What ABSD applies to Lucerne Grand?
Singapore Citizens buying first property pay 0% ABSD. Second property: 20%. PRs first property: 5%. Foreigners: 60%. Based on 2023-revised ABSD framework in effect for 2026 launches.
ABSD 2024–2026: What Lucerne Grand Buyers Must Know
The Additional Buyer’s Stamp Duty revised in April 2023 remains in force for all 2026 new launch purchases. Here is a clear breakdown by buyer profile.
| Buyer | 1st Property | 2nd Property | 3rd+ |
|---|---|---|---|
| Singapore Citizen | 0% | 20% | 30% |
| Singapore PR | 5% | 30% | 35% |
| Foreigner | 60% | 60% | 60% |
ABSD Cost Examples
SC first property, 2BR at S$1.55M: BSD ~S$42,600 | ABSD S$0 | Total ~S$42,600
SC second property, 2BR at S$1.55M: BSD ~S$42,600 | ABSD S$310,000 | Total ~S$352,600
PR first property, 2BR at S$1.55M: BSD ~S$42,600 | ABSD S$77,500 | Total ~S$120,100
3 Strategies to Reduce ABSD
1. Sell Before You Buy (ABSD Remission)
SC couples upgrading from HDB or private property can apply for ABSD remission by selling existing home within 6 months of new purchase completion — effectively a 20% ABSD rebate.
2. Decouple Ownership
Married joint-property owners can transfer one spouse’s share to the other (paying only BSD and legal fees), leaving one spouse “clean” as first-time buyer for Lucerne Grand.
3. PR-to-Citizen Conversion
PRs obtaining citizenship before exercising the Option to Purchase save 5% ABSD — worth S$77,500 on a S$1.55M unit.
Get the latest pricing & floor plans — WhatsApp Alvin now
wa.me/6584888648
Alvin Tan | CEA Reg. No. R072324C | ERA Realty Network Pte Ltd (L3002382K)
BSD Reference
| Price Band | BSD Rate |
|---|---|
| First S$180,000 | 1% |
| Next S$180,000 | 2% |
| Next S$640,000 | 3% |
| Next S$500,000 | 4% |
| Next S$1,500,000 | 5% |
| Remaining | 6% |
Get the latest pricing & floor plans — WhatsApp Alvin now
wa.me/6584888648
Alvin Tan | CEA Reg. No. R072324C | ERA Realty Network Pte Ltd (L3002382K)
???? Get a Free Property Valuation from Alvin
Need an honest, data-driven valuation on this project, your existing property, or a comparison? WhatsApp Alvin Tan directly — CEA-licensed, ERA Realty, no obligation. Same-day reply during office hours.
- ✅ Free showflat priority booking
- ✅ ABSD + BSD + financing eligibility analysis
- ✅ Floor plan packs & price list (where available)
- ✅ HDB upgrader pathway planning
