BSD, ABSD, and what changes the budget

Figures below follow IRAS pages as checked in October 2026: buyer’s stamp duty for residential property on or after 15 February 2023, and additional buyer’s stamp duty on or after 27 April 2023. IRAS can change them. This note is not a tax opinion. Confirm the current rates on iras.gov.sg.

Buyer’s stamp duty is tiered

BSD is charged on the higher of purchase price or market value. For residential property the marginal rates are 1% on the first $180,000, 2% on the next $180,000, 3% on the next $640,000, 4% on the next $500,000, 5% on the next $1.5 million, and 6% on the remainder. Duty is rounded down to the nearest dollar.

ABSD depends on the buyer

• Singapore citizen: no ABSD on a first home, 20% on a second, 30% on a third and subsequent.
• Singapore permanent resident: 5% on a first home, 30% on a second, 35% on a third and subsequent.
• Foreigner: 60% on any residential property.
• Entity: 65% on any residential property.

Count homes whether they are owned wholly, partly, or jointly. A spouse, a trust, or a home you have not completed the sale of can change the profile. Some remissions exist, including for certain married couples and for HDB flats and new executive condominiums bought from HDB. They have conditions. Read the IRAS remission notes before you treat ABSD as inevitable or as waived.

The number that matters is the one for your profile on the date of purchase, added to BSD, subtracted from the cash you meant to keep. That is the conversation.