SINGAPORE PROPERTY MARKET - PROPERTY TAX (December 2022)

In IRAS’ media release dated 2 Dec 2022, the Annual Values (AV) of most residential properties, which include private properties and HDB flats, will be revised upwards effective 1 January 2023, reflecting the rise in market rents. The property tax rates will also increase at a progressive rate. Refer to the attached infographics for more details. 𝐏𝐀𝐔𝐋𝐈𝐍𝐄 𝐂𝐇𝐔𝐀 Wa.me/6586927272 #PaulineChuaRealEstate www.paulinechua.com www.instagram.com/paulinechuarealestate LinkedIn.com/in/paulinechuarealestate bit.ly/PaulineChuaYouTube

For the full IRAS media release: https://www.iras.gov.sg/news-events/newsroom/revision-in-annual-values-in-2023