The Additional Buyer's Stamp Duty (ABSD) rate for a second residential property in Singapore is 20% for Singapore Citizens, 30% for Permanent Residents, and 60% for foreigners as of 2026. These rates apply to the purchase price or market value, whichever is higher.
ABSD rates for a second residential property
| Buyer status | 1st property | 2nd property | 3rd+ property |
|---|---|---|---|
| Singapore Citizen | 0% | 20% | 30% |
| Permanent Resident | 5% | 30% | 35% |
| Foreigner | 60% | 60% | 60% |
| Entity / Company | 65% | 65% | 65% |
All rates were last revised on 27 April 2023. Source: IRAS ABSD framework.
ABSD is on top of the Buyer's Stamp Duty (BSD) — which ranges from 1% to 6% depending on the property value bracket.
How properties are counted
The property count includes all residential properties held by the buyer at the time of purchase. Source: IRAS.
- HDB flats: Count toward the property total. An HDB owner buying a private condo pays second-property ABSD.
- Overseas properties: Do NOT count toward the Singapore property total for ABSD purposes.
- Joint ownership: Each co-owner is treated as holding the property; one co-owner cannot buy a "first" property if their name is on another title.
Worked example: SC upgrader buying second property
| Item | Amount |
|---|---|
| Existing HDB flat (still owned) | S$680,000 |
| New condo purchase | S$1,500,000 |
| BSD on new condo | S$44,600 |
| ABSD @ 20% (SC second property) | S$300,000 |
| Total stamp duties upfront | S$344,600 |
| If HDB sold within 6 months → ABSD refund | S$300,000 |
For full strategy comparison (sell-first / buy-first / decouple) see the complete Singapore ABSD framework.
Frequently asked questions
Does ABSD apply to inherited property?
No. Inheriting property does not trigger ABSD because there is no purchase. However, the inherited property does count toward your property total for future purchases.
Can I avoid ABSD by buying through a company?
No — companies pay 65% ABSD, which is the highest tier. Corporate purchase of residential property is the most ABSD-expensive route.
How is ABSD calculated on a fractional share?
ABSD is computed on the full property value, not the fractional share. Two co-owners buying a S$1.5M property as their second each face proportional ABSD on the joint purchase.