How much ABSD is required for a $1 million property purchase

The ABSD rates for residential properties are as follows:

Singapore Citizens
- 1st Property Purchase: 0%
- 2nd Property Purchase: 20%
- 3rd and subsequent Property Purchase: 30%

Singapore Permanent Resident
- 1st Property Purchase: 5%
- 2nd Property Purchase: 30%
- 3rd and subsequent Property Purchase: 35%

Foreigners:
- Any property purchase: 60%

Entities (Excl. Developers):
- Any Property Purchase: 65%

If a property is purchased by buyers of different profiles (e.g. one Singapore Citizen and one foreigner, or first-time property owner and 2nd property owner), then the ABSD will be calculated based on the buyer profile with the highest ABSD rate.

You can calculate your payments with EdgeProp's stamp duty calculator.