Lower property tax for HDB flat owners in 2017

[SINGAPORE] Housing Board (HDB) flat owners will pay lower property tax next year while almost all private property owners will have lower or no change to their bills, said the Inland Revenue Authority of Singapore (Iras) on Monday.

Owner-occupiers of one- and two-room HDB flats continue to be exempt from property taxes, while three-room flat owners will pay up to S$18.40. This year, three-room flat owners paid up to S$37.60 in property taxes, while they paid up to S$49.60 in 2015.

Full story here.