Rental yield calculator Singapore
Gross rental yield is a year's rent as a share of the price. Net yield takes off the costs of letting: property tax, which a let home pays at non-owner-occupier rates from 12%, maintenance fees, other costs and the months it stands empty.
Rules last changed on 1 January 2025.
Work out your rental yield
- Gross yield
- 3.6%
- Net yield
- 2.35%
Rent S$54,000 a year; costs S$14,320, of which property tax S$9,120 at non-owner-occupier rates; net income S$35,180.
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$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.
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 the difference between gross and net yield?
Gross yield divides a year's rent by the price. Net yield first takes off property tax, maintenance fees, other running costs and the rent lost to vacant months.
Why is property tax at the higher rates?
A let property is not lived in by its owner, so IRAS taxes its Annual Value at non-owner-occupier rates.
Does net yield include income tax or loan interest?
No. Both depend on the owner, not the property. The tax on rental income calculator covers income tax on the rent.
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