ABSD rates have not changed since April 2023. The following rates apply as of Q2 2026, verified against the IRAS ABSD schedule.
Current ABSD Rates at a Glance
| Buyer Profile | 1st Property | 2nd Property | 3rd+ Property |
|---|---|---|---|
| Singapore Citizen (SC) | 0% | 20% | 30% |
| Singapore PR | 5% | 30% | 35% |
| Foreigner | 60% | 60% | 60% |
| Entity / Trust | 65% | 65% | 65% |
Rates verified as of Q2 2026. Source: IRAS.
The Joint Purchase Trap
The rule most agents get wrong: joint purchases use the highest applicable rate across all buyers on the full purchase price.
Example: An SC purchasing a second property with their SPR spouse. The SPR’s ABSD rate for a second property is 30%. That rate applies to the full purchase price — not just the SPR’s ownership share. A $1.5M property means $450,000 in ABSD — more than double what many clients expect.
Always clarify the citizenship status and existing property count for every buyer on the title before presenting numbers to your client.
When ABSD Does Not Apply — FTA Remissions
Nationals of the following countries are treated as Singapore Citizens for ABSD purposes:
- USA (USSFTA)
- Iceland, Liechtenstein, Norway, Switzerland (ESFTA)
These buyers pay 0% ABSD on their first residential property and the same rates as SCs for subsequent purchases. Keep this in mind for clients with US or European passports — it significantly changes the transaction cost picture.
ABSD Must Be Paid in Cash — No CPF
A common client question: “Can I use CPF to pay ABSD?” No. ABSD must be paid in cash within 14 days of the signed OTP or SPA. The same 14-day deadline applies to Buyer’s Stamp Duty (BSD).
When to Count a Property
ABSD is based on the number of residential properties owned at the time the OTP is granted — not at completion. Clients who are selling their current home while buying a new one need careful timing advice.
Get ABSD right before the client meeting. LEVR calculates ABSD instantly for any buyer profile — SC, SPR, foreigner, or entity — across all property ordinals. Rates are verified against the Q2 2026 IRAS schedule.