What are the Stamp Duties Payable for a Singapore PR vs a Foreigner?

Non-Singaporeans are eligible to purchase commercial and residential property in Singapore. When purchasing residential property, on top of Buyer Stamp Duty (BSD),  Additional Buyer Stamp Duty (ABSD) is also payable for property purchases in Singapore for PRs and foreigners.

Additional Buyer Stamp Duty (ABSD)Singapore PRForeigner
1st Residential property5%30%
2nd Residential property & subsequent25%30%
Updated 16th Dec 2021

However, if you are a citizen or PR of These Free Trade Agreement Countries:

  • Iceland
  • Liechtenstein
  • Norway
  • Switzerland
  • United States of America (only citizens; does not apply to PRs)

Under the respective Free Trade Agreements (FTAs), nationals or Permanent Residents of the following countries enjoy the same ABSD rates as Singaporeans.

In other words, they are exempted from ABSD for the first property, but will still need to pay ABSD for the second and subsequent properties.

How can I calculate my stamp duties payable?

Accurately calculate the stamp duties payable for your property transaction using a Stamp duty calculator.

For more information, you can visit the IRAS website here.