homejourney verifies data for trust.
FAQ: ABSD Stamp Duty Questions
Q: How much ABSD for Sentosa Cove foreigner buying S$3M condo?
A: BSD ~S$150K + 60% ABSD S$1.8M = ~S$1.95M total[2][3].
Q: Can couples reduce ABSD via joint purchase?
A: Yes, if one is first-timer; ABSD prorated by shares, but rules complex[1].
Q: Is ABSD payable on HDB?
A: Yes, same rates; first SC/PR exempt from ABSD but pay BSD[2].
Q: When pay stamp duty?
A: Within 14 days of Option to Purchase; e-file via IRAS[5].
Q: ABSD refund if sell quickly?
A: No general remission; specific cases only (e.g., divorce)[3].
Ready to calculate? Use Homejourney's ABSD Stamp Duty Calculator today for safe, verified insights. Explore our pillar on Step-by-Step Property Buying Process for Foreigners | Homejourney ">property buying for foreigners next.
