homequant
Calculators · Property tax

Property tax calculator: owner-occupied, rental and non-residential

Enter a property's annual value to see the property tax payable: progressive bands for an owner-occupied home, higher progressive bands for one that is not, or a flat rate for non-residential property.

Rates in force on 29 Sept 2026

Work out your property tax

First S$12,000, 0%S$0.00
S$12,000 to S$40,000, 4%S$960.00
Property taxS$960.00

2.7% of annual value, for tax year 2026.

Property tax rates in force from 1 Jan 2025.

What is the property tax rate for an owner-occupied home?

Since 1 Jan 2025, an owner-occupied home is taxed 0% on the first S$12,000, 4% on the next S$28,000, 6% on the next S$10,000, 10% on the next S$25,000, 14% on the next S$10,000, 20% on the next S$15,000, 26% on the next S$40,000 and 32% on the rest of its annual value.

What is the property tax rate for a home that is not owner-occupied?

A home that is not owner-occupied -- let out, left vacant, or any property other than the one the owner lives in -- is taxed 12% on the first S$30,000, 20% on the next S$15,000, 28% on the next S$15,000 and 36% on the rest of its annual value.

What is the property tax rate for non-residential property?

Non-residential property -- offices, shops and industrial premises -- is taxed at a flat 10% of annual value, whether or not it is occupied by the owner.

What is annual value?

IRAS's own definition: "The AV of buildings is the estimated gross annual rent of the property if it were to be rented out, excluding furniture, furnishings and maintenance fees. It is determined based on estimated market rentals of similar or comparable properties and not on the actual rental income received." Enter the annual value IRAS has assessed for the property, shown on its property tax bill or at mytax.iras.gov.sg, not an estimate of your own. Source: IRAS, Annual Value, https://www.iras.gov.sg/taxes/property-tax/property-owners/annual-value.

Owner-occupied rates

Annual valueRate
First S$12,0000%
S$12,000 to S$40,0004%
S$40,000 to S$50,0006%
S$50,000 to S$75,00010%
S$75,000 to S$85,00014%
S$85,000 to S$100,00020%
S$100,000 to S$140,00026%
Above S$140,00032%

Non-owner-occupied rates

Applies to a home that is let out, left vacant, or any property other than the one the owner lives in -- an owner of two properties still gets owner-occupied rates on the one they live in.

Annual valueRate
First S$30,00012%
S$30,000 to S$45,00020%
S$45,000 to S$60,00028%
Above S$60,00036%

Non-residential rate

A flat 10% of annual value for offices, shops and industrial premises, whether or not they are occupied by the owner.

Worked examples

How much property tax is payable on an owner-occupied home with an annual value of S$36,000?

An owner-occupied home with an annual value of S$36,000 pays S$960 in property tax a year, 2.7% of annual value.

How much property tax is payable on a home that is not owner-occupied with an annual value of S$36,000?

A home that is not owner-occupied with an annual value of S$36,000 pays S$4,800 in property tax a year, 13.3% of annual value.

How much property tax is payable on a non-residential property with an annual value of S$60,000?

A non-residential property with an annual value of S$60,000 pays S$6,000 in property tax a year, 10% of annual value.

Full rate history: Property tax rates, current and every past version.

Where these rates come from

Rates are versioned data in config/rules.yaml, checked against IRAS and MAS publications on 2026-09-18; the newest version applied here took effect 2025-01-01. Rules change with each cooling-measure round.

Indicative figures only, not tax, legal or financial advice. Confirm stamp duty with IRAS and loan limits with your bank or HDB before you commit.

Other calculators

Know the home? Value it from a postal code and the same figures are worked out on its indicative value.