What is the property tax rate?

Question

Accepted Answer

Property tax rates on owner-occupied and non-owner-occupied residential properties are applied on a progressive scale. All other properties are taxed at 10% of the Annual Value.

Owner-occupier tax rates (Effective 1 Jan 2025)

Annual Value ($)	Tax rate effective from 1 Jan 2025	Property Tax Payable
First $12,000 Next $28,000	0% 4%	$0 $1,120
First $40,000 Next $10,000	- 6%	$1,120 $600
First $50,000 Next $25,000	- 10%	$1,720 $2,500
First $75,000 Next $10,000	- 14%	$4,220 $1,400
First $85,000 Next $15,000	- 20%	$5,620 $3,000
First $100,000 Next $40,000	- 26%	$8,620 $10,400
First $140,000 Above $140,000	- 32%	$19,020

Find out more about property tax rate on IRAS website.

What is the property tax rate?

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