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 to the property's purchase price or market value, whichever is higher. First-property purchases by citizens attract no ABSD, while a third or subsequent property is taxed at 30%. These rates have applied since 27 April 2023.
The full rules
ABSD rates by buyer profile
ABSD is charged on the higher of the purchase price or market value.
| Buyer profile | 1st property | 2nd property | 3rd+ property |
| Singapore Citizen | 0% | 20% | 30% |
| Permanent Resident | 5% | 30% | 35% |
| Foreigner | 60% (any) | 60% | 60% |
| Entity | 65% (any) | 65% | 65% |
These rates have applied since 27 April 2023.
Free trade agreement exemption
Nationals of the USA, and nationals and PRs of Switzerland, Iceland, Liechtenstein and Norway are treated as Singapore Citizens for ABSD purposes under free trade agreements.
Worked example
Worked example: citizen buying a second home
Suppose you are a Singapore citizen already owning one property, and you buy a second home valued at $1,500,000.
| Item | Amount |
| Purchase price / market value | $1,500,000 |
| ABSD rate (citizen, 2nd property) | 20% |
| ABSD payable | $300,000 |
This ABSD is payable on top of the standard Buyer's Stamp Duty. If the market value were higher than the price, ABSD would be charged on the market value instead.
What this means for you
First-time citizen buyer
If this is your only property, you pay no ABSD. The 20% rate only applies once you are buying a second property while keeping the first.
Citizen upgrading homes
If you plan to sell your current home and buy a replacement, you may be able to claim ABSD remission on the second purchase. Confirm the conditions and timelines with IRAS before you commit.
Citizen buying a third property
If you already own two properties, your next purchase is taxed at 30% rather than 20%.
Related questions
What ABSD does a citizen pay on a first property?
Nothing. Singapore citizens pay 0% ABSD on their first residential property. The 20% rate only applies from the second property onwards.
Is ABSD based on the price or the valuation?
ABSD is calculated on the higher of the purchase price or the market value of the property.
Can I avoid the second-property ABSD if I'm upgrading?
Citizens replacing their only home may qualify for ABSD remission under certain conditions. Check your eligibility and the timelines directly with IRAS.
Do US nationals pay the foreigner ABSD rate?
No. Under free trade agreements, US nationals, and nationals and PRs of Switzerland, Iceland, Liechtenstein and Norway are treated as Singapore Citizens for ABSD.
What does a citizen pay on a third property?
A Singapore citizen pays 30% ABSD on a third or subsequent residential property, up from 20% on the second.
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 2026-10-19