[Bluebull]

I read until blur.

Singapore got HDB value at lesser than $30k, meh?

This will impact top 7% or in fact, impact 93% of owner residential properties? 

This increase will impact the top 7 per cent of owner-occupied residential properties, Mr Wong said in his Budget speech.

Owner-occupied homes with an annual value of $30,000 or less, such as Housing Board flats or condominiums and landed property in suburban areas, will not be affected by the increase in property tax rates.

The final tax rates of up to 36 per cent for non-owner-occupied homes or 32 per cent for owner-occupied residential properties will take effect for tax payable from 2024.

When fully implemented, these changes will raise Singapore's property tax revenue by about $380 million a year.



https://www.youtube.com/watch?v=Xk_zz6_E9vY&t=13s