Singapore Stamp Duty Calculator — Buyer Stamp Duty and ABSD
Calculate Singapore BSD and ABSD on property purchases. See progressive rates for citizens PRs and foreigners with 2026 IRAS thresholds.
Property buyers in Singapore pay two stamp duties administered by IRAS: Buyer Stamp Duty (BSD) and Additional Buyer Stamp Duty (ABSD). BSD is progressive: 1% on the first SGD 180000; 2% on the next SGD 180000; 3% on the next SGD 640000; 4% on the next SGD 500000; 5% on the next SGD 1500000; and 6% on amounts above SGD 3000000. ABSD is a cooling-measure surcharge: Singapore Citizens pay 0% on their first residential property 20% on the second and 30% on the third and beyond. Permanent Residents pay 5% on the first and 30% on the second. Foreigners pay 60% on any residential purchase — one of the highest property taxes globally. Both duties are payable within 14 days of the sale and purchase agreement.
How much stamp duty on a SGD 2M property in Singapore?
For a SGD 2000000 property BSD is: 1% × 180000 (SGD 1800) + 2% × 180000 (SGD 3600) + 3% × 640000 (SGD 19200) + 4% × 500000 (SGD 20000) + 5% × 500000 (SGD 25000) = SGD 69600. If you are a Singapore Citizen buying your first home you pay just SGD 69600 total. If it is your second home add 20% ABSD (SGD 400000) = SGD 469600. A foreigner buying the same property pays SGD 69600 + 60% ABSD (SGD 1200000) = SGD 1269600 — more than 63% of the property price in stamp duties.
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How Tax Calculation Works
Income tax is calculated on your total taxable income after deducting eligible exemptions and deductions from your gross income. The tax is applied progressively — you pay a lower rate on initial income slabs and higher rates only on income that exceeds each threshold. This means moving into a "higher tax bracket" does not mean your entire income is taxed at the higher rate. Understanding marginal vs effective tax rate is crucial: your marginal rate applies only to the last rupee earned, while your effective rate is the average across all slabs.
Tax-Saving Strategies
Under the old regime, maximize deductions: Section 80C allows up to Rs 1.5 lakh through PPF, ELSS, EPF, and life insurance. Section 80D covers health insurance premiums up to Rs 25,000 (Rs 50,000 for senior citizens). Section 80CCD(1B) offers an additional Rs 50,000 deduction for NPS contributions. Home loan interest up to Rs 2 lakh is deductible under Section 24. Under the new regime, the Rs 75,000 standard deduction and lower slab rates may save you more if your total deductions are below Rs 3.75 lakh. Calculate under both regimes before choosing.
Key Information
| Parameter | Details |
|---|---|
| BSD Top Rate | 6% above SGD 3M |
| ABSD (Citizen 2nd Property) | 20% |
| ABSD (Foreigner) | 60% |
| Payment Deadline | 14 days from contract date |
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Use Calculator NowFrequently Asked Questions
How much stamp duty on a SGD 2M property in Singapore?
For a SGD 2000000 property BSD is: 1% × 180000 (SGD 1800) + 2% × 180000 (SGD 3600) + 3% × 640000 (SGD 19200) + 4% × 500000 (SGD 20000) + 5% × 500000 (SGD 25000) = SGD 69600. If you are a Singapore Citizen buying your first home you pay just SGD 69600 total. If it is your second home add 20% ABSD (SGD 400000) = SGD 469600. A foreigner buying the same property pays SGD 69600 + 60% ABSD (SGD 1200000) = SGD 1269600 — more than 63% of the property price in stamp duties.
Who qualifies for ABSD remission?
Several categories can apply for ABSD remission: married couples with at least one Singapore Citizen spouse buying their first matrimonial home (full remission); Singapore Citizens or PRs selling their first residential property within 6 months of buying a replacement (refund of ABSD paid on the replacement); developers meeting the Qualifying Certificate conditions. Foreigners from countries with Free Trade Agreements (USA Iceland Liechtenstein Norway Switzerland) enjoy the same ABSD rates as Singapore Citizens. Documentation and strict timelines apply — consult a conveyancing lawyer before assuming any remission.
Do I pay stamp duty on HDB flats?
Yes HDB flats are subject to the same BSD progressive schedule as private property. However most HDB purchases fall below SGD 1 million so BSD is typically SGD 24600 or less. First-time citizen buyers of HDB flats are exempt from ABSD since it is their first residential property. Resale HDB flats attract BSD just like new BTO flats. The stamp duty is usually paid from CPF Ordinary Account funds at the point of signing the Option to Purchase or the Sale and Purchase Agreement.
Which tax regime should I choose — old or new?
Choose the new regime if your total deductions are below Rs 3.75 lakh. Choose the old regime if you claim HRA, 80C (Rs 1.5L), 80D, home loan interest, and NPS totaling more than Rs 3.75 lakh. Salaried employees can switch every year.
Is income up to Rs 12 lakh really tax-free?
Under the new regime for FY 2025-26, income up to Rs 12 lakh is effectively tax-free due to Section 87A rebate. After Rs 75,000 standard deduction, taxable income is Rs 11.25 lakh which qualifies for full rebate. However, income even slightly above Rs 12 lakh loses this entire benefit.
How can I save more tax legally?
Under the old regime, maximize 80C (Rs 1.5L via PPF, ELSS, EPF), 80D (Rs 25K-50K for health insurance), 80CCD(1B) (Rs 50K for NPS), HRA exemption, and home loan interest (Rs 2L under Section 24).
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Last updated: March 2026