Singapore to grant one-off property tax rebate for all owner-occupied residential properties in 2026

[SINGAPORE] The government will give a one-off property tax rebate in 2026, to cushion property tax increases for owner-occupiers of both public and private housing.

Owner-occupiers of Housing & Development Board (HDB) flats will get a tax rebate of 15 per cent, while private residential owner-occupiers will get a 10 per cent rebate capped at S$500.

This will help to cushion property tax increases for Singaporeans, amid a moderating residential rental market with modest increases in market rents, said the Ministry of Finance and Inland Revenue Authority of Singapore (Iras) on Friday (Nov 28).

The rebate will be automatically offset against any property tax payable in the owners’ 2026 property tax bill.

Owner-occupiers living in three-room and larger HDB flats will see an average property tax increase of S$2 to S$3 a month after the rebate.

All one and two-room HDB owner-occupiers will continue to pay no property tax.

Half of private property owner-occupiers will see a property tax increase of less than S$6 a month after the rebate. The rest will see higher increases for generally higher-value private properties.

All property owners will receive their 2026 property tax bills from December 2025, via SMS and/or e-mail.

Payment of the 2026 property tax bills is due on Jan 31, 2026.

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Iras added that property owners facing financial difficulties may approach it for assistance to discuss a suitable payment plan before the due date.