Property Tax Calculator Singapore

Modify the values and click the calculate button to use
Property Type ?  
Annual Value ? SGD
Owner-Occupied ?  
Property Subtype ?  
Assessment Year ?  

  Property Details
Floor Area ? sqm
Purchase Price ? SGD
Current Market Value ? SGD
Property Age ? years
 

Annual Property Tax:   $2,400

  Amount (SGD) Rate
Tax Calculation Tax Amount Tax Rate
Annual Value $24,000 Base
First $8,000 (0%) $0 0.0%
Next $47,000 (4%) $640 4.0%
Next $15,000 (6%) $0 6.0%
Remaining Amount (10%) $0 10.0%
Total Property Tax $640 2.7%
97% 3% Annual Value Property Tax
Property Information Details
Property Type Residential
Owner-Occupied Yes
Assessment Year 2024
Effective Tax Rate 2.7%
Payment Schedule Amount
Monthly Payment $53
Quarterly Payment $160
Annual Payment $640

Property Tax Rate Structure

Annual Value Range 0% 4% 6% 10% 16% $0-8K $8K-55K $55K-70K $70K+ 0% 4% 6% 10%

Tax Rate Brackets     Property Comparison
Annual Value Range Tax Rate Your Tax Cumulative
First $8,000 0% $0 $0
Next $47,000 ($8,001-$55,000) 4% $640 $640
Next $15,000 ($55,001-$70,000) 6% $0 $640
Above $70,000 10% $0 $640
Total Tax 2.7% $640 $640


The Property Tax Calculator Singapore helps property owners calculate their annual property tax based on the Annual Value (AV) assessed by IRAS. This calculator uses the current progressive tax rate structure for both residential and non-residential properties in Singapore.

Property Tax in Singapore Overview

Property tax in Singapore is an annual tax levied on all properties based on their Annual Value (AV). The AV is the estimated gross annual rent that the property can fetch if it were to be rented out, excluding furniture, furnishings, and maintenance fees.

Property Tax Calculator Components

A comprehensive Singapore property tax calculation typically includes:

Property Tax Rate Structure 2024

Residential Properties (Owner-Occupied)

Annual Value Range Tax Rate Example Tax
First $8,000 0% $0
Next $47,000 ($8,001 - $55,000) 4% $1,880
Next $15,000 ($55,001 - $70,000) 6% $900
Above $70,000 10% Variable

Residential Properties (Non-Owner-Occupied)

Annual Value Range Tax Rate Example Tax
First $30,000 10% $3,000
Next $15,000 ($30,001 - $45,000) 12% $1,800
Next $15,000 ($45,001 - $60,000) 14% $2,100
Above $60,000 16% Variable

Non-Residential Properties

Annual Value Range Tax Rate Example Tax
All Annual Values 10% 10% of AV

Annual Value Assessment

How Annual Value is Determined

Annual Value by Property Type

Property Type Typical AV Range AV per sqft Effective Tax Rate
HDB 3-Room $8,000 - $15,000 $12 - $20 0% - 2.8%
HDB 4-Room $12,000 - $22,000 $12 - $22 1.3% - 3.5%
HDB 5-Room $18,000 - $30,000 $15 - $25 2.2% - 4.4%
Condominium $25,000 - $80,000 $25 - $60 3.4% - 6.8%
Landed Property $40,000 - $200,000+ $30 - $100+ 4.9% - 8.5%+

Property Tax Exemptions and Rebates

Property Tax Rebates

Property Tax Exemptions

Property Tax Payment Methods

GIRO (Recommended)

Online Payment

Other Payment Methods

Property Tax Due Dates

Payment Schedule

Payment Method Due Date Frequency Late Penalty
GIRO 15th of each month Monthly None if sufficient funds
Non-GIRO 31 January Annual 5% after due date
Installments 31 Jan, 30 Apr, 31 Jul, 31 Oct Quarterly 5% per late installment

Property Tax Appeals

Grounds for Appeal

Appeal Process

  1. Submit appeal within 30 days of notice
  2. Provide supporting evidence and documentation
  3. IRAS reviews and may conduct site inspection
  4. Decision communicated within 3 months
  5. Further appeal to Valuation Review Board if needed

Special Property Tax Considerations

Mixed-Use Properties

Vacant Properties

Under Construction

How to Use the Calculator

To use the Singapore Property Tax Calculator:

  1. Select your property type (residential/non-residential)
  2. Enter the Annual Value as assessed by IRAS
  3. Specify if the property is owner-occupied
  4. Choose the property subtype
  5. Select the assessment year
  6. Include property details for more accurate calculation
  7. Add ownership and location information if needed
  8. Click "Calculate" to see your property tax breakdown

The calculator will show the progressive tax calculation, effective tax rate, and payment schedule options.

Property Tax Planning Tips

Reducing Property Tax

Payment Optimization

Important Considerations

When calculating property tax in Singapore:

This calculator provides estimates based on current IRAS property tax rates and structure. Actual tax amounts should be verified with official IRAS notices and assessments. For complex situations or appeals, consult with a qualified tax professional.

Related calculators: Property Calculator, Singapore Tax Calculator, Mortgage Calculator

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