Tag Archives: Property Tax

Having already paid thousands upon thousands for our dream house, be it HDB or condo or anything else with a roof, every year, we also need to pay the government taxes for what is essentially, a house we own. Of course, the house we own, we will never fully pay for it until maybe 30 years down the road, but still, it is our house. We paid for it to purchase it from HDB, not loan it. So, property tax? Explanation from the govt is of course, property tax helps to fund children education, help the elderly in their medical facilities, and even help ordinary Singaporeans have a recreational space by funding all the parks in SG.

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