Singapore residential property tax bands in 2026
Residential property tax uses annual value, with different progressive schedules for owner-occupied and other homes.
- Owner-occupier schedule effective
- 1 January 2025IRAS, residential property tax rates
- Non-owner-occupier schedule effective
- 1 January 2024IRAS, residential property tax rates
- Owner-occupier first S$12,000 annual value
- 0%IRAS, residential property tax rates
- Non-owner-occupier first S$30,000 annual value
- 12%IRAS, residential property tax rates
Annual value and occupancy
Property tax applies to annual value. Owner-occupier rates apply where the owner lives in the residential property. Other residential properties use non-owner-occupier rates, subject to specified exclusions. Property tax is separate from income tax on rental income. IRAS, residential property tax rates (opens in a new tab).
Owner-occupier bands
From 1 January 2025, the first S$12,000 of annual value is taxed at 0%; the next S$28,000 at 4%; next S$10,000 at 6%; next S$25,000 at 10%; next S$10,000 at 14%; next S$15,000 at 20%; next S$40,000 at 26%; and the amount above S$140,000 at 32%. IRAS, residential property tax rates (opens in a new tab).
Non-owner-occupier bands
From 1 January 2024, the first S$30,000 of annual value is taxed at 12%; the next S$15,000 at 20%; next S$15,000 at 28%; and the amount above S$60,000 at 36%. IRAS, residential property tax rates (opens in a new tab).
Scope
This is general information about the published schedules applying in 2026, before rebates. It does not calculate a bill, establish annual value or assess occupancy eligibility. Specialist property exclusions and any bill-specific rebates require separate treatment.