1. What Is Property Tax in Singapore?

Property tax is a yearly tax charged by IRAS based on your property’s Annual Value (AV) and whether it is:

• Owner-occupied (lower tax rates), or
• Non-owner-occupied (higher investment property rates)

2. When Is Property Tax Due?

Property tax is billed every December, and payment is due by 31 January of the following year.

3. How to Check Your Property Tax Amount

You can check your tax amount through:

• IRAS website (myTax Portal)
• Your annual property tax bill
• GIRO statements (if on instalments)

4. How to Pay Property Tax (Fastest Methods)

You can pay through:

• GIRO — monthly or yearly deduction
• PayNow QR via myTax Portal
• eNETS / Credit Card (online)
• AXS machines
• Internet banking via your bank

5. Owner-Occupied vs Non-Owner Tax Rates (2025)

Owner-occupied homes: Lower tax rates ranging from 0% to 32% depending on AV.

Investment properties: Higher rates from 12% to 36%.

6. What Is Annual Value (AV)?

Your AV is based on the estimated rental value of your property — not the purchase price.

Example:

• If monthly rent is estimated at $3,200 → AV = $38,400 a year

7. Late Payment Penalties

If you miss the deadline, IRAS may impose:

• 5% penalty on unpaid tax
• Further enforcement actions if still unpaid

8. Can You Appeal Your Property Tax?

Yes — you may request a review of your Annual Value if you believe the rental estimate is too high. You must provide supporting evidence such as recent rental data.

Conclusion: Stay Ahead of Your 2025 Tax Obligations

Property tax is unavoidable, but it’s simple when you know the steps. Set up GIRO, monitor your AV, and pay on time to avoid penalties.