Property taxes for most residential properties will increase in 2024 due to higher market rents and annual values for most homes, the Ministry of Finance says in a statement.
- Also due to increase in property tax rates for higher-value private residential properties
- Government to give owner-occupied residential properties property tax rebates to offset the increase
- NOTE: In Feb.,
Singapore Hiking Tax on Pricey Property After Wealth Influx
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Eduard Gismatullin
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