Understanding ABSD in Singapore: What Property Buyers Must Know in 2026
If you’re buying property in Singapore, one key cost you cannot ignore is Additional Buyer’s Stamp Duty (ABSD) . Whether you are a first-time buyer, upgrader, or investor, ABSD can significantly affect your cash flow, investment returns, and overall strategy. ABSD is administered by the Inland Revenue Authority of Singapore (IRAS) What Is ABSD? Additional Buyer’s Stamp Duty (ABSD) is a tax imposed by the Inland Revenue Authority of Singapore on top of the standard Buyer’s Stamp Duty (BSD). It is designed to regulate housing demand and keep the property market stable. ABSD rates vary depending on: Your residency status (Singapore Citizen, PR, Foreigner) The number of residential properties you own Whether you are buying individually or under a trust/company For example (as of current cooling measures): Singapore Citizens 1st property: 0% ABSD 2nd property: 20% 3rd property and beyond: 30% Permanent Residents 1st property: 5% 2nd property: 30% ...