2026 Property Tax Bill: Understanding Your Responsibilities

1. What Is Property Tax — and When You’ll Get Your 2026 Bill

Property Tax is a tax on property ownership in Singapore, regardless of whether your property is rented out, owner‑occupied, or vacant. The tax is based on the Annual Value (AV), which IRAS determines by estimating the rental value of similar properties in the market.

For 2026:

2026 Property Tax Bills are being issued from December 2025.
You’ll receive a notification via SMS and/or email when your bill is ready to view on the myTax Portal.
Payment is due by 31 January 2026 (unless a different due date is shown on your bill).

If you prefer paying by instalments, setting up GIRO or eGIRO allows monthly deductions (up to 12 months) or a one‑time deduction from your account — a helpful way to manage cash flow.

2. How Property Tax Is Calculated

IRAS applies tax rates to your property’s Annual Value (AV) — an estimate of what the property could fetch in rent in the open market.

Residential Properties

Owner‑occupied homes enjoy progressive tax rates, generally lower than for rented or non‑owner‑occupied homes.
For example, an owner‑occupier residential property with an AV of $36,000 may pay tax based on tax brackets that start at 0%, rising progressively on higher AV bands. (Default)

Non‑Owner‑Occupied & Non‑Residential Properties

Residential properties that are not occupied by the owner (e.g., rented out) are taxed at higher rates.
Commercial or industrial properties are typically taxed at a flat 10% of AV.

The formula is straightforward:
Property Tax Payable = Annual Value × Applicable Tax Rate.

3. One‑Off Property Tax Rebate for 2026

To help homeowners manage rising property taxes, the Singapore government is granting a one‑off property tax rebate for 2026:

15% rebate for owner‑occupied HDB flats.
10% rebate for owner‑occupied private residential properties, capped at $500.

This rebate is automatically included in your 2026 property tax bill — no application needed — but is only for owner‑occupied residential properties.

Why this matters: Rental markets have continued to rise, lifting Annual Values and, therefore, tax liabilities. The rebate aims to offset some of this increase, especially for homeowners.

4. How to View & Pay Your 2026 Property Tax Bill

You can access and manage your property tax details online using myTax Portal via Singpass:

View your property tax notices and bills.
See your annual value, tax rates, and AV history.
Pay online using options such as GIRO, eGIRO, PayNow QR, AXS or internet banking.

These digital services let you consolidate multiple property tax accounts and view up to 4 years of records, improving convenience and transparency.

Tip: If you haven’t already, signing up for GIRO/eGIRO can help spread payments over time and avoid late payment penalties.

5. Owner‑Occupier Tax Rates & Reliefs

In addition to the one‑off rebate, owner‑occupiers may be eligible for lower tax rates compared with non‑owner‑occupiers.

For example:

Properties you live in are taxed on a progressive scale with more favourable rates at the lower AV bands.
These rates apply provided you genuinely occupy the home and claim the owner‑occupier tax concession.

Note that only one property at a time can enjoy the owner‑occupier rate for a homeowner or married couple where both partners own properties.

6. Common Questions from Property Owners

Q: When will I get my 2026 Property Tax bill?
A: Bills are issued from December 2025, with notifications sent via SMS/email.

Q: Do I pay more if my property is vacant?
A: Yes — vacant properties are subject to the non‑owner‑occupier residential rates if residential, or 10% if non‑residential.

Q: My AV seems higher than actual rent — why?
A: IRAS bases AV on market rents of similar properties, not actual rent you receive.

Q: What happens if I miss the deadline?
A: Late payments can attract penalties; joining GIRO/eGIRO can help avoid this.

Final Words

The 2026 Property Tax Bill reflects Singapore’s ongoing efforts to balance a fair tax system while supporting homeowners through rebates and concessions. Knowing how property tax is computed, where to view your bill, and the available rebates can help you plan your finances effectively for the year ahead.

If you’re a property investor or homeowner, now is a good time to:

Check your Annual Value and how it’s derived.
Ensure your owner‑occupier status is correctly applied.
Sign up for GIRO/eGIRO to streamline payments and avoid last‑minute rushes.

Disclaimer: This article is for informational purposes only and does not constitute tax advice. For personalised tax planning or complex property tax questions, consult a qualified tax adviser or refer directly to IRAS guidance.

Source: 2026 Property Tax Bill