Additional Buyer's Stamp Duty (ABSD) Formula Explained, With Examples
Every additional buyer's stamp duty (absd) result comes from one formula. Once you understand what goes into it, you can sanity-check any figure you are given, whether by an employer, a bank, a teacher or another website.
The formula
Citizens: 0% / 20% / 30%. PRs: 5% / 30% / 35%. Foreigners: 60%. Entities: 65%.
What each input means
- Purchase price or market value, whichever is higher (S$): the value you enter in the calculator.
- Buyer profile: choose from Singapore Citizen, Singapore PR, Foreigner, Entity / company.
- Which residential property is this?: choose from First, Second, Third or subsequent.
Example
For example, with these inputs:
- Purchase price or market value, whichever is higher (S$): 1,200,000
- Buyer profile: Singapore Citizen
- Which residential property is this?: First
the calculator returns:
- ABSD rate: 0.00%
- ABSD payable: S$0.00
How the result changes
The table keeps the other inputs at their example values and changes purchase price or market value, whichever is higher (s$).
| Purchase price or market value, whichever is higher (S$) | ABSD rate | ABSD payable |
|---|---|---|
| 1,200,000 | 0.00% | S$0.00 |
| 600,000 | 0.00% | S$0.00 |
| 900,000 | 0.00% | S$0.00 |
| 1,500,000 | 0.00% | S$0.00 |
| 1,800,000 | 0.00% | S$0.00 |
Why it matters
Property is the largest purchase most Singaporeans make, and stamp duties, loan limits and cash requirements are front-loaded. Small mistakes in these figures can mean a shortfall at completion, so it pays to run the numbers before you commit to an option to purchase.
Beyond the price, buyers should budget for legal fees, valuation, home insurance, renovation and furnishing. Running the figures in advance helps you decide how much cash to hold back and whether a smaller loan or longer tenure makes more sense.
Singapore's property market is shaped by cooling measures introduced since 2009, including Additional Buyer's Stamp Duty, loan-to-value limits and debt servicing ratios. These rules are adjusted when the market runs hot, so the numbers you see today may differ from what friends paid a few years ago.
Most Singaporeans live in HDB flats, which can be financed with an HDB concessionary loan at 0.1% above the CPF Ordinary Account rate or with a bank loan. Private property must be financed with a bank loan, and banks offer fixed, floating and SORA-pegged packages.
Related calculations
- Rental Yield Calculator: Measures the return from rent before and after costs such as property tax, maintenance fees and agent fees.
- Home Loan Refinancing Calculator: Compares your current mortgage with a new rate to show the monthly saving and how long switching costs take to recover.
- Property Downpayment Calculator: Splits the downpayment into cash and CPF and shows the remaining loan.
- Buyer's Stamp Duty (BSD) Calculator: Calculates Buyer's Stamp Duty on a Singapore residential property using the tiered rates from 1% to 6%.
Use the Additional Buyer's Stamp Duty (ABSD) Calculator to plug in your own numbers.
Run your own numbers: Additional Buyer's Stamp Duty (ABSD) Calculator