Property Tax Explain By Singapore Property Agent

Property tax is a wealth tax on you property. Whether the property is for own stay or for rental you have to pay property tax. The amount of tax is determine by the property Annual Value (AV) multiple by the prevailing tax rate.

Property Annual Value

Singapore Tax Authority – Inland Revenue Authority of Singapore (IRAS) determine the property annual value (AV) basing on rentals of similar properties.  You can find the AV of your property by login into your personal mytax portal. In your tax portal go to Property -> View Property Portfolio then click on View Details

How to find your property annual value By Singapore Porperty Agent

You will directed to your property portfolio page where your property annual value with be shown at the bottom.

How to find out your property annual value by Singapore Best Property Agent
Alternatively, you can verify the property annual value at IRAS home page at iras.gov.sg. Go to E-services -> Property -> Property Professionals -> Check Annual Value of Property.
Check Property Annual Value At Iras Portal

The amount of property tax payable is the Annual Value multiple by the Tax Rate in the table below.

Tax Rate Owner Occupier
Annual ValueTax Rate
First $80000 %
Next $47,0004 %
Next $5,0006 %
Next $10,0006 %
Next $15,0008 %
Next $15,00010 %
Next $15,00012 %
Next $15,00014 %
AV In Excess of $130,00016 %
Tax Rate Non-Owner Occupier
Annual ValueTax Rate
First $30,00010 %
Next $15,00012 %
Next $15,00014 %
Next $15,00016 %
Next $15,00018 %
AV In Excess of $90,00020 %
– %
– %
– %

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