Additional Buyer Stamp Duty (ABSD) is applicable for all residential property purchase and is on top of the Buyer Stamp Duty. Your residential status in Singapore, whether it is a Singapore Citizens (SC) or a Singapore Permanent Resident (SPR) or a Foreginer (FR) together with the number of Singapore residential property you hold when you purchase this property will determine the ABSD rate.
|Profile of Buyer||ABSD|
|SC buying first residential property||No ABSD|
|SC buying second residential property||12 %|
|SC buying third and subsequent residential property||15 %|
|SPR buying first residential property||5 %|
|SPR buying second and subsequent residential property||15 %|
|Foreigners (FR) buying any residential property||20 %|
For more details please visit IRAS website for clarification.