Additional Buyer's Stamp Duty (ABSD)

ABSD Rates on the higher of the purchase price or market value

Liable buyers are required to pay ABSD on top of the existing Buyer’s Stamp Duty (BSD)

ABSD Rates on/after 6 Jul 2018 1st Residential Property 2nd Residential Property 3rd Residential Property
Singapore Citizens (SC) 0% ABSD 12% ABSD 15% ABSD
Singapore Permanent Residents (SPR) 5% ABSD 15% ABSD 20% ABSD
Foreigners (FR) 20% ABSD 20% ABSD 20% ABSD
Entities 25% ABSD 25% ABSD 25% ABSD

ABSD Rates and Remission for Married Couples

(A) Joint Purchase Made by a Married Couple who Does Not Own Any Residential Property
A married couple with at least one SC spouse jointly purchasing a residential property, where both the spouses do not own any residential property at the time of purchase, can apply for full ABSD remission.

(B) Joint Purchase of Second Residential Property by a Married Couple
A married couple with at least one SC spouse is eligible for ABSD refund on their second property if they sell their first property within 6 months after the date of purchase/TOP/CSC, whichever is applicable.

Table 1: Married Couple who are both SC

No. of properties currently owned* by each spouse Joint purchase of next residential property No. of properties owned* by each spouse after co-purchase

ABSD rates On/ after 6 Jul 2018

Refund of ABSD paid on purchase of second residential property
SC1 SC2 SC1+SC2 SC1 SC2
0 0 1 1 1 0% Not applicable
1 0 2 1 12% Only if the married
couple disposes of
the first property
which they owned
individually or co-owned.
1 1 2 2 12%
Co-owned 1 2 2 12%
2 0 3 1 15% Not available
Co-owned 2 3 3 15%
* Properties owned include those owned wholly, or owned partially or jointly with others.

Table 2: Married Couple who are SC-SPR

No. of properties currently owned* by each spouse Joint purchase of next residential property No. of properties owned* by each spouse after co-purchase

ABSD rates On/ after 6 Jul 2018

Refund of ABSD paid on purchase of second residential property
SC SPR SC + SPR SC SPR
0 0 1 1 1 0%# Not applicable
1 0 2 1 12% Only if the married
couple disposes of
the first property
which they owned
individually or co-owned.
0 1 1 2 15%
1 1 2 2 15%
Co-owned 1 2 2 15%
2 0 3 1 15% Not available
Co-owned 2 3 3 15%
* Properties owned include those owned wholly, or owned partially or jointly with others.
# Remitted ABSD of 5% (based on the buyer’s profile with the highest ABSD rate). Your legal representative can apply for full ABSD
remission via the e-Stamping Portal.

Table 3: Married Couple who are SC-FR

No. of properties currently owned* by each spouse Joint purchase of next residential property No. of properties owned* by each spouse after co-purchase

ABSD rates On/ after 6 Jul 2018

Refund of ABSD paid on purchase of second residential property
SC FR SC + FR SC FR
0 0 1 1 1 0%# Not applicable
1 0 2 1 20% Only if the married
couple disposes of
the first property
which they owned
individually or co-owned.
0 1 1 2 20%
1 1 2 2 20%
Co-owned 1 2 2 20%
2 0 3 1 20% Not available
Co-owned 2 3 3 20%
* Properties owned include those owned wholly, or owned partially or jointly with others.
# Remitted ABSD of 5% (based on the buyer’s profile with the highest ABSD rate). Your legal representative can apply for full ABSD
remission via the e-Stamping Portal.

Table 4: Married Couple who are SPR-FR

No. of properties currently owned* by each spouse Joint purchase of next residential property No. of properties owned* by each spouse after co-purchase

ABSD rates

On/ after 6 Jul 2018

Refund of ABSD paid on purchase of second residential property
SPR FR SPR + FR SPR FR
0 0 1 1 1 20% Not available
1 0 2 1 20%
0 1 1 2 20%
1 1 2 2 20%
Co-owned 1 2 2 20%
2 0 3 1 20%
Co-owned 2 3 3 20%
* Properties owned include those owned wholly, or owned partially or jointly with others.

Foreigners Eligible for ABSD Remission under Free Trade Agreements (FTAs)

Conditions for Remission Under the respective FTAs, Nationals or Permanent Residents of the following countries will be accorded the same Stamp Duty treatment as Singapore Citizens:

  1. Nationals and Permanent Residents of Iceland, Liechtenstein, Norway or Switzerland
  2. Nationals of the United States of America

FAQs

FREQUENTLY ASKED QUESTIONS

For purchase by Singapore Citizens (SC)

For purchase by SC and others (Singapore Permanent Residents (SPR) and Foreigners (FR))

For purchase by non-SC

Property Type

Property Count

Payment

Others

Source From IRAS

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