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**Additional Buyer's Stamp Duty (ABSD) applies to Permanent Residents (PRs) in Singapore buying residential properties, with rates based on the number of properties owned.** For PRs purchasing their **first residential property**, the ABSD rate is **5%** of the purchase price or market value (whichever is higher). For a **second residential property**, the rate rises to **30%**, and for **third or subsequent properties**, it is **35%**. These rates, effective since 27 April 2023, are paid on top of the standard Buyer's Stamp Duty (BSD) and remain unchanged as of 2026. When buying jointly with others (e.g., a Singapore Citizen), the highest applicable rate among buyers applies to the full property value. ABSD must be paid within 14 days of signing the sale agreement, and PR status is determined at the purchase date. For EdgeProp Singapore listings, use their tools to calculate total stamp duties accurately before buying.Thank you for reaching out to EdgeProp Buddy. For detailed insights, it's always a good idea to consult with a real estate professional on topics like this.