Additional Buyer's Stamp Duty For Buying Private Residential Property in Singapore
Additional Buyer's Stamp Duty (ABSD) is a tax charged on second and subsequent residential property purchases located in Singapore.
| Nationality | 1st Property | 2nd Property | Subsequent Property |
| Singapore Citizen | NA | 12% | 15% |
| Permanent Residents | 5% | 15% | 15% |
| Foreigners | 20% | 20% | 20% |
| Entities | 25% | 25% | 25% |
ABSD Exempted (if buying 1st Residential Property)
- Foreigners Eligible for ABSD Remission under Free Trade Agreements (FTAs)
- Conditions for Remission Under the respective FTAs, Nationals or Permanent Residents of the following countries will be accorded the same Stamp Duty treatment as Singapore Citizens:
- USA
- Iceland
- Norway
- Liechtenstein
- Switzerland
ABSD Rates and Remission for Married Couples
- Joint Purchase Made by a Married Couple who Does Not Own Any Residential Property
- A married couple with at least one SC spouse jointly purchasing a residential property, where both the spouses do not own any residential property at the time of purchase, can apply for full ABSD remission.
- Joint Purchase of Second Residential Property by a Married Couple
- A married couple with at least one SC spouse is eligible for ABSD refund on their second property if they sell their first property within 6 months after the date of purchase/TOP/CSC, whichever is applicable.
