ABSD is a tax charged on second and subsequent property purchases for a buyer. The charge differs depending on the residency status of the buyer, meaning whether you’re a Singaporean citizen, permanent resident or a foreigner.
| Type | 1st Residential Properties | 2nd Residential Properties | 3rd Residential Properties |
| Singapore Citizen | N/A | 12% | 15% |
| Permanent Residents | 5% | 15% | 15% |
| Foreigner & Corporate Entities | 20% | 20% | 20% |
Seller’s stamp duty (SSD) Those who purchase residential land or property on or after 20 Feb 2010, and sell them within the holding period are liable to pay Seller’s Stamp Duty (SSD)
| Date of Purchase | Holding Period | SSD Rate (on the actual price or market value- whichever higher |
| between 14/1/2011 till 10/03/2017 | up to 1 year | 16% |
| > than 1 year and up to 2 year | 12% | |
| > than 2 year and up to 3 year | 8% | |
| > than 3 year and up to 4 year | 4% | |
| > than 4 years | No SSD payable | |
| On and after 11 Mar 2017 | up to 1 year | 12% |
| > than 1 year and up to 2 year | 8% | |
| > than 2 year and up to 3 year | 4% | |
| > than 3 years | No SSD Payable |