On this page:
When is ABSD Payable
Additional Buyer’s Stamp Duty (ABSD), like the normal buyer’s stamp duty (BSD), is payable within 14 days of :
(i) Date of exercise of Option to Purchase (OTP) or Contract; or
(ii) Date of Sale & Purchase Agreement (where no OTP is granted); or
(iii) Date of transfer where (i) and (ii) are not available nor applicable
If the contract, agreement or transfer is signed overseas, ABSD is payable within 30 days of the receipt of such documents in Singapore.
Back to Top
Date of Stamping and Payment Due Date
A document is considered to be duly stamped only when stamp duty is fully paid. The full amounts of BSD and ABSD must be paid within 14 days of the Contract or Agreement or Transfer, whichever is the earliest. Where the document is executed overseas, BSD and ABSD must be paid within 30 days of the receipt of the Document in Singapore.
Where BSD and ABSD are payable on the same document, you should pay both BSD and ABSD using the same form named 'Sale and Purchase of Immovable Property (With Additional Buyer’s Stamp Duty)' available at our e-Stamping website. The form is located under the header of ‘Sale & Purchase of Immovable Properties’. Please do not use separate forms for paying BSD and ABSD on the same document because only one stamp certificate would be issued for the document.
ABSD Declaration Form
All buyers of residential properties (except entities) are required to fill in an an ABSD for Residential Properties Declaration Form (86 KB), to be witnessed by their lawyers.
The completion of this form is mandatory.
Law firms are advised to retain the original declaration forms. These forms need not be submitted to IRAS, but IRAS may request for them for audit purposes. If the buyers are liable to pay ABSD, law firms are to fax a copy of the completed declaration form to IRAS at Fax no. 6351 3694.
Back to Top
Implications of Non-payment of ABSD
If the buyer or transferee is liable but fails to pay ABSD, the document is considered not duly stamped. Non-stamping of document without any lawful excuse is an offence.
Audit checks will be conducted. If IRAS discovers any case of unpaid ABSD, it would recover the unpaid duty with penalties imposed. Under the Stamp Duties Act, a penalty of 4 times the amount of unpaid duty can be imposed.
Back to Top