Wikipedia talk:WikiProject Mathematics/Archive 6

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The Annual Worth of a property is usually derived based on the estimated annual lease that it might probably fetch if it were rented out. In figuring out the Annual Worth of a property, IRAS will take into account the leases of similar properties within the vicinity, dimension and condition of the property, and other relevant factors. The Annual Worth of a property is decided in the same method no matter whether the property is let-out, owner-occupied or vacant. The Annual Value of land is determined at 5% of the market value of the land. When a constructing is demolished, the Annual Worth of the land is assessed by this technique. Property Tax on Residential Properties Buyer Stamp Duty on Purchase of Properties – Industrial and residential properties Lease Home District 01

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