Property tax in Singapore
See what Singapore's tax rules do to your property portfolio.
What Freeholt models for property, income and retirement in Singapore, and what it does not.
Free to start. No card. Rules reviewed 24 August 2026.
Modelled here
- Tax on rental income
- Capital gains on a sale
- Duty on purchase
- Annual property or land tax
SGD · Rates as at 24 August 2026 · Rates editable in Settings · Estimates, not advice
Residents add net rent to income (0 to 24% progressive); non residents pay a flat 24%. Actual expenses or a 15% deemed deduction plus mortgage interest may be deducted; property tax itself is progressive on the Annual Value.
How rental income is taxed in Singapore
For a resident owner: Progressive rates from 2% to 24%, stacked on other income in this country. The top rate of 24% applies above SGD 1,000,000. For an owner living abroad and renting this out: A flat 24% on net rent after costs.
Interest and losses
Mortgage interest is deductible against the rent. A rental loss is ring fenced: it carries forward against future rental income rather than reducing other income now.
Capital gains on a sale
There is no capital gains tax on residential property. A seller side levy still applies on the way out, up to 12% of the sale price, and it falls hardest on a quick resale.
Annual property tax while holding
Charged on the annual rental value of the property rather than its capital value, on a progressive scale.
What it costs to buy
About 6% of the price on purchase. A foreign buyer pays a further 60% on top. Buyer's Stamp Duty (up to ~6%) plus Additional Buyer's Stamp Duty. 60% for foreign individuals.
Can a foreign buyer purchase here?
A foreign buyer needs approval before purchasing. Foreigners buy condos/apartments freely; LANDED property needs LDAU approval (Sentosa Cove fast tracked). Foreign buyers pay 60% ABSD (65% for entities); US citizens and Swiss/Norwegian/Icelandic/Liechtenstein nationals are treated as citizens under FTAs.
A territorial system
Singapore taxes income arising here, not worldwide income, so property held in other countries is generally outside its net. That makes the country of residence a bigger lever than usual.
How Freeholt models Singapore
Every rate above is priced from Freeholt's own table for Singapore and runs through the whole projection: rental income, a modelled sale and the annual holding costs all use the same figures. They are also defaults that can be edited in Settings, so a position that differs, or a rate that changes before we catch it, can be corrected and the projection reprices around it.
What running this property costs
In Singapore this covers property tax on the Annual Value (non owner occupier rates 12 to 36%), monthly MCST/maintenance fees, insurance, and leasing agent commission.
How borrowing works here
Floating or fixed rate loans up to ~30 years, capped by MAS rules (TDSR 55%, LTV ~75%).
What actually happened here
This country's own record, one year at a time. Nothing on this page is borrowed from another country. Move across a chart to read a year.
Recent rule changes in Singapore
- 2025-07-04 Seller's Stamp Duty tightened for purchases on/after 4 Jul 2025: 16/12/8/4% inside years 1 to 4 (was 12/8/4% over 3 years from 11 Mar 2017), 0% after. COMPUTED as a seller levy (keyed off the sale date as a proxy for the purchase date).
What Freeholt models here
- ModelledTax on rental income
- Resident and non resident rates, with interest and losses treated under the local rule.
- ModelledCapital gains on a sale
- No general capital gains tax, but a charge on the seller at the sale, which is priced.
- ModelledDuty on purchase
- One off, on the way in, at the scale in force.
- ModelledAnnual property or land tax
- Charged every year the property is held.
- Not yetIncome tax beyond the rent
- Not modelled for this country yet.
- Not yetDividends, interest and share sales
- Not modelled for this country yet.
- Not yetRetirement savings
- Not modelled for this country yet.
- Not yetInheritance and what happens on death
- Not modelled for this country yet.
What Freeholt does not model here
- Inheritance and estate tax
- Treaty relief between this country and the owner's country of residence
Coverage deepens country by country. Every figure is an estimate, not advice.
Compare with another country
Each page is built from the same table the app runs on, so the figures line up side by side.
Compare Singapore with another country — rent, gains, annual tax and duty, side by side.
Questions people ask
- Does Freeholt model Singapore property tax?
- Yes. Rental income tax, capital gains on a sale, duty on purchase and annual property or land tax are priced from Freeholt's own rate table for Singapore. Any rate or threshold can be corrected in Settings so the whole projection reprices. Every figure is an estimate, not advice.
- How is rental income from Singapore taxed if I live somewhere else?
- A flat 24% on net rent after costs. Tax may also be due in the country of residence, with credit for what was paid here. Estimates only, not advice.
- What are the Singapore figures as at?
- The rate table for Singapore was last reviewed on 24 August 2026. Freeholt date stamps every country rather than implying all of them were checked on the same day. Estimates only, not advice.
Model a property in Singapore alongside everything else you own: see the year your portfolio starts paying you back.