What are the abds rates

The current Additional Buyer’s Stamp Duty (ABSD) rates in Singapore, effective from 27 April 2023, are as follows:

- Singapore Citizens:
1st residential property: 0%
2nd residential property: 20%
3rd and subsequent residential properties: 30%

- Singapore Permanent Residents (PRs):
1st residential property: 5%
2nd residential property: 30%
3rd and subsequent residential properties: 35%

- Foreigners:
Any residential property: 60%

- Entities (including companies and trusts):
Any residential property: 65%

For residential properties purchased through a trust, ABSD is 65%. The amount payable is based on the higher of the purchase price or market value of the property.

You can use the EdgeProp Singapore ABSD calculator to compute the exact duty for your specific case.