Property tax calculator Singapore
Property tax is a percentage of a property's Annual Value, its estimated yearly rent. From 1 January 2025, a home its owner lives in pays 0% on the first S$12,000 of Annual Value, rising to 32% above S$140,000, while a let or vacant home pays 12% on the first S$30,000 of Annual Value, rising to 36% above S$60,000.
Rules last changed on 1 January 2025.
Work out your property tax
- Property tax for the year
- S$960
S$0 on S$12,000 at 0%; S$960 on S$24,000 at 4%.
Rules used for 2 October 2026
- Owner-occupier bands widened: 0% on the first S$12,000 Annual Value, 32% above S$140,000; non-owner-occupier 12% to 36%, in force from 1 January 2025 (source)
Current rates
| Annual Value | Rate |
|---|---|
| First S$12,000 | 0% |
| Next S$28,000 | 4% |
| Next S$10,000 | 6% |
| Next S$25,000 | 10% |
| Next S$10,000 | 14% |
| Next S$15,000 | 20% |
| Next S$40,000 | 26% |
| Above S$140,000 | 32% |
For the one residential property the owner lives in.
| Annual Value | Rate |
|---|---|
| First S$30,000 | 12% |
| Next S$15,000 | 20% |
| Next S$15,000 | 28% |
| Above S$60,000 | 36% |
For residential property that is let out, vacant, or a second home. Non-residential property is taxed at 10% of the Annual Value, which this calculator does not cover.
A worked example
IRAS works this case (Example 1): a home with an Annual Value of S$36,000, lived in by its owner. The tax is S$0 on S$12,000 at 0%, S$960 on S$24,000 at 4%: S$960 for the year.
Source: IRAS, Property Tax Rates and Sample Calculations, Example 1.
Rule history
Every published version of the rules this calculator uses, with the date it took effect.
Property tax rates
Chosen by: The year of assessment. Rates apply to the Annual Value for each calendar year.
- From 1 January 2025In force todayOwner-occupier bands widened: 0% on the first S$12,000 Annual Value, 32% above S$140,000; non-owner-occupier 12% to 36%Primary source
- From 1 January 2024 to 31 December 2024Owner-occupier 0% to 32% above S$100,000 Annual Value; non-owner-occupier 12% to 36%Primary source
Not modelled before 1 January 2024.
Questions
What is Annual Value?
IRAS's estimate of the yearly rent the property could fetch if let, excluding furniture and maintenance. It is on your property tax notice, and IRAS revises it each year.
Which rates apply to me?
Owner-occupier rates apply to the one residential property you own and live in. A second home, a let property and a vacant one pay non-owner-occupier rates.
When did the current rates start?
The bands on this page have applied since 1 January 2025. The rule history below lists each earlier set that is modelled.
Is this calculator advice?
No. It applies the published rates to the figures you enter. Confirm with IRAS, your lawyer or your lender before you commit.
Estimates only, from the published rules in force on the date you enter. Confirm with IRAS or your lawyer before you transact. All calculators