Rental Income Tax (Effective) in Singapore compared to Asia

Footnote | Export Sort: Alphabetically | Ascending | Descending

Click name of country for detailed information
Azerbaijan 14.00%
Bangladesh 30.00%
Cambodia 14.00%
China 5.00%
Georgia 5.00%
Hong Kong 11.40%
India 7.87%
Indonesia 20.00%
Japan 3.40%
Kazakhstan 15.00%
Laos 7.50%
Macau 8.76%
Malaysia 22.40%
Mongolia 10.00%
Myanmar 7.50%
Nepal 25.00%
Pakistan 11.40%
Philippines 4.06%
Singapore 16.64%
South Korea 0.00%
Sri Lanka 14.81%
Taiwan 20.00%
Thailand 2.73%
Uzbekistan 20.00%
Vietnam 20.00%

Singapore: Rental income taxes (%).

The tax levied on the average annual income on a rental apartment/property in the country.


  • Gross rental income is /US$1,500/month
  • The property is personally directly owned jointly by husband and wife
  • Both owners are foreigners and non-residents
  • They have no other local income
  • There is no mortgage, i.e., no loan is taken for the purchase

In arriving at the pre-tax profit figure, we calculate, and deduct:

  • Depreciation / capital allowances if available. We assume a value for the apartment based on our valuation research, and depreciate on this basis.

We deduct any other costs which a landlord normally pays - management charges, buildings insurance, realtor agency fees, etc. We either choose a standard percentage deduction (if available) or typical actually incurred costs. If real estate tax is normally payable by the landlord, we deduct that.

Our rental income tax figures are provided by accountants (see list of contributors). For more details see the Data FAQ.

Source: Global Property Guide Research, Contributing Accounting Firms

Singapore has a quarterly residential property index, which can be accessed from the Urban Redevelopment Authority's site. Excellent economics data are from the Singapore Statistics and the Monetary Authority of Singapore..