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Budget 2024: Singapore government has decided to revise the annual value (AV) bands for owner-occupied residential properties starting from 1st Jan 2025



Budget 2024 Property Tax Revision
Budget 2024 Property Tax Revision

Here are the key points:


  1. Threshold Adjustments:

  1. Impact on Property Taxes:

  1. Future Monitoring and Rebates:

In summary, these adjustments aim to strike a balance between tax fairness and affordability for homeowners in Singapore. 🏠💰


Sources Reference: Straitstime

 

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