ABSD is charged in addition to Buyer's Stamp Duty, which every buyer pays regardless of citizenship or property count. Both are computed on the higher of the purchase price or market valuation.
For 2026, a Singapore Citizen pays 0 percent ABSD on a first residential property, 20 percent on a second, and 30 percent on a third or subsequent property. A Permanent Resident pays 5 percent on a first property and 30 percent from the second onward. A foreigner buying any residential property pays 60 percent, and an entity or living trust pays 65 percent. A small group of nationalities under Free Trade Agreements, including the US, Switzerland, Liechtenstein, Norway and Iceland, get Singapore Citizen equivalent treatment.
Worked example: a Singapore Citizen buying a second property at S$2,000,000 pays S$400,000 in ABSD alone, on top of BSD. Married Singapore Citizen couples buying a second property can apply for ABSD remission if they sell their first property within 6 months of the new purchase.
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Book a free 30 minute callWinfred Quek is an Associate Marketing Consultant at Crestbrick Pte Ltd (CEA Licence No. L31010886H). CEA R073319H. This page is for general information only and does not constitute financial, investment, or legal advice. Verify current figures with IRAS, HDB, CPF Board, or MAS before making any decision.