Singapore Property Tax — Local Information Archive

Property Tax for
Homeowners in Singapore

A structured reference on how Annual Value is determined, what progressive rates apply, and which concessions lower the bill for those who occupy their own homes.

Read the guides Send a question
0% Rate on first S$8,000 AV for owner-occupiers
32% Top marginal rate on non-owner-occupied residential
Jan 1 Annual payment due date for most residential properties
Reference articles

What this archive covers

Three detailed reads on the mechanics, concessions, and filing process behind Singapore's residential property tax system.

HDB flats in Singapore
Tax Mechanics

How Property Tax Is Calculated in Singapore

Annual Value, progressive rate schedules, and the step-by-step arithmetic behind every residential property bill — explained without jargon.

Updated Apr 2026 Read →
HDB estates at Punggol Waterway
Concessions & Rebates

Owner-Occupier Concessions on Singapore Property Tax

Lower rates, the 0% band, rebate schemes, and the specific conditions that determine whether a property qualifies for the owner-occupier tier.

Updated Apr 2026 Read →
Singapore HDB residential block
Filing & Deadlines

Filing Your Property Tax Declaration with IRAS

Step-by-step walkthrough of myTax Portal, the documents needed, how to object to your Annual Value, and what to do if you miss a deadline.

Updated Apr 2026 Read →
Quick reference

2024–2025 Residential Tax Rates

Singapore uses a progressive rate structure that differs depending on whether the owner lives in the property.

Owner-Occupier Rates

Annual Value (S$)Rate
First 8,0000%
Next 47,0004%
Next 15,0006%
Next 15,00010%
Next 15,00014%
Above 100,00020%

Applicable when the owner uses the property as their principal place of residence and has applied for the concession with IRAS.

Non-Owner-Occupied Rates

Annual Value (S$)Rate
First 30,00011%
Next 15,00016%
Next 15,00021%
Next 15,00027%
Above 75,00032%

Applies to investment properties, vacant units, and homes where the owner does not reside. Rates rose in 2023–2024 as part of property cooling adjustments.

What is Annual Value?

Annual Value (AV) is the estimated gross annual rent a property could fetch if it were put on the open market — excluding furniture and furnishings. IRAS determines the AV by studying comparable rental transactions in the same locality. For HDB flats, the AV typically ranges from S$9,000 to S$18,000 depending on flat type and location. For private condominiums and landed homes, the figure can be substantially higher.

AV is reviewed periodically. When market rents shift significantly, IRAS adjusts the AV, which in turn changes the tax bill. Owners who disagree with a revised AV have the right to file a formal objection within 30 days of the notice.

Contact

Send a question or
feedback

This archive is maintained as a reference resource. If you have a factual correction or want to share additional context on any of the topics covered, the form accepts messages year-round.

Email info@tansleycorner.com
Phone +65 6123 4567
Address 80 Robinson Road, #08-01
Singapore 068898
UEN 202512345A