Property tax is calculated by Annual Value (AV) x Tax Rates. AV is the estimated annual rent of the property. There are different tiers of property tax rates for residential and non-residential properties.
Note: The tax rates ranges reflected in the above infographic are based on the property tax rates effective from 1 Jan 2023 to 31 Dec 2023. 

 

Learn more about Annual Value or view Property Tax Rates.