Property tax
Major tax hikes unlikely in upcoming Budget, but property tax rates may rise in future
Hiking property tax rates relatively palatable; consider concessions if rates rise
Property players call for lower ABSD on foreign buyers, review of EC income and loan caps
Other proposals floated include further tweaks to developers’ sales deadlines, lower consent threshold for en bloc sales
Singapore grants one-off property tax rebate for all owner-occupiers in 2026
Owners of one and two-room HDB flats will still be exempted from property tax
Up to 400 large UK stores at risk of closure from property tax hike: BRC
The government has proposed higher business rates, or commercial property taxes, on sites with a rateable value of over £500,000
Stamp duty takings up 9.5% to S$6.4 billion in FY2024 after two years of decline
Property tax revenue increases 12.9% to S$6.7 billion
Vietnam mulls overhaul of property transfer tax, sparks fears of stalling recovery
The drafted rule charges a 20% tax on net profit from real estate transactions, or 10% of the sale price for properties owned for under two years
Introducing inheritance tax can stymie entrepreneurism, warns property leader Rachel Teo
She also describes how a digital platform she co-founded lets people access fractional property opportunities
Hong Kong to reduce property tax for low-end home transactions
Residential units valued at HK$4 million (S$688,292) or below will be subject to the minimum stamp duty bracket at HK$100
Property tax should not be conflated with wealth tax
I READ with great interest Leslie Yee’s commentary “Don’t spare asset-rich, cash-poor private homeowners from paying higher property taxes” (BT, Jan 13), but I must respectfully disagree with his opin...
Don’t spare asset-rich, cash-poor private homeowners from paying higher property taxes
If needed, property tax rises for elderly owner-occupiers can accrue as an amount payable