The yearly rent your property could fetch, as set by IRAS. Check it on the myTax Portal.
Owner-occupiers pay lower rates (0%-32%). Others pay 12%-36%.
Sets the one-off 2026 rebate: 15% for HDB flats, 10% (capped at $500) for private homes.
The 2026 rebate is taken off your bill automatically by IRAS. Rented-out and vacant properties do not get a rebate.
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Annual Tax Payable
$864.00
Per Month
$72.00
Effective Rate on AV
2.40%
| AV Band | Rate | Amount in Band | Tax |
|---|---|---|---|
| $0 - $12,000 | 0% | $12,000 | $0.00 |
| $12,000 - $36,000 | 4% | $24,000 | $960.00 |
| Total before rebate | $960.00 | ||
If you live in it
$864.00
After the 2026 rebate of $96.00
If it is rented out / vacant
$4,800.00
No rebate applies
Living in your own home saves $3,936.00 a year at this Annual Value.
Owner-Occupier
| First $12,000 | 0% |
| Next $28,000 | 4% |
| Next $10,000 | 6% |
| Next $25,000 | 10% |
| Next $10,000 | 14% |
| Next $15,000 | 20% |
| Next $40,000 | 26% |
| Above $140,000 | 32% |
Non-Owner-Occupier
| First $30,000 | 12% |
| Next $15,000 | 20% |
| Next $15,000 | 28% |
| Above $60,000 | 36% |
Owner-occupier rates from 1 January 2025; non-owner-occupier rates from 1 January 2024. Both apply to the 2026 tax year (IRAS).
Property tax is a yearly tax on owning property in Singapore. It is charged on the Annual Value (AV) — the rent your property could earn in a year, as estimated by IRAS. It is separate from income tax on rental income.
Owner-occupier rates: If you live in the home you own, the first $12,000 of AV is tax-free. The rest is taxed in bands from 4% up to 32% (on AV above $140,000). Most HDB owner-occupiers pay very little, and one- and two-room HDB flats usually pay nothing.
Non-owner-occupier rates: If the property is rented out or left vacant, higher rates apply: 12% on the first $30,000 of AV, then 20%, 28%, and 36% on the part above $60,000.
2026 rebate: For the 2026 bill, the Government gives a one-off rebate to owner-occupied homes: 15% for HDB flats and 10% (capped at $500) for private homes. IRAS applies it automatically.
Payment: Bills go out from December 2025 and payment is due by 31 January 2026. You can spread the cost over 12 months with GIRO at no extra charge.
What is Annual Value (AV)?
The Annual Value is the rent your property could earn in a year if it were rented out. IRAS sets it based on market rents of similar properties. It is not your actual rent and not the price of your home. You can check your AV for free on the IRAS myTax Portal.
Who gets the lower owner-occupier rates?
You get the lower rates if you own the home and live in it. The rates start at 0% on the first $12,000 of Annual Value and rise in steps to 32%. You can only have owner-occupier rates on one home at a time.
What rates apply if I rent out my property?
Properties that are rented out or left empty pay the higher non-owner-occupier rates. These start at 12% on the first $30,000 of Annual Value and rise to 36% on the part above $60,000.
What is the 2026 property tax rebate?
The Government is giving a one-off rebate for 2026. Owner-occupied HDB flats get 15% off their property tax. Owner-occupied private homes get 10% off, capped at $500. The rebate is taken off your bill automatically. Rented-out properties do not get a rebate.
When do I pay my property tax?
IRAS sends property tax bills from December each year. The 2026 bill is due by 31 January 2026. You can also pay by monthly GIRO instalments at no extra cost.
How is the tax worked out?
Property tax is charged on your Annual Value in bands, a bit like income tax. Each slice of the AV is taxed at its own rate, and the amounts are added up. This calculator shows the tax on each band so you can see exactly how the total is built.
Disclaimer: This calculator provides estimates based on current IRAS (Inland Revenue Authority of Singapore) rates and thresholds for Year of Assessment 2026. It does not constitute professional tax, financial, or legal advice. Your actual liability may differ depending on your individual circumstances. Always consult a qualified tax adviser before making financial decisions. Read our terms