What Does It Mean?
Additional Buyer's Stamp Duty (ABSD) is an extra tax applied on top of BSD for certain buyer profiles. Singapore Citizens buying a second property pay 20%, Permanent Residents buying their first property pay 5%, foreigners pay 60%, and entities pay 65%.
Current Rates
| Buyer Profile | ABSD Rate |
|---|---|
| Singapore Citizen — 1st property | 0% |
| Singapore Citizen — 2nd property | 20% |
| Singapore Citizen — 3rd+ property | 30% |
| Permanent Resident — 1st property | 5% |
| Permanent Resident — 2nd+ property | 30% |
| Foreigner — any property | 60% |
| Entity (company) — any property | 65% |
ABSD is applied on top of BSD. A foreigner buying a $2,000,000 condo pays 60% ABSD = $1,200,000 in addition to BSD of ~$64,600.
Worked Example
For a $2,000,000 property, ABSD payable by buyer profile:
Why It Matters
ABSD can be the single largest cost in a property purchase — especially for foreigners at 60%. Understanding your ABSD profile is essential before even beginning your property search.
Where to Find This on ShiokNest
Look for the tooltip icon next to this metric on ShiokNest for a quick reminder of its definition.
Official Sources
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Frequently Asked Questions
Can ABSD be refunded for married couples?
Is the 60% foreigner ABSD refundable?
Does ABSD apply to commercial property?
This glossary article is auto-generated from ShiokNest's financial data and updated periodically. Rates and figures are current as of March 2026. Check official sources for the latest.