What are the ABSD and SD for a Malaysian PR buying a $1.2M condo

For a Malaysian Permanent Resident buying a $1.2M condo, the stamp duties are as follows:

Buyer's Stamp Duty (BSD)

• First $180,000: 1% = $1,800
• Next $180,000: 2% = $3,600
• Next $640,000: 3% = $19,200
• Remaining $200,000: 4% = $8,000

Additional Buyer's Stamp Duty (ABSD)

• As a Permanent Resident buying a 1st property: 5% of $1,200,000 = $60,000

Total Stamp Duties

• BSD: $32,600
• ABSD: $60,000