Press Release 01 Dec 2021

Revision in Annual Values for HDB Flats in 2022

Dear Editors,

The Inland Revenue Authority of Singapore (IRAS) will be revising the Annual Values (AVs) of HDB flats upwards by 4% to 6% with effect from 1 January 2022, in line with the increase in market rentals. The AV revision is part of IRAS’ annual review of properties to compute the property tax payable.

Please refer to the attached media release for more information. Thank you.

 

Inland Revenue Authority of Singapore

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