KEY HIGHLIGHTS
- Singapore will give a one-off Property Tax rebate in 2026 for all owner-occupied homes.
- HDB owners get 15% off, while private homeowners get 10% capped at $500.
- Most households will see only a small monthly increase of $2 to $6 after the rebate.
Singapores’s many homeowners have been wondering how much their property taxes will change next year. The Government has now confirmed that a one-off Property Tax (PT) rebate will be given in 2026 to help soften the impact of rising tax rates.
If you’re an HDB homeowner or living in your own condo or landed home, this rebate will automatically show up in your 2026 property tax bill. No application, no forms — just a small breather at a time when every dollar matters.
Property Tax Rebate 2026 Overview
| Property Type | Rebate | Notes |
|---|---|---|
| Owner-Occupied HDB Flats | 15% rebate | Automatically applied |
| Owner-Occupied Private Homes | 10% rebate, capped at $500 | Higher-value homes may still see larger increases |
Why the Rebate Matters Right Now
We’ve all felt prices creeping up — from hawker meals to supermarket essentials. The PT rebate aims to ease some of that pressure for homeowners. And because PT is based on annual value, rising rents in recent years have pushed tax amounts higher.
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This rebate helps cushion those increases without changing the tax system.
How Much Will You Actually Pay?
Here’s the thing: most Singapore households will see only a small monthly increase, even after the new tax rates kick in.
HDB Owner-Occupiers
- Households in 3-room and larger flats will see an average increase of $2–$3 per month after rebate.
- 1-room and 2-room flats will continue to pay $0 in property tax.
So if you’re staying in a typical 4-room flat in places like Woodlands or Bedok, your yearly property tax bill remains manageable.
Private Property Owner-Occupiers
- About half will see less than $6 per month increase.
- Larger jumps mostly affect higher-value private properties — think premium condos or landed units.
When Will You Get Your Tax Bill?
IRAS will start sending out the 2026 PT bills from December 2025.
You’ll get a SMS or email asking you to log in to myTax Portal to view your bill.
A small note:
Bills are sent in batches, so your neighbour in Clementi may receive theirs earlier than you.
Payment Deadline
- 31 January 2026
- A 5% penalty applies if payment isn’t made or if GIRO fails.
Payment Options You Should Know About
1. Standard GIRO (12 months interest-free)
This is the easiest way. If you already use GIRO for property tax, nothing changes.
Eligible banks include DBS/POSB, OCBC, UOB, Citi, HSBC, Maybank, Standard Chartered, Bank of China, MariBank.
You can set up eGIRO via myTax Portal in minutes.
2. Extended GIRO for Retirees (Up to 24 months)
This is for retirees staying in the home they own.
Requirements (from 1 Jan 2026):
- All owners are 65 or older
- You must live in the property
- Assessable income not more than $39,000
For retirees in towns like Ang Mo Kio or Toa Payoh, this longer instalment plan can make monthly payments much lighter.
3. Need Help? IRAS Can Assist
If you’re facing financial difficulty, you can request a customised instalment plan.
Just log in to myTax Portal and use the Apply/Manage GIRO Plan service.
2026 Owner-Occupier Tax Rates (Reference)
Here’s a simple view of the owner-occupier tax tiers:
| Portion of Annual Value | Tax Rate |
|---|---|
| $0 – $12,000 | 0% |
| >$12,000 – $40,000 | 4% |
| >$40,000 – $50,000 | 6% |
| >$50,000 – $75,000 | 10% |
| >$75,000 – $85,000 | 14% |
| >$85,000 – $100,000 | 20% |
| >$100,000 – $140,000 | 26% |
| Above $140,000 | 32% |
Most HDB flats fall into the lower AV ranges, which is why many households see minimal yearly tax.
Frequently Asked Questions (FAQ)
1. Do I need to apply for the Property Tax rebate?
No. The rebate is automatic and will be reflected in your 2026 PT bill.
2. Does this affect rental properties?
No. The rebate only applies to owner-occupied residential properties.
3. What if I miss the payment deadline?
A 5% penalty will be added. Set up GIRO to avoid this.
4. Is the rebate permanent?
No, it is a one-off rebate for 2026.
5. Can I check my tax bill on mobile?
Yes, just log in to myTax Portal with Singpass. IRAS will send SMS/email reminders.
6. What if my financial situation changes suddenly?
IRAS allows you to request a personalised instalment plan. It’s better to do this before the due date.
