Singapore legislation

Regulation 3

of Property Tax (Owner-Occupied Residential Premises) (Remission) Order 2024

Regulation 3

Remission of property tax for owner-occupied residential premises

Subregulation 1

There is remitted in accordance with this paragraph an amount of tax payable in accordance with paragraph 6 of the Residential Premises Order for the year 2024 in respect of every residential premises that are owner‑occupied.

Subregulation 2

The amount of tax remitted under sub‑paragraph (1) is —

(a)

for any residential premises that are a 1‑room or 2‑room HDB flat, 100% of the tax payable in accordance with paragraph 6 of the Residential Premises Order for the year 2024 in respect of those residential premises;

(b)

for any residential premises that are a 3‑room HDB flat, 70% of the tax payable in accordance with paragraph 6 of the Residential Premises Order for the year 2024 in respect of those residential premises;

(c)

for any residential premises that are a 4‑room HDB flat, 50% of the tax payable in accordance with paragraph 6 of the Residential Premises Order for the year 2024 in respect of those residential premises;

(d)

for any residential premises that are a 5‑room HDB flat, 40% of the tax payable in accordance with paragraph 6 of the Residential Premises Order for the year 2024 in respect of those residential premises;

(e)

for any residential premises that are an executive HDB flat, 30% of the tax payable in accordance with paragraph 6 of the Residential Premises Order for the year 2024 in respect of those residential premises; or

(f)

for any other residential premises, the lower of the following:

(i)

15% of the tax payable in accordance with paragraph 6 of the Residential Premises Order for the year 2024 in respect of those residential premises;

(ii)

$1,000, pro‑rated according to the period in the year 2024 that those residential premises are owner‑occupied.

Read in full context — Property Tax (Owner-Occupied Residential Premises) (Remission) Order 2024 →