Singapore legislation

Regulation 3

of Property Tax (Owner-Occupied Residential Premises) (Remission) (No. 2) 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 2025 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 an HDB flat — 20% of the tax payable in accordance with paragraph 6 of the Residential Premises Order for the year 2025 in respect of those residential premises; or

(b)

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 2025 in respect of those residential premises;

(ii)

$1,000, pro-rated according to the period in the year 2025 that those residential premises are owner‑occupied.

Read in full context — Property Tax (Owner-Occupied Residential Premises) (Remission) (No. 2) Order 2024 →