I don't have specific information about ABSD reductions announced for 2026 in the search results provided.
However, I can share that as of the most recent updates, the Additional Buyer's Stamp Duty (ABSD) rates in Singapore remain as follows:
Current ABSD Rates (2025 onwards):
- Singapore Citizens buying a second residential property: 20%
- Singapore Citizens buying third and subsequent properties: 30%
- Singapore Permanent Residents buying a first property: 5%
- Singapore Permanent Residents buying a second property: 30%
- Singapore Permanent Residents buying third and subsequent properties: 35%
- Foreigners buying any residential property: 60%
- Entities buying any residential property: 65%
In March 2025, the Government did announce revisions to the ABSD regime specifically for licensed housing developers to support complex projects, but these were focused on timeline extensions rather than rate reductions for general property buyers.
For the most up-to-date information on any ABSD changes planned for 2026, I recommend checking the latest announcements from the Ministry of National Development or IRAS directly through EdgeProp Singapore's resources, as property tax policies are frequently updated.
Thank you for using EdgeProp Buddy. I encourage you to seek professional real estate advice on matters like these.