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DC rates for non-landed residential use dip on weaker home prices

No change for landed and industrial use; 9% average rise for places of worship, hotels

Singapore THE authorities have trimmed development charge rates for non-landed residential use by an average of 1.6 per cent from Monday. This is not surprising given the weakening in non-landed private home prices, say analysts. Landed residential DC rates were left untouched as were the rates

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