Is Zillow Tax History Accurate?
Owner-Occupier Tax Rates (Residential Properties) Owner-occupied residential properties may be condominiums, HDB flats or other residential properties where the owner lives in (“occupies”) the property.
How is the annual property tax rate calculated?
Formula for Calculating Property Tax Annual property tax is calculated by multiplying the Annual Value (AV) of the property with the Property Tax Rates that apply to you. For example, if the AV of your property is $30,000 and your tax rate is 10%, you would pay $30,000 x 10% = $3,000.