2025 Property Tax Bill

2025 Property Tax Rebate and Property Tax Payable for Owner-Occupied Residential Properties

The Government will provide a one-off Property Tax (PT) rebate of up to 20%, capped at $1,000, for all Owner-Occupied (OO) residential properties in 2025. The rebate will be automatically offset against any PT payable.

Table 1: 2025 Property Tax Rebates for Owner-Occupied Residential Properties

Extended GIRO Scheme for Residential Property (Retirees)

As announced at Budget 2024, you will be eligible for an extended instalment plan of up to 24 months for the payment of the property tax for your residential property if you meet the following criteria:

• You are residing in the property (i.e. your property is taxed at the owner-occupier tax rates); and
• Your assessable income does not exceed $34,000 in YA2024; and
• All the owner(s) of the property, including yourself, are aged 65 or above in 2025; and
• There is outstanding property tax payable for the property.

Refer to Experiencing difficulties in paying your tax? for the steps on how to apply for an extended instalment plan. You will be required to declare that you meet the above criteria in your application. Please note that your extended instalment plan will be reverted to the standard instalment plan of up to Dec 2025 if you are subsequently found to not have met the above criteria.

Understanding property tax

Property tax is a tax on ownership of property whether it is rented out, owner-occupied or vacant.

Property tax rates

Property tax to be paid = AV X Tax Rates

Property tax rates on owner-occupied and non-owner-occupied residential properties are applied on a progressive scale. All other properties are taxed at 10% of the Annual Value.

Applying for owner-occupier tax rates

Property tax payment

Please refer to the payment due date stated in your 2025 property tax bill.

Digital payments using your property tax reference number

• PayNow QR and AXS via myTax Portal: Payment will be updated to your tax account immediately.
• Other electronic payment modes.
  

GIRO payments

Enjoy one-time deduction or up to 12 interest-free monthly instalments with GIRO.

For Individuals

• myTax Portal (for DBS/POSB ,OCBC, UOB, Bank of China, Citibank, HSBC and Maybank customers)
• Internet Banking (for POSB/DBS/ OCBC/ UOB customers)
• AXS stations (for DBS/POSB customers)

For Businesses

• myTax Portal (for DBS/POSB, OCBC, UOB, Maybank and Bank of China customers)

Taxpayers with previous GIRO arrangement with IRAS can re-activate GIRO at myTax Portal (Apply/Manage GIRO Plan).

Check property tax balance

Use the IRAS bot by clicking 'IRAS Bot' at the bottom right of the webpage or access the "Check Property Tax Balance" digital service to check your property tax balance.

Electronic property tax (e-PT) bills

Enjoy convenience and go green by choosing e-PT bills. You will be notified via SMS and/ or email when your e-PT Bill is ready. You may view your bill via our "View Property Tax Notices" digital service.

Benefits of e-PT Bills

Improved property tax digital billing experience

For owners who own more than 1 property and have opted for the consolidated electronic property tax bill. You will receive a single notification, instead of separate notifications, once your digital bills are ready for viewing at mytax.iras.gov.sg.

The improved property summary allows you to get an overview of your portfolio of properties and print a consolidated summary statement.

Corporate owners are able to download essential property tax information to suit your company’s needs.

Interactive property tax bill (i-Bill)

You can access your Interactive property tax bill (i-Bill) through myTax Portal Landing Page under Tax Matters at a Glance and pay your property tax bills on your mobile phones or laptops through i-Bill.

Property tax digital services

You can access digital services at myTax Portal to:

• Manage your preference for electronic or paper notices
• View your account summary (tax account details, payment plan schedule, statement of account, etc.)
• View your property summary (annual value, tax rate, etc.)
• View a copy of your notices/bills and correspondence
• Apply or withdraw owner-occupier tax rates

Find out more information on our digital services.

Useful links

• Property Tax Rebate for All Owner-Occupied Residential Properties in 2025
• Property Tax Calculator
• Check if you are eligible for Owner-Occupier Tax Rates

FAQs