How much ABSD does a PR pay on a second property?
A Singapore Permanent Resident pays 30% Additional Buyer's Stamp Duty (ABSD) on a second residential property. This is charged on the higher of the purchase price or market value, and is paid on top of the standard Buyer's Stamp Duty. The rate applies from 27 April 2023. For a first property, a PR pays 5%.
The full rules
ABSD rates for Permanent Residents
ABSD is calculated on the higher of the purchase price or market value, and is paid in addition to the standard Buyer's Stamp Duty.
| Property count | PR ABSD rate |
| First property | 5% |
| Second property | 30% |
| Third and subsequent | 35% |
How other buyer profiles compare
| Buyer profile | First | Second | Third+ |
| Singapore Citizen | 0% | 20% | 30% |
| Permanent Resident | 5% | 30% | 35% |
| Foreigner | 60% (any) | — | — |
| Entity | 65% (any) | — | — |
These rates apply from 27 April 2023.
Note: Nationals of the USA, and nationals/PRs of Switzerland, Iceland, Liechtenstein and Norway are treated as Singapore Citizens for ABSD under free trade agreements.
Worked example
Worked example
A PR buying a second residential property priced at $1,500,000 (with market value no higher than the price):
| Item | Calculation | Amount |
| ABSD rate (PR, second property) | 30% | |
| ABSD payable | 30% × $1,500,000 | $450,000 |
This is on top of the standard Buyer's Stamp Duty, which is calculated separately.
What this means for you
PR buying a first home
You pay 5% ABSD on your first residential property.
PR buying a second property
You pay 30% ABSD on the second property, charged on the higher of price or market value. Keep this in mind when budgeting alongside your deposit and loan.
US national or Swiss/Icelandic/Liechtenstein/Norwegian national or PR
Under free trade agreements you are treated as a Singapore Citizen for ABSD. That means 0% on a first property and 20% on a second. Confirm your eligibility with IRAS.
Related questions
What ABSD does a PR pay on a second property?
A PR pays 30% ABSD on a second residential property, calculated on the higher of the purchase price or market value.
Is ABSD charged on the price or the market value?
ABSD is charged on the higher of the purchase price or the market value of the property.
What does a PR pay on a first property?
A PR pays 5% ABSD on a first residential property.
Can a PR ever be treated as a citizen for ABSD?
PRs of Switzerland, Iceland, Liechtenstein and Norway are treated as Singapore Citizens for ABSD under free trade agreements. Confirm your status with IRAS.
Is ABSD the only stamp duty I pay?
No. ABSD is paid on top of the standard Buyer's Stamp Duty, which is calculated separately. Check the full amount with IRAS.
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