All lease documents are required to be e-Stamped. IRAS will be notified of the rental and you need NOT inform IRAS separately.
Please ensure that your tenant e-Stamps the rental agreement (including rental agreements for rental of rooms). You may request for a copy of the stamp certificate from your tenant to ensure that the rental agreement has been stamped.
The penalty for non-compliance of the above obligation is a fine of up to $5,000 and an interest on the tax at such rate as may be prescribed (if any).
The owner-occupiers tax rates (if applied on your property) will be withdrawn from the date of letting. You will need to pay higher property tax based on the non-owner-occupier residential tax rates.
If you partially-let out your home while you continue to live in it, your residential property remains eligible for the owner-occupier tax rates to apply.
Upon the end of the tenancy, property owners must reapply for Owner-Occupier tax rates to be applied to their property if they have moved back into that property. Owner-Occupier tax rates will NOT be automatically applied upon the end of a tenancy. This applies to early termination of tenancy as well. To apply, you can use our e-Service "Apply for Owner-Occupier Tax Rates".
If owners choose not to move back into the flat and leave it vacant, non-owner-occupier residential tax rates will continue to be applied.
The rent that you receive from renting out your property in Singapore may be subject to income tax. Income Tax is a tax payable on all income earned or received in Singapore, including any payout or profit arising from investments unless the investments are specifically exempted under the Income Tax Act. There is no double taxation since Property Tax and Income Tax are two separate taxes.
Find out more about Rent from property .
For companies that own property for rental, refer to corporate owners .
Property tax is levied on the ownership of properties, irrespective of whether the property is occupied or vacant. There is no relief for vacant properties and the tax rates will be based on non-owner-occupier residential tax rates for vacant residential properties while non-residential properties will be based on 10% of the Annual Value.