The government grants one off property tax rebate as 2026 bills approach

Among private owner-occupiers, about half are expected to see an increase of under $6 a month.

The government will grant a one-off property tax rebate in 2026 for all owner-occupied homes, according to the Inland Revenue Authority of Singapore (IRAS).

HDB owner-occupiers will receive a 15% rebate, while private owner-occupiers will receive a 10% rebate, capped at $500. The rebate will be automatically offset against the 2026 property tax bill.

After applying the rebate, one- and two-room HDB households will continue to pay no property tax. For three-room and larger HDB flats, the average increase works out to $2 to $3 a month.

Among private owner-occupiers, about half are expected to see an increase of under $6 a month, though owners of higher-value homes will face larger adjustments.

Property tax bills for 2026 will be issued from December 2025, with payment due on 31 January 2026. Taxpayers can use GIRO or eGIRO to pay in up to twelve months of interest-free instalments.

A 5% late-payment penalty will apply if payment is not made by the due date and no GIRO arrangement is in place.

From 1 January 2026, retirees will have extra flexibility under an Extended GIRO Scheme, which allows eligible owner-occupiers aged 65 and above with assessable income of $39,000 or below to pay their annual property tax over up to 24 months.

IRAS said the one-off rebate is intended to cushion 2026 property tax increases amid moderating rental markets while maintaining the progressive structure of the tax system.

A NOTE FROM SINGAPORE BUSINESS REVIEW

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.

The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.

So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia