GST: Guide for Property Owners and Property Holding Companies (Sixth Edition)

This guide explains how GST affects you as a property owner or a property holding company. It guides you on the application of GST for property
transactions and helps you decide whether you need to register for GST if you are involved in property transactions.

This guide also clarifies the type of property that qualifies for GST exemption.

If you are a property developer, you should also refer to our e-Tax guide on “GST: Guide for Property Developer” for issues related to the nature of your
business.

At a glance
The sale and lease of all properties in Singapore are subject to GST, except for the sale and lease of residential properties which are exempt from GST.

Where the sale and lease relates to a mixed-use property, GST is chargeable on the part of the property that is approved for non-residential use while the part
of the property that is approved for residential use is exempt from GST.

If the residential property is sold or leased with furniture and fittings (e.g. refrigerator, washing machine, dryer), only the sale or lease of the bare
residential property is exempt from GST. GST is chargeable on the sale or lease of furniture and fittings in the residential property.

GST is claimable on the purchase and rental of non-residential property if the property is used or will be used to conduct business activities which will in turn,
generate taxable supplies.

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