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.

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