ABSD Stamp Duty Calculator and Guide: Essential 2026 Rates for Singapore Buyers
The ABSD Stamp Duty Calculator and Guide enables Singapore property buyers to compute Additional Buyer's Stamp Duty (ABSD) and Buyer's Stamp Duty (BSD) using 2026 IRAS rates. This tool is vital for first-time buyers, upgraders, and foreigners, as ABSD can add 60% or more to costs on a $2M condo.[1][2]
At Homejourney, we prioritize user safety and trust by verifying all calculations against official IRAS data, helping you make confident decisions in a transparent environment. This cluster article supports our pillar guide on Singapore Property Buying Costs, offering tactical steps for precise budgeting.[1]
Understanding ABSD and BSD in 2026
Additional Buyer's Stamp Duty (ABSD) is a tax on residential property purchases to cool the market and prioritize locals. It applies flat rates based on buyer profile: Singapore Citizen (SC), Permanent Resident (PR), foreigner, or entity.[2]
Buyer's Stamp Duty (BSD) is a progressive tax on all properties, calculated marginally on value brackets. Total stamp duty = BSD + ABSD, payable within 14 days of signing the Option to Purchase (OTP) via IRAS e-Stamping.[3]
Current 2026 ABSD rates for residential properties:
- Singapore Citizen (SC): 0% (1st), 17% (2nd), 25% (3rd+)[1][2]
- Permanent Resident (PR): 5% (1st), 25% (2nd), 30% (3rd+)[1][2]
- Foreigner: 60% (1st), 65% (2nd+)[1][2]
- Entity (Company/Trust): 25% (1st), 30% (2nd+)[2]
Foreigners like Taiwanese or Hong Kong investors face high rates regardless of prior ownership abroad. Properties count globally, so owning overseas triggers higher tiers.[2]
BSD Rates: Marginal Calculation Tiers (2026)
BSD uses these brackets on the higher of purchase price or IRAS valuation:
| Value Bracket | 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: $2M property BSD = $92,200 (rounded down, min $1).[3]
Step-by-Step ABSD Stamp Duty Calculator Guide
Follow these actionable steps on Homejourney for accurate estimates:
- Confirm Buyer Profile: Check IRAS status—SC, PR, foreigner? Foreigners pay 60% flat on first property.[2] Use Homejourney's profile verifier for safety.
- Get Property Valuation: Use higher of price or IRAS value. For a $1.8M negotiated condo valued at $2M by IRAS, base on $2M.[2]
- Count Properties: Includes global ownership. HDB owner buying condo? That's second property.[2]
- Calculate ABSD: Valuation × Rate. E.g., SC second property $1.5M: $1.5M × 17% = $255,000.[2]
- Add BSD: Apply tiers. Total for $2M foreigner condo: BSD $92,200 + ABSD $1.2M = $1,292,200.[1][3]
- Pay via e-Stamping: Within 14 days of OTP. Homejourney guides you securely.[1]
Disclaimer: This is not financial advice. Consult professionals; rates per IRAS as of 2026.[3]
Real Examples: Singapore Citizen vs Foreigner
Example 1: SC Upgrader – Buying $1.5M condo as second property (owns HDB in Punggol). ABSD: $255,000 (17%). BSD: ~$70,000. Total: ~$325,000. Insider tip: Sell HDB first to reset to 0% if timing aligns with MOP.[2]
Example 2: Foreign Investor (e.g., Taiwanese) – $2M condo in Orchard, first Singapore buy. ABSD: $1.2M (60%). BSD: $92,200. Total: $1,292,200. Compare via Singapore vs Hong Kong Property Investment: Chinese Buyers' Complete 2026 Guide for HK SG insights.[1][2]
Foreigners: See Types of Properties Foreigners Can Buy in Singapore | Homejourney and Financing Options for Foreign Buyers in Singapore | Homejourney .[2]
Common Mistakes and How Homejourney Helps Avoid Them
- Mistake: Undervaluing Property. IRAS uses higher valuation—budget extra 5-10%. Homejourney's Projects Directory provides market data.
- Mistake: Wrong Profile Count. Global properties count. Verify with IRAS before OTP.
- Mistake: Forgetting Timeline. Late payment incurs penalties. Homejourney reminders ensure compliance.
- Red Flag: Sellers pushing undervalued OTPs—avoid via Homejourney's verified listings on Property Search .
Pair with financing via Bank Rates and check Step-by-Step Property Buying Process for Foreigners | Homejourney .[2]
Financial Tips and Next Steps
ABSD impacts LTV (foreigners max 50-75%) and TDSR/MSR. Use CPF for BSD/ABSD if eligible (SC/PR only). Hidden costs: Legal fees ~$3,000-$5,000.[3]
Actionable Steps:
- Calculate on Homejourney tools.
- Search verified properties: Property Search .
- Compare loans: Mortgage Rates .
- Post-purchase: Aircon Services for maintenance.
Homejourney builds trust through verified data and user feedback—your safe path to property ownership.
FAQ: ABSD Stamp Duty Calculator Questions
Q: Does ABSD apply to HDB flats?
A: Yes, same rates. First-time SC: 0%. Foreigners need approval, pay 60%.[2]
Q: Can foreigners remit ABSD from overseas?
A: Yes, but use IRAS e-Stamping. Homejourney guides securely.[1]
Q: What if IRAS valuation > purchase price?
A: Pay on higher amount to prevent undervaluation.[2]
Q: How to reduce ABSD?
A: SC/PR: Buy first property. Foreigners: No remission in 2026. Plan via Projects .[3]
Q: Where to calculate officially?
A: IRAS myTax Portal or Homejourney for instant, trusted estimates.[5]
Master your budget with Homejourney's ABSD Stamp Duty Calculator and Guide. Explore our pillar on Singapore Property Buying Costs for full insights. Start safely today: Property Search .
