Well, that's what the table says, isn't it?stiwi wrote:So if someone owns a property that he doesn't occupy and which estimated rental value is S$100k / year, he will pay S$20k property tax from 2015, is that correct?
Pal wrote:Non-owner-occupied residential property tax in 2014 (current rate 10% of AV)
AV - $30,000 or less - 10% (2015 - 10%)
AV - Next $15,000 - 11% (2015 - 12%)
AV - Next $15,000 - 13% (2015 - 14%)
AV - Next $15,000 - 15% (2015 - 16%)
AV - Next $15,000 - 17% (2015 - 18%)
AV - Above $90,000 - 19% (2015 - 20%) *DOUBLED!!!*