Singapore Stamp Duty Calculator 2025 — BSD & ABSD
Calculate Singapore Buyer's Stamp Duty (BSD) and Additional Buyer's Stamp Duty (ABSD) for residential property purchases. Covers citizens, permanent residents, foreigners, entities and trusts. Rates updated to April 2023.
How Singapore Stamp Duty Is Calculated
- BSD (all buyers): Applies to every residential property purchase at progressive rates — 1% on the first S$180,000, up to 6% above S$3M. Calculated on the higher of purchase price or market value.
- ABSD (additional layer): Applied on top of BSD based on buyer type and number of properties owned. Citizens buying their first home pay 0% ABSD; foreigners pay 60% on any purchase.
- Payment deadline: Both BSD and ABSD are due within 14 days of signing the Sale & Purchase Agreement or exercising the Option to Purchase.
Singapore Stamp Duty Guide 2025 — BSD Rates, ABSD Matrix, and Remissions
Singapore stamp duty consists of two components for residential purchases: the Buyer's Stamp Duty (BSD) paid by all buyers, and the Additional Buyer's Stamp Duty (ABSD) paid by specific categories of buyers. These measures are intended to moderate speculative demand in Singapore's property market and ensure housing remains accessible to Singaporeans.
BSD Progressive Rate Bands (Residential, from 15 Feb 2023)
| Purchase Price Band | BSD Rate |
|---|---|
| First S$180,000 | 1% |
| Next S$180,000 (S$180,001 – S$360,000) | 2% |
| Next S$640,000 (S$360,001 – S$1,000,000) | 3% |
| Next S$500,000 (S$1,000,001 – S$1,500,000) | 4% |
| Next S$1,500,000 (S$1,500,001 – S$3,000,000) | 5% |
| Above S$3,000,000 | 6% |
ABSD Rates (from 27 April 2023)
| Buyer Type | 1st Property | 2nd Property | 3rd & Above |
|---|---|---|---|
| Singapore Citizen | 0% | 20% | 30% |
| Permanent Resident | 5% | 30% | 35% |
| Foreigner | 60% | 60% | 60% |
| Entity / Company | 65% | 65% | 65% |
| Trust | 65% | 65% | 65% |
For a S$1,500,000 condo purchase, a Singapore citizen buying their second property pays: BSD = S$44,600 + ABSD (20%) = S$300,000 = S$344,600 total stamp duty (23% of purchase price). For a foreigner, the same purchase costs S$44,600 + S$900,000 = S$944,600 (63% of purchase price). Check the Singapore Home Affordability Calculator to factor stamp duty into your total budget.
Sources: IRAS Stamp Duty — iras.gov.sg/taxes/stamp-duty-for-property. Reviewed May 2025.
Frequently Asked Questions
Buyer's Stamp Duty (BSD) is a tax payable by all buyers of residential property in Singapore, regardless of nationality or whether it is their first or subsequent purchase. BSD is calculated on a progressive scale: 1% on the first S$180,000, 2% on the next S$180,000, 3% on the next S$640,000, 4% on the next S$500,000, 5% on the next S$1,500,000, and 6% on any amount above S$3,000,000. For a S$1,000,000 property, BSD is S$24,600.
Additional Buyer's Stamp Duty (ABSD) is an extra layer of stamp duty to cool Singapore's property market. As of 27 April 2023, foreigners pay 60% ABSD on any residential property purchase. Singapore citizens pay 0% on their first property, 20% on the second, and 30% on the third or more. Permanent residents pay 5% on the first, 30% on the second, and 35% on the third or more. Entities and trusts pay 65%.
BSD and ABSD must be paid within 14 days of signing the Sale and Purchase Agreement (for developer sales), or within 14 days of exercising the Option to Purchase (for resale). Late payment incurs penalties. Both taxes are administered by IRAS and must be paid before the transfer of property title.
ABSD is determined by the total number of residential properties owned by the buyer at the time of purchase. Both spouses are jointly assessed for ABSD if either spouse owns another property. Decoupling (transferring ownership to a single name) before a new purchase may allow a lower ABSD tier, subject to IRAS rules and legal costs. Consult a conveyancing lawyer for specific advice.
Some ABSD remissions apply: Singapore citizen married couples buying their first joint property together may be eligible for ABSD remission if they sell their existing property within 6 months of purchase (15-month window for new builds). HDB owners buying their first private property may also qualify under certain conditions. Remissions are applied by IRAS after conditions are met — consult IRAS or a conveyancing lawyer for eligibility.
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