Many homeowners in Singapore have been asking about changes to their property taxes for next year. The Government has confirmed that a one-off Property Tax rebate will be provided in 2026 to reduce the effect of increasing tax rates. If you own an HDB flat or live in your own condominium or landed property this rebate will appear automatically on your 2026 property tax bill. There is no need to apply or fill out any forms. It simply provides some financial relief when every dollar counts.
2026 Property Tax Rebate: What’s Changing for Singapore Households
| Property Category | 2026 Tax Rebate | Key Details |
|---|---|---|
| Owner-Occupied HDB Flats | 15% Rebate | Automatically credited to eligible households |
| Owner-Occupied Private Residences | 10% Rebate (up to $500) | Cap ensures relief for private properties without excessive benefit |
Why This New Rebate Is Important in 2026
We all noticed prices going up for everything from food stalls to grocery stores. The property tax rebate helps homeowners deal with some of these rising costs. Property tax amounts have increased because they are calculated based on annual value & rental prices have been climbing in recent years. The rebate provides relief from these higher tax bills without requiring any changes to how the tax system works. they’ve
Calculating Your Actual Payable Tax After the Rebate
Most Singapore households will experience only a minor rise in their monthly expenses when the new tax rates take effect.
Impact on HDB Owner-Occupiers: Updated Rebate Breakdown
Households living in 3-room flats and larger units will pay about $2 to $3 more each month after the rebate is applied.
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People in 1-room and 2-room flats will still pay nothing for property tax. If you live in a standard 4-room flat in neighborhoods like Woodlands or Bedok your annual property tax bill will stay affordable.
Private Homeowners in 2026: How Much You Can Save
About half of the affected properties will experience an increase of less than six dollars each month. The larger increases mainly impact properties with higher values in the private sector such as premium condominiums or landed residential units.
When IRAS Will Issue Your 2026 Property Tax Notice
IRAS will begin sending out the 2026 PT bills starting in December 2025. You will receive a SMS or email notification prompting you to log into the myTax Portal where you can view your bill.
Please note that bills are distributed in batches.
This means your neighbor in Clementi might receive their bill before you do.
Key Payment Deadline for the 2026 Property Tax Cycle
31 January 2026
If you do not make your payment by this date or if your GIRO payment does not go through successfully you will need to pay an additional 5% penalty charge on top of the original amount due.
Your 2026 Payment Methods: What You Need to Know
GIRO (Standard 12-Month Plan): Zero-Interest Instalments
GIRO Payment Method This is the simplest payment option available. If you currently use GIRO to pay your property tax then everything stays the same and you do not need to make any changes.
The banks that participate in this program are DBS/POSB OCBC, UOB, Citi HSBC, Maybank, Standard Chartered, Bank of China and MariBank. All of these institutions support the GIRO payment system for property tax. Setting up eGIRO is a quick process that you can complete through the myTax Portal.
The entire setup typically takes just a few minutes to finish. You will need your bank account details and your SingPass login credentials to complete the registration process online.
Retiree Extended GIRO Scheme: Spread Payments Over 24 Months
This option is designed for retirees who continue living in their own homes.
The requirements that apply from 1 January 2026 include the following conditions.
Every owner of the property must be at least 65 years old. The property must serve as your primary residence.
Your assessable income cannot exceed $39000 per year.
Retirees living in established neighborhoods such as Ang Mo Kio or Toa Payoh may find this extended payment arrangement particularly helpful. The longer instalment period reduces the amount you need to pay each month. This makes the financial burden more manageable for those on fixed retirement incomes.
Need Assistance? How IRAS Can Support You in 2026
You can ask for a payment plan that fits your budget if you are having money problems. Simply sign in to your myTax Portal account and look for the Apply/Manage GIRO Plan service option.
Reference Guide: 2026 Owner-Occupier Property Tax Rates
properties. The system uses progressive tiers that increase as your property value rises.
Property Tax Rates by Portion of Annual Value
Annual-value bands and the corresponding tax rate. Values shown in SGD.
| Portion of Annual Value (SGD) | Tax Rate |
|---|---|
| $0 – $12,000 | 0% |
| Over $12,000 – $40,000 | 4% |
| Over $40,000 – $50,000 | 6% |
| Over $50,000 – $75,000 | 10% |
| Over $75,000 – $85,000 | 14% |
| Over $85,000 – $100,000 | 20% |
| Over $100,000 – $140,000 | 26% |
| Above $140,000 | 32% |
Tip: ranges use the phrase “Over” to clarify upper/lower bounds (e.g. “Over $12,000 – $40,000” means $12,000.01 to $40,000).
If you want strict inclusive/exclusive math, tell me which endpoints should include equality and I will update the labels.
