Property TaxOct 18, 2025
What are the Additional Buyer's Stamp Duty (ABSD) rates when buying property in Singapore?
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The Additional Buyer's Stamp Duty (ABSD) is a tax imposed on top of the standard Buyer's Stamp Duty (BSD) when purchasing residential property in Singapore. The rates depend on your residency status and the number of properties you own. The current ABSD rates (effective 27 April 2023) are:
For Singapore Citizens (SC):
| Property Number | ABSD Rate |
|---|---|
| 1st residential property | 0% |
| 2nd residential property | 20% |
| 3rd and subsequent | 30% |
For Permanent Residents (PR):
| Property Number | ABSD Rate |
|---|---|
| 1st residential property | 5% |
| 2nd residential property | 30% |
| 3rd and subsequent | 35% |
For Foreigners:
| Property Number | ABSD Rate |
|---|---|
| Any residential property | 60% |
For Entities (companies, trusts):
| Buyer Type | ABSD Rate |
|---|---|
| Any entity purchasing residential property | 65% |
| Housing developers (with remission conditions) | 35% + 5% (non-remittable) |
Example calculation:
A Singapore PR buying a second property at S$1,500,000 would pay:
- BSD: S$44,600 (standard progressive rates)
- ABSD: S$1,500,000 x 30% = S$450,000
- Total stamp duty: S$494,600
Key points:
- ABSD is payable within 14 days of signing the Option to Purchase (OTP) or Sale & Purchase Agreement.
- Married couples where both are SCs may be eligible for ABSD remission on their second property if they sell their first property within 6 months of the purchase.
- ABSD rates for foreigners were raised sharply from 30% to 60% in April 2023 as a property cooling measure.
ABSDstamp-dutyproperty-purchasecooling-measuresforeign-buyers
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Disclaimer: This information is for general educational purposes and is not professional tax advice. Tax situations vary. Consult a qualified tax professional for advice specific to your circumstances.