Current owner-occupier bands
From 1 January 2025, the first S$12,000 of qualifying owner-occupied residential Annual Value is taxed at 0%, with subsequent bands at 4%, 6%, 10%, 14%, 20%, 26% and 32%. Apply each rate only to its band. The page also retains earlier schedules, which must not be used for a current-year calculation.
Occupancy and non-residential treatment
The non-owner-occupied residential schedule differs from the owner-occupier schedule; commercial and industrial property generally use 10%. Confirm classification and occupation before calculating. A headline top rate is not charged on all Annual Value. Use IRAS’s calculator and the full current bands, then consider only rebates or remissions for which the property qualifies.
Official source
A concise, independent Apex Gateway guide based on the official English source, not a reproduction of the complete document. Consult the original for full conditions, exceptions and subsequent updates.
Read the official source ↗