In 2025, the Singapore Government introduced a One-Off Property Tax Rebate to help households manage rising living costs. This rebate applies to both owner-occupied and non-owner-occupied residential properties, but the benefit differs depending on your property type and tax liability. In this guide, we break down who qualifies, how much you can save, and how to apply (if needed).
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💡 1. What is the One-Off 2025 Property Tax Rebate?
The 2025 Property Tax Rebate is a one-time government measure announced in the Budget 2025 statement. It is aimed at offsetting part of the property tax bill for the year, particularly in light of recent property tax band adjustments and rising Annual Values (AVs) in the housing market.
📊 2. Who Qualifies for the Rebate?
- Owner-Occupied Residential Properties – Rebate applies automatically to homes where the owner resides.
- Non-Owner-Occupied Residential Properties – Eligible for a smaller rebate amount.
- Commercial and Industrial Properties – Not covered under this scheme.
No application is required — IRAS will apply the rebate directly to your 2025 property tax bill if you qualify.
📈 3. Rebate Rates for 2025
The rebate is calculated as a percentage of your payable property tax for the year.
| Property Type | Rebate Rate | Maximum Rebate Cap |
|---|---|---|
| Owner-Occupied Residential | 15% | $1,000 |
| Non-Owner-Occupied Residential | 10% | $500 |
For example, if your owner-occupied property tax bill for 2025 is $2,000, you will enjoy a rebate of $300 (15% × $2,000).
🧮 4. How is the Rebate Applied?
- IRAS computes your property tax based on your AV and the applicable tax band.
- The rebate percentage is applied to the payable amount.
- Your bill will reflect the reduced amount — no separate refund process is needed.
📌 5. Payment and Deadlines
Property tax bills are issued in December 2024 for payment by 31 January 2025. The rebate is factored into the bill before the due date.
Tip: If you are on a monthly GIRO plan, the rebate reduces your monthly instalments automatically.
⚠️ 6. Common Misconceptions
- The rebate is not a cash payout — it directly reduces your property tax payable.
- You cannot “carry forward” unused rebate to the next year.
- Commercial properties are excluded from this benefit.
✅ 7. Maximising Your Savings
While the rebate is a welcome relief, you can further reduce your property tax liability by:
- Ensuring your property is correctly classified as owner-occupied.
- Reviewing your AV if you believe it is overestimated.
- Applying for other government schemes such as the GST Voucher – U-Save (for eligible households).
📍 Final Thoughts
The One-Off 2025 Property Tax Rebate is part of Singapore’s targeted approach to easing cost-of-living pressures without permanently altering the property tax structure. If you are a homeowner, be sure to check your bill in December to confirm the rebate has been applied.
