Singapore legislation
Regulation 3
of Property Tax (Valuation by Gross Receipts for Hotel Premises) Order 2007
Regulation 3
Assessment of annual value of hotel room
Subregulation 1
Subject to the provisions of this Order, the annual value of a hotel room in a hotel for any calendar year shall be —
if the hotel commences or resumes operation in that year, 25% of the annual equivalent of the total gross receipts from the room in that year; and
in any other case, 25% of the total gross receipts from the room in the preceding calendar year.
Subregulation 2
For the purposes of sub-paragraph (1)(a), where the hotel room is not made available for occupation by guests of the hotel at any time in the calendar year after the hotel commences or resumes operation, the annual value of the room for that year shall be 25% of the annual equivalent of the total gross receipts from a comparable hotel room in that hotel in that year.
Subregulation 3
For the purposes of sub-paragraph (1)(b), where the hotel room is added to the hotel in the calendar year or is not made available for occupation by guests of the hotel at any time in that year, the annual value of the room for that year shall be 25% of the total gross receipts from a comparable hotel room in that hotel in that year or the preceding calendar year, as determined by the Chief Assessor.