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Saturday, December 3, 2011

HDB property tax to rise, rebate to ease impact

Property tax on Housing and Development Board (HDB) flats is set to rise from next year, with effect from January to reflect the increase in their market values.

http://www.vampires.com/wordpress/wp-content/uploads/2010/05/kermit-and-vincent-price.jpg
Blood sucker

However, the Government will roll out a one-off S$55 rebate to cushion the impact on lower- and middle-income households. This is for flats that are occupied by their owners.

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