What is the annual value of property 1a Park Vale?

To determine the annual value (AV) of a specific property, such as 1A Park Vale, you would need to refer to the data provided by the Inland Revenue Authority of Singapore (IRAS). Here are the steps you can follow:

Check IRAS Website

You can use the "Check Annual Value of Property" digital service on the IRAS website to look up the annual value of the property. This service allows you to search for the annual value of the current year and up to the past five years.

Use MyTax Portal

If you are the owner of the property, you can log into the mytax.iras.gov.sg portal to find the current annual value of your property.

General Guidance

The annual value is determined based on the estimated gross annual rent of similar or comparable properties in the vicinity, excluding furnishings, furniture, and maintenance fees. For example, if 1A Park Vale is a condominium, the AV would be calculated based on the market rentals of similar condo units in the same area.

To get the exact annual value, you would need to use the IRAS digital service or check your property tax notice, as the AV can vary significantly depending on the specific location, size, and condition of the property.