How much property tax do you pay for your private property ?

[Onitsuka]

If you live in a condo or terrace or detached house, care to share the amount of property tax you pay per annum?

I am a HDB peasant and I have always wondered the amount of property tax that private owners have had to pay.

 

[voucher]

I live in the Istana and others pay me tax.

 

[lifeafter41]

If you live in a condo or terrace or detached house, care to share the amount of property tax you pay per annum?

I am a HDB peasant and I have always wondered the amount of property tax that private owners have had to pay.

Just checked with a friend of mine.

Primary residence located west area : around S$1500, their place about 1300 sq ft.
2nd property : around 5k plus ( I think place about 1500 sq ft)
3rd property : around 10k plus (I believe it's around 2000sq ft and above)

Been to his place on the west coast, as for the other 2 it's what he told me.
All in about 16k or more in property tax.

 

[Onitsuka]

Just checked with a friend of mine.

Primary residence located west area : around S$1500, their place about 1300 sq ft.
2nd property : around 5k plus ( I think place about 1500 sq ft)
3rd property : around 10k plus (I believe it's around 2000sq ft and above)

Been to his place on the west coast, as for the other 2 it's what he told me.
All in about 16k or more in property tax.

Is the first property a condo or landed ?

Is property tax levied on a flat rate basis ? I mean regardless of the number of properties you own or do the rates vary according to the number of properties owned ?

For example, if you live in Project A and rent out Project B. Do you pay the same property tax as your neighbour in Project B ?

 

[Papsmearer]

Just checked with a friend of mine.

Primary residence located west area : around S$1500, their place about 1300 sq ft.
2nd property : around 5k plus ( I think place about 1500 sq ft)
3rd property : around 10k plus (I believe it's around 2000sq ft and above)

Been to his place on the west coast, as for the other 2 it's what he told me.
All in about 16k or more in property tax.

First property is Owner occupied, and property taxes is at a much lower rate. 2nd and 3rd properties are investment/non owner occupied properties, which are at a much higher tax rate.

 

[Papsmearer]

Is the first property a condo or landed ?

Is property tax levied on a flat rate basis ? I mean regardless of the number of properties you own or do the rates vary according to the number of properties owned ?

For example, if you live in Project A and rent out Project B. Do you pay the same property tax as your neighbour in Project B ?

Here is the answer to all your questions:

https://www.iras.gov.sg/IRASHome/Pr...s/Property-Tax-Rates-and-Sample-Calculations/

 

[Onitsuka]

Here is the answer to all your questions:

https://www.iras.gov.sg/IRASHome/Pr...s/Property-Tax-Rates-and-Sample-Calculations/

Thanks, bro.

So those of you living in condos and landed, how much property did you just pay ?

 

[Papsmearer]

Thanks, bro.

So those of you living in condos and landed, how much property did you just pay ?

My answer is Too Fucking Much