Property tax is a tax on the ownership of immovable properties in Singapore. It applies whether the property is occupied by the owner, rented out or left vacant and it is payable on a yearly basis.
It is computed by applying the applicable tax rate to the annual value (AV) of the property. The AV of buildings is the estimated gross annual rent of the property if it were to be rented out, excluding furniture, furnishings and maintenance fees. It is determined based on estimated market rentals of similar or comparable properties and not on the actual rental income received.
Property tax rates on owner-occupied and non-owner-occupied residential properties are applied on a progressive scale, as shown in the tables below. Owner-occupied
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Web page updated on 17 Mar 2025 13:51