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What is a property annual value?
Annual Value (AV) is the estimated gross annual rent of the property, if it were to be rented out.
This is an amount determined by IRAS annually, and a property tax is payable on the AV.
You can go to IRAS to check. There is currently no fee to retrieving the AV of any property, up last 6 years.
This is an example of the last 6 years of a property AV.
Notice the sharp increase in 2022-2024.