Property Tax Reliefs

1 Jan 2025 to 31 Dec 2025

The Government will provide a one-off Property Tax (PT) rebate of 20% for Owner-Occupied (OO) HDB flats, and 15%, capped at $1,000, for OO private residential properties in 2025. The Property Tax Rebate will automatically be given to eligible properties and will be reflected in the 2025 Property Tax Bill issued from Dec 2024.

Table 1: 2025 Property Tax Rebates for Owner-Occupied Residential Properties

Ongoing

If you are an individual or married couple who owns and lives in your residential property, you can enjoy lower property tax rates known as owner-occupier tax rates.

Ongoing

Scenario 1: If you are an individual owner whose old house is being demolished and rebuilt for subsequent owner-occupation, you can apply for Building Land Remission.

 Scenario 2: If you are an individual owner who bought an empty plot of land and wants to construct a new home for subsequent owner-occupation, you can apply for Vacant Land Remission.

Ongoing

If the property is owned and used by a registered charity for charitable, public religious worship, or educational purposes, you can apply for S6(6) Building Exemption.

1 Jan 2024 to 31 Dec 2024

To cushion the impact of the PT increases, amidst concerns about cost-of-living, the Government will provide a one-off PT rebate of up to 100% for all owner-occupied residential properties as shown below. The rebate is tiered to ensure that our PT regime remains progressive, and those with greater means pay their fair share of taxes. The Property Tax Rebate will automatically be given to eligible properties and will be reflected in the 2024 Property Tax Bill issued in Dec 2023.

Table 1: 2024 Property Tax Rebates for Owner-Occupied Residential Properties

1 Jan 2023 to 31 Dec 2023

All owner-occupied residential properties will be eligible for a Property Tax Rebate on the 2023 Property Tax. The Property Tax Rebate will automatically be given to eligible properties and will be reflected in the 2023 Property Tax Bill issued in Dec 2022.

The Property Tax Rebate is 60% of the 2023 property tax payable and capped at $60. Please refer to the following examples for an illustration of the computation of the Property Tax Rebate.

Example A

2023 Property Tax Payable : $50

Less: 2023 Property Tax Rebate (60% of 2023 Property Tax) : $30

Total Property Tax payable : $20

Example B

2023 Property Tax Payable : $200

Less: 2023 Property Tax Rebate (60% of 2023 Property Tax, capped at $60) : $60

Total Property Tax payable : $140

Note:

The Property Tax Rebate will be computed based on the property tax payable for the period when the property is owner-occupied. If you apply for the owner-occupier tax rates for your residential property in 2023 after the 2023 Property Tax Bill has been issued, the Property Tax Rebate will automatically be given once the application for the owner-occupier tax rates is successfully processed and will be reflected in the notice on the adjusted tax position of the property following the application of the owner-occupier tax rates.

1 Jan 2020 to 31 Dec 2020

As part of the Resilience Budget announced on 26 Mar 2020, qualifying non-residential properties (“qualifying properties”) are granted property tax rebate for the period of 1 Jan 2020 to 31 Dec 2020. This is an enhancement of the property tax rebate announced at Budget 2020, on 18 Feb 2020. The property tax rebate is enhanced by extending the rebate to additional types of properties, and increasing the amount of rebate for certain types of properties.

Under the Resilience Budget, owners of qualifying properties are granted rebates of up to 100% on their property tax payable. For most properties that are eligible for 100% property tax rebate, this is equivalent to about 1.2 months of rental.

Owners of qualifying properties are required to unconditionally and fully pass on to their tenant(s) the rebate for the property tax account that is attributable to the rented property, by either reducing or offsetting current or future rentals or through a payment to their tenant(s), within the prescribed timeframe.

Under the COVID-19 (Temporary Measures) (Amendment) Act passed on 5 Jun 2020, to provide relief for Small and Medium Enterprises (SMEs) and Non-Profit Organisations (NPOs) operating in qualifying non-residential properties, owners of such qualifying properties will be granted Government cash grant. These property owners are required to provide rental relief through a waiver of rent for their eligible SME and NPO tenant-occupiers. Please refer to the Ministry of Law’s website on Rental Relief Framework for more information.

