How much ABSD do foreigners pay in Singapore?
Foreigners pay 60% Additional Buyer's Stamp Duty (ABSD) on any residential property purchase in Singapore, including their first. This applies on top of standard Buyer's Stamp Duty. One key exception: nationals of the USA, and nationals/PRs of Switzerland, Iceland, Liechtenstein and Norway are treated as Singapore Citizens under free trade agreements, so they pay 0% on a first home.
The full rules
ABSD Rates by Buyer Profile
Rates effective from 27 April 2023.
| Buyer profile | 1st property | 2nd property | 3rd or more |
| Singapore Citizen | 0% | 20% | 30% |
| Permanent Resident (PR) | 5% | 30% | 35% |
| Foreigner | 60% | 60% | 60% |
| Entity | 65% | 65% | 65% |
Foreigners pay a flat 60% ABSD on every residential purchase, regardless of whether it is their first, second or subsequent property.
Free Trade Agreement (FTA) exception
Nationals of the USA, and nationals/PRs of Switzerland, Iceland, Liechtenstein and Norway are treated as Singapore Citizens for ABSD purposes. This means they follow the Citizen rates (0% on a first home) rather than the 60% foreigner rate.
ABSD is charged on top of the standard Buyer's Stamp Duty. The rates above are not covered for Buyer's Stamp Duty itself in the provided data.
Worked example
Worked Example
Scenario: A foreigner (not covered by any FTA) buys a private condominium priced at S$2,000,000 — their first property in Singapore.
| Item | Calculation | Amount |
| Purchase price | — | S$2,000,000 |
| ABSD rate (foreigner) | 60% | — |
| ABSD payable | 60% × S$2,000,000 | S$1,200,000 |
The foreigner pays S$1,200,000 in ABSD alone, on top of the standard Buyer's Stamp Duty (not detailed in the provided data).
By contrast, a US national buying the same first property would be treated as a Singapore Citizen and pay 0% ABSD.
What this means for you
Foreign national (no FTA)
You pay 60% ABSD on any residential property, including your first. On a S$2,000,000 home that is S$1,200,000.
US national, or Swiss/Icelandic/Liechtenstein/Norwegian national or PR
You are treated as a Singapore Citizen under an FTA: 0% on your first property, 20% on your second, 30% on your third or more.
Buying through a company or entity
Entities pay 65% ABSD on any residential purchase — higher than the individual foreigner rate.
Related questions
What ABSD rate do foreigners pay in Singapore?
Foreigners pay 60% ABSD on any residential property purchase, including their first, effective from 27 April 2023.
Do foreigners pay less ABSD on their first home?
No. The 60% foreigner rate applies to the first property and every subsequent one. There is no lower rate for a first purchase.
Are any foreigners exempt from the 60% rate?
Yes. Nationals of the USA, and nationals/PRs of Switzerland, Iceland, Liechtenstein and Norway are treated as Singapore Citizens under free trade agreements, so they follow Citizen rates.
How much ABSD does a company pay?
An entity pays 65% ABSD on any residential property purchase, which is higher than the 60% rate for individual foreigners.
Is ABSD the only stamp duty foreigners pay?
No. ABSD is charged on top of the standard Buyer's Stamp Duty. The Buyer's Stamp Duty rates are not covered in the data provided here.
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