Who Can Buy Bedok Rise Residences, and How Does ABSD Change the Cost?

Published 26 September 2026 · Bedok Rise Residences Insights

Anyone can buy a home at Bedok Rise Residences: Singapore Citizens, permanent residents, foreigners and companies alike, because it is a private condominium rather than an HDB flat or an executive condominium. What changes from one buyer to the next is the cost, and the single biggest variable is Additional Buyer's Stamp Duty.

Why Bedok Rise Residences Is Open to Every Buyer

Bedok Rise Residences sits on a Government Land Sales parcel zoned Residential and sold for private housing on a 99-year lease. Private condominium units in Singapore carry no citizenship, income or first-timer conditions of the kind that apply to HDB flats and executive condominiums. There is no income ceiling, no minimum occupation period and no requirement to form a family nucleus. A single professional, a young couple, an upgrading HDB household, a foreign executive and a company can all buy.

Foreign buyers in particular should note the distinction between a condominium unit and landed property. Foreigners generally need government approval to buy landed homes, but an apartment in a condominium development such as Bedok Rise Residences can be bought without that approval.

How ABSD Changes the Bill

Every buyer pays Buyer's Stamp Duty on the tiered scale set out on the stamp duty page. Additional Buyer's Stamp Duty is layered on top and depends on who is buying and what they already own. The rates in force since 27 April 2023 are:

• Singapore Citizens: 0% on a first residential property, 20% on a second, 30% on a third or subsequent.
• Permanent residents: 5% on a first, 30% on a second, 35% on a third or subsequent.
• Foreigners: 60% on any residential property.
• Entities and trusts: 65% on any residential property.

The difference between those bands dwarfs almost every other cost of buying. A citizen buying a first home pays Buyer's Stamp Duty alone; the same citizen buying a second home pays a further 20 per cent of the price. That is why the order in which an upgrader sells and buys matters so much.

Couples, Upgraders and the ABSD Refund

Married couples with at least one Singapore Citizen spouse, buying jointly and owning no other residential property, receive full remission of ABSD. A couple who already own one home and buy a second before selling it can pay the ABSD upfront and claim a refund if the first home is sold within six months — for a home bought before completion, six months from its Temporary Occupation Permit. The conditions are strict and are administered by the Inland Revenue Authority of Singapore, so the timeline deserves careful planning with a lawyer.

For HDB upgraders, the sequence is usually the practical question. Selling the flat first restores the zero-per-cent ABSD position and the highest loan tier; buying first can work for married citizen couples through the refund mechanism, provided the flat is sold in time.

Foreign Buyers and Free Trade Agreements

Nationals and permanent residents of the United States, and nationals of Iceland, Liechtenstein, Norway and Switzerland, receive the same ABSD treatment as Singapore Citizens under free trade agreements. For a buyer from those countries, the ABSD position on a first home at Bedok Rise Residences is the same as a citizen's.

Buying Through a Company or a Trust

Entities and trusts pay ABSD at 65 per cent on any residential purchase, and that rate generally makes corporate ownership of a single home uneconomic compared with buying in personal names. There are narrow exceptions and remission schemes, for example for licensed housing developers, but they are specialised and seldom relevant to someone buying a home to live in or to hold. Anyone considering a company or trust structure should take tax and legal advice before committing, since the stamp duty consequences are decided at the moment of purchase and cannot be undone afterwards.

Financing Conditions by Buyer Type

The Monetary Authority of Singapore's loan rules apply in the same way to citizens, permanent residents and foreigners borrowing from a Singapore bank: the Total Debt Servicing Ratio caps all monthly debt repayments at 55 per cent of income, and the Loan-to-Value limit depends on how many housing loans the borrower already has. Banks do set their own policies for foreign borrowers, such as the documents they require for overseas income and the currency of that income, so foreign buyers in particular benefit from an in-principle approval early. The housing loan page sets out the limits, and the Sales Concierge can point you to banks active in new-launch financing.

Taken together, the buyer profile decides three things at once: the ABSD rate, the loan tier and the minimum cash payment. Settling all three before the preview makes the rest of the process straightforward.

Working Out Your Own Position

The stamp duty calculator applies the current Buyer's Stamp Duty tiers and the ABSD rate for any of the eight buyer profiles, and the progressive payment calculator adds the duty to the full cash requirement at each construction stage. The loan side is covered by the TDSR calculator. Rates quoted here are as at September 2026 and are worth re-checking at the point of purchase.