Generally, where the Rental Relief Framework applies, the rental waivers may be offset (partially, or otherwise) against any monetary payments or rental reductions provided, or earlier agreed to, by the landlord and the tenants on or after 1 February 2020, as well as any property tax rebate that owners have passed on or are obliged to pass on to their tenants on or before 31 July 2020 in respect of the property. Please refer to the COVID-19 (Temporary Measures) (Rental and Related Measures) Regulations 2020 for details.

Conversely, where a property owner has satisfied its obligation to provide rental waivers under the Rental Relief Framework, the net amount of rental waiver that has been provided by the property owner under the Rental Relief Framework will also go towards satisfying the property owner’s obligation to pass on the property tax rebate. Please refer to the COVID-19 (Temporary Measures) (Transfer of Benefit of Property Tax Remission) Regulations 2020.

The rebate is 100% of the property tax payable for:

1. Hotel room or function room of a hotel registered under the Hotels Act (“registered hotel”);

2. Serviced apartment or serviced apartment function room;

3. Premises of prescribed Meetings, Incentive Travel, Conventions and Exhibitions (MICE) venues, namely Suntec Singapore Convention and Exhibition Centre, Singapore EXPO, and Changi Exhibition Centre;

4. Premises of an international airport i.e. Singapore Changi Airport;

5. Premises of a prescribed international cruise or regional ferry terminal. The prescribed cruise and ferry terminals are Singapore Cruise Centre, Marina Bay Cruise Centre Singapore and Tanah Merah Ferry Terminal;

6. Shops (e.g. retail) and restaurants, including those within hotels, serviced apartments, the prescribed MICE venues under Item 3 as well as those in office, industrial, residential and mixed-use developments; and

7. Premises of tourist attractions (e.g. Singapore Zoological Gardens, Singapore Flyer and Haw Par Villa).

The rebate is 60% of the property tax payable for:

1. Marina Bay Sands; and
2. Resorts World Sentosa.

The above 100% property tax rebate does not apply to them.

The rebate is 30% for any premises excluding the following:

1. Premises mentioned above that qualify for the 100% or 60% rebate;

2. Premises used whether wholly or partly for an excluded purpose;

3. The part of a carpark in the same building or development as premises mentioned in item 2 that corresponds to those premises; and

4. Any other premises in the same building or development as premises mentioned in item 2, that are used or intended to be used for or in connection with the operation or enjoyment of those premises. Examples are space for base station and vending machine in a residential condominium.

Premises are used for an excluded purpose if they are used or intended to be used:

1. For any residential purposes; or

2. As a facility for the exclusive use of residents of residential premises such as gym, function and meeting space and club lounge, whether with or without their guests.

For avoidance of doubt, no rebate shall be given to vacant land or land under redevelopment.

Property owners are not required to submit any claims for the rebate. The rebate notices have been issued and posted to property owners in end-April 2020. Property owners can log in to myTax Portal to view their notices.

For properties that qualify for 100% rebate, the property tax payable for 2020 are fully refunded. For property owners who have an ongoing GIRO instalment plan, there is no GIRO deduction from Apr to Dec 2020. However, if you have tax arrears, the GIRO deduction would have resumed in Jun 2020.

If owners of properties which are granted 60% or 30% rebate have an ongoing instalment plan, with the rebate offsetting the instalment payment, there will be no GIRO deduction for a period ranging from four to seven months starting from May 2020.

For information on whether your property qualifies for the rebate, property owner’s obligations to pass the property tax rebate on to tenants and other administrative details, please refer to the e-Tax Guide for Property Tax Rebate for Non-Residential Properties in 2020 (Fifth Edition) (PDF, 945KB). For a quick summary, you can refer to the infographic on Property Tax Rebate for Non-Residential Properties in 2020. The e-Tax Guide has also been updated with the details of the interaction between property owner’s obligations to pass on property tax rebate and provide for rental waivers under the Rental Relief Framework.