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Building and Construction Authority

Additional Buyer Stamp Duty (ABSD) Extension for projects that aim to achieve higher productivity targets

Gives eligible licensed housing developers a six-month extension to ABSD remission timelines when approved productivity improvements are demonstrated.

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Facts last checked on , confirm on the agency site before applying.

Recorded status: Accepting applications now

Who qualifies

  • Must be registered in Singapore.
  • Applies to licensed Housing Developers with residential land bought on or after 6 March 2025.
  • The PSIP must demonstrate at least 40% productivity improvement against the 2010 base figure for private residential typology.
  • The PSIP must include standardisation, robotics and automation with minimum 50% trade coverage, and adoption of at least seven Collaborative Contracting Principles.

What it funds

  • Automation, robotics, equipment upgrades for productivity
  • R&D, product development, prototyping, IP

Costs covered: Hardware, machinery, IT equipment; Third-party consultant or professional service fees; Explain in notes.

Payment: Delivered as a tax deduction, allowance or credit.

How to apply

Submit the Project Specific Implementation Plan (PSIP) to BCA by email at ABSD_BE_ITM@bca.gov.sg, beginning no later than three months after URA clearance of Design Gateway and before Piling/Construction Gateway where applicable.

  1. Prepare the Project Specific Implementation Plan.
  2. Submit the first PSIP to BCA within the stated CORENET X timing.
  3. Respond to feedback through up to three PSIP submissions, with the final submission at Construction Gateway.
  4. BCA assesses the final PSIP; IRAS separately notifies the applicant of the ABSD remission extension outcome.

Documents

  • Project Specific Implementation Plan (PSIP) — The page links the official template. Agency document ↗
  • Site layout plans and other drawings — Official document name; format is not stated.
  • Breakdown of productivity contribution of proposed initiatives — Official document name; format is not stated.

Processing time: BCA will inform applicants of the outcome upon clearance of Construction Gateway.

Claiming support

Submit half-yearly progress reports during construction and a final report after completion of construction.

During the construction stage and after completion of construction.

Contact: ABSD_BE_ITM@bca.gov.sg

Application window: The page states no application opening or closing date; the 6 March 2025 date is a land-purchase eligibility condition, and PSIP timing is tied to each project's CORENET X gateways.

Sources & last checked

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