How much ABSD does a citizen pay on a second property?
A Singapore citizen pays 20% Additional Buyer's Stamp Duty (ABSD) on the purchase of a second residential property. This rate applies from 27 April 2023 and is calculated on the higher of the purchase price or market value. Citizens pay 0% ABSD on their first property, so the 20% charge applies only from the second property onwards.
The full rules
ABSD rates for Singapore Citizens
Rates below are effective from 27 April 2023 and apply to the higher of purchase price or market value.
| Property count | Citizen ABSD rate |
| First property | 0% |
| Second property | 20% |
| Third and subsequent | 30% |
How other profiles compare
| Profile | First | Second | Third+ |
| Singapore Citizen | 0% | 20% | 30% |
| Permanent Resident | 5% | 30% | 35% |
| Foreigner | 60% (any) | 60% | 60% |
| Entity | 65% (any) | 65% | 65% |
Free trade agreement note: Nationals of the USA, and nationals/PRs of Switzerland, Iceland, Liechtenstein and Norway are treated as Singapore Citizens for ABSD.
Worked example
Worked example: citizen buying a second property
A Singapore citizen who already owns one home buys a second residential property valued at $1,500,000.
| Item | Value |
| Purchase price / market value | $1,500,000 |
| Citizen ABSD rate (second property) | 20% |
| ABSD payable | $300,000 |
ABSD is charged on top of Buyer's Stamp Duty. This example covers ABSD only, as Buyer's Stamp Duty rates are not included in the provided data.
What this means for you
Citizen upgrading, keeping the first home
If you keep your existing property and buy a second, the 20% ABSD applies to the second purchase. Selling your first property before buying may let you qualify for the 0% first-property rate — check timing carefully.
Citizen married to a Permanent Resident
The rate depends on how the purchase is structured and whose profile applies. A joint purchase involving a PR can attract the higher of the applicable rates. The provided data does not detail joint-ownership rules, so confirm with IRAS.
Citizen who is a national of a covered FTA country
If you are a US national, or a national/PR of Switzerland, Iceland, Liechtenstein or Norway, you are treated as a Singapore Citizen — so the same 0% / 20% / 30% rates apply.
Related questions
What ABSD rate applies to a citizen's second property?
20%, effective from 27 April 2023. It is calculated on the higher of the purchase price or the market value of the property.
Does a citizen pay ABSD on their first property?
No. Singapore citizens pay 0% ABSD on their first residential property. ABSD of 20% applies from the second property onwards.
What does a citizen pay on a third property?
A Singapore citizen pays 30% ABSD on the third and any subsequent residential property, up from 20% on the second.
Are any foreigners treated as citizens for ABSD?
Yes. US nationals, and nationals/PRs of Switzerland, Iceland, Liechtenstein and Norway are treated as Singapore Citizens for ABSD under free trade agreements.
Is ABSD based on price or valuation?
ABSD is calculated on the higher of the purchase price or the market value of the property.
More answers: Can a foreigner buy a condo in Singapore? · Can a PR buy a condo in Singapore? · Can a PR buy a resale HDB flat? · Can I buy a condo while owning an HDB flat?
Sources: IRAS — Additional Buyer's Stamp Duty · Last verified 2026-09-05