Under the Property Tax Act, the Chief Assessor prepares a Valuation List and may update it as necessary to reflect current market conditions. If you believe the valuation is incorrect, you can request a review. Frequent re-assessments are carried out to address changing market factors, and under Section 20 of the Act, the Chief Assessor is empowered to update figures deemed inaccurate. You can visit:
•
www.iras.gov.sgfor more details on how to proceed.