Free tool
Property tax calculator.
What IRAS charges a year on a Singapore home you rent out, from its Annual Value.
On your property tax bill or in myTax Portal. Don’t have it? Twelve months’ rent, unfurnished, is a rough guess. IRAS sets the real figure.
Property tax for the year
S$4,800
About S$400 a month, at the non-owner-occupier rates.
| Annual Value | Rate | Tax |
|---|---|---|
| S$0 – S$30,000 | 12% | S$3,600 |
| S$30,000 – S$36,000 | 20% | S$1,200 |
An estimate. Rates are IRAS’s non-owner-occupier table effective 1 Jan 2024; rebates are not included, and homes on IRAS’s exclusion list are taxed at 10%. Your bill from IRAS is the real figure. IRAS property tax rates
How it works.
What is Annual Value?
IRAS’s estimate of a year’s rent for the home, without furniture. It is set by IRAS, not by the rent you actually charge, and it is printed on your property tax bill.
What are the rates for a home I rent out?
12% on the first S$30,000 of Annual Value, 20% on the next S$15,000, 28% on the next S$15,000 and 36% above S$60,000 (IRAS, effective 1 Jan 2024).
Is property tax paid monthly?
IRAS bills it once a year, for the calendar year. Many owners pay by GIRO in monthly instalments; the monthly figure above is the yearly tax divided by 12.
Does MarqueTrack track it?
Yes. Record your property tax as a cost on the property, with the receipt. It shows on that property, on the Money screen and on the owner statement, beside the rent.