Marina Bay with Suntec City and National Stadium and Kallang in the background.
Another sign of super efficient Singapore
Property prices are up. So property taxes are going up. Another big bonus for the tax dept. So high property prices also is good for the govt, or at least the tax dept.
And the standard formula applies. The tax will go up. But there will be rebate for two years. You only pay more later. Get use to the bigger tax figures first so that the numbers will become more familiar.