tripleme
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[SINGAPORE] The Singapore government will provide a one-off property tax rebate of 15 per cent for owner-occupied Housing Development Board (HDB) flats.
The figure will be 10 per cent, capped at S$500, for owner-occupied private residential properties in 2026.
This will help to cushion property tax increases for Singaporeans, amid a moderating residential rental market with modest increases in market rents, said the Ministry of Finance and Inland Revenue Authority of Singapore on Friday (Nov 28).
The rebate will be automatically offset against any property tax payable in the owners’ 2026 property tax bill.
Owner-occupiers living in three-room and larger HDB flats will see an average property tax increase of S$2 to S$3 per month after the rebate.
All one- and two-room HDB owner-occupiers will continue to pay no property tax.
https://www.businesstimes.com.sg/pr...ll-owner-occupied-residential-properties-2026
The figure will be 10 per cent, capped at S$500, for owner-occupied private residential properties in 2026.
This will help to cushion property tax increases for Singaporeans, amid a moderating residential rental market with modest increases in market rents, said the Ministry of Finance and Inland Revenue Authority of Singapore on Friday (Nov 28).
The rebate will be automatically offset against any property tax payable in the owners’ 2026 property tax bill.
Owner-occupiers living in three-room and larger HDB flats will see an average property tax increase of S$2 to S$3 per month after the rebate.
All one- and two-room HDB owner-occupiers will continue to pay no property tax.
https://www.businesstimes.com.sg/pr...ll-owner-occupied-residential-properties-2026
