Singapore Property for Foreign Buyers in 2026: ABSD at 60%, the Sentosa Cove Carve-Out, and the FTA Nationals Loophole That Saves Most Investors Half a Million Dollars

Published on: May 8, 2026

Quick answer: Singapore has no nationality restrictions on condominium purchases but charges foreigners 60% Additional Buyer's Stamp Duty (ABSD) on top of progressive Buyer's Stamp Duty, pushing total upfront tax above 63% on a S$2M condo. The decisive carve-out is that nationals of five Free Trade Agreement countries, the United States, Switzerland, Norway, Iceland, and Liechtenstein, are treated as Singapore citizens and pay 0% ABSD on a first property, saving roughly S