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Annual Value and Property Tax By Property Type

Description

Singapore property statistics by financial year and property type from the Inland Revenue Authority of Singapore, covering 2002 through 2024. Fields include number of assessment cases, total and median Annual Value, and property tax collected. The dataset supports housing market research, tax policy analysis, and comparisons of residential versus commercial property assessments across Singapore.

Official description

* The Annual Value of the property is the estimated annual rent of the property if it were to be let, excluding the rent for furniture, fittings and service charge. * Number of cases refers to the number of property assessments. Properties may be assessed individually or collectively as a group. * Property Tax Collection excludes Contribution in-lieu of Property Tax, Compounding Fee and Fees & Licences. * Property Type - Others, refers mainly to land but also includes clubs, garages, places of religious worship, etc. Property tax collection was higher in FY2011/12 due to the cessation of the Property Tax Deferral for Land Approved for Development on 21 January 2011 which resulted in the deferred property tax being collected in FY2011/12.

Last updated
Coverage
2002-01-01 – 2025-01-01
Rows
115
Columns
6

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Values are summed where multiple rows share the same category.

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Data

Financial Year Type of Property No. of Cases Annual Value Median Annual Value Property Tax Collection
2002 HDB 780522.000000 na na 33681.000000
2002 Private Residential 204943.000000 na na 287656.000000
2002 Commercial 63179.000000 na na 250178.000000
2002 Industrial 23533.000000 na na 265690.000000
2002 Others 4164.000000 na na 185015.000000
2003 HDB 793949.000000 na na 32382.000000
2003 Private Residential 216809.000000 na na 269401.000000
2003 Commercial 64549.000000 na na 282671.000000
2003 Industrial 26443.000000 na na 324610.000000
2003 Others 3901.000000 na na 186192.000000
2004 HDB 800298.000000 na na 51325.000000
2004 Private Residential 229047.000000 na na 287125.000000
2004 Commercial 65433.000000 na na 500220.000000
2004 Industrial 27183.000000 na na 441624.000000
2004 Others 3633.000000 na na 228301.000000
2005 HDB 808771.000000 na na 72694.000000
2005 Private Residential 237522.000000 na na 309703.000000
2005 Commercial 66169.000000 na na 512972.000000
2005 Industrial 27613.000000 na na 459622.000000
2005 Others 3588.000000 na na 251267.000000
2006 HDB 814123.000000 4568182 na 82073.000000
2006 Private Residential 240652.000000 5395685 na 310829.000000
2006 Commercial 66186.000000 5421594 na 565779.000000
2006 Industrial 28174.000000 4592576 na 474975.000000
2006 Others 4122.000000 3991085 na 312575.000000

Columns

Column Type Categorical
Financial Year Year (YYYY) Yes
Type of Property Text Yes
No. of Cases Numeric No
Annual Value Text No
Median Annual Value Text No
Property Tax Collection Numeric No