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Singapore: Personal Taxation

Property Tax

This page was last updated on 27 April 2021.

Property tax is charged on immovable property, including houses, building and land. From 1 January 2015, residential properties have been charged on two progressive scales, based on annual value and depending on whether the property is owner-occupied or not.

 Owner-Occupier Property Tax Rates


Annual Value (SGD)

Rate

Tax Payable (SGD)

First 8,000

Nil

0

8,000-55,000

4%

1,880

55,000-70,000

6%

900

70,000-85,000

8%

1,200

85,000-100,000

10%

1,500

100,000-115,000

12

1,800

115,000-130,000

14

2,100

130,000+

16

-

Non-Owner-Occupier Property Tax Rates


Annual Value (SGD)

Rate

Tax Payable (SGD)

First 30,000

10%

3,000

30,000-45,000

12%

1,800

45,000-60,000

14%

2,100

60,000-75,000

16%

2,400

75,000-90,000

18%

2,700

90,000+

20%

-

Certain types of property are excluded from this category. These include serviced apartments, chalets and welfare homes.

Tax on commercial and industrial properties remains at a flat rate of 10% of the annual value.

 

 

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