What is Property Tax (SG)?
ANSWER AT : DEC 2025
Property tax is a yearly tax paid by property owners, based on the property’s Annual Value (AV). It is administered by Inland Revenue Authority of Singapore (IRAS).
Step 1: Find the Annual Value (AV)
AV = estimated yearly rent the property can fetch (excluding furniture and maintenance)
IRAS determines AV; owners can check it on the IRAS portal
Step 2: Identify Property Use
Property tax rates depend on whether the home is:
Owner-Occupied Residential
Non-Owner-Occupied Residential (rented out, vacant, or investment)
Step 3: Apply 2025 Property Tax Rates
Owner-Occupied Residential Rates (2025)
Progressive rates based on AV:
Annual Value (AV) Tax Rate
First $8,000 0%
Next $47,000 4% – 16%
Above $55,000 Up to 32%
Non-Owner-Occupied Residential Rates (2025)
Annual Value (AV) Tax Rate
First $30,000 12%
Above $30,000 Up to 36%
Step 4: Calculate the Tax
Apply the progressive rates tier by tier, not a flat rate.
Example (Owner-Occupied)
AV: $40,000
First $8,000 → 0% = $0
Remaining $32,000 → taxed progressively
Estimated property tax: ~$1,120 per year
Example (Non-Owner-Occupied)
AV: $40,000
Taxed at higher progressive rates
Estimated property tax: ~$4,200 per year
Key Notes
Property tax is payable annually
GIRO monthly instalments are available
Rates shown apply to 2025, unless policy changes occur
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