Development Charge

Latest land betterment charge rates reflect hot suburban vs cool prime condo markets

Rates up an average 3.8% for commercial, 7.8% for landed residential, 0.1% for non-landed residential, 0.7% for hotel, and 1.7% for industrial use

Development charge rates mostly unchanged in latest review

Development charge rates mostly unchanged in latest review

Sole change is that for non-landed residential use, with 0.2% average decrease, a third consecutive decline

Hikes in DC rates mirror recovery in most segments of Singapore property market

Hikes in DC rates mirror recovery in most segments of Singapore property market

REFLECTING the broad-based recovery in most segments of Singapore's property market in the past 6 months, the government has raised development charge (DC) rates for the landed and non-landed resident...

Hikes in DC rates mirror broad-based recovery in most segments of S'pore property market

Hikes in DC rates mirror broad-based recovery in most segments of S'pore property market

Reflecting the broad-based recovery in most segments of Singapore's property market in the past 6 months, the government has raised development charge (DC) rates for the landed and non-landed resident...

Development charge rates jump 10.9% for non-landed residential use

Development charge rates jump 10.9% for non-landed residential use

SINGAPORE has again increased the development charge (DC) rates for landed and non-landed residential use groups, with significant increases for some locations, as the private housing market remains b...

Group led by Daniel Teo buys Mount Rosie bungalow for S$43.8m

Group led by Daniel Teo buys Mount Rosie bungalow for S$43.8m

Property is being sold by Teo Choon Seng and Teo Tiou Seng, who are sons of Pacific International Lines' founding chairman YC Chang

Development charge rates up 0.3% for non-landed residential use, 1.5% cut for commercial use
SINGAPORE PROPERTY

Development charge rates up 0.3% for non-landed residential use, 1.5% cut for commercial use

Increase for non-landed residential rates is the first since rates began trending down in March 2019

Development charge rates raised 0.3% for non-landed residential use, cut 1.5% for commercial use

Development charge rates raised 0.3% for non-landed residential use, cut 1.5% for commercial use

THE Singapore government has cut the development charge (DC) rates for the commercial use group by an average of 1.5 per cent for the period March 1, 2021 to Aug 31, 2021.

DC rates trimmed 0.2% on average for non-landed residential use

DC rates trimmed 0.2% on average for non-landed residential use

THE Singapore government has trimmed the development charge (DC) rates for non-landed residential use by 0.2 per cent on average for the period March 1, 2020 to Aug 31, 2020.

High hotel DC rates threaten to throw a spanner in the works for CBD Incentive Scheme

High hotel DC rates threaten to throw a spanner in the works for CBD Incentive Scheme

ON March 27 this year, the Urban Redevelopment Authority (URA) unveiled the CBD Incentive Scheme, offering 25 or 30 per cent additional gross floor area (GFA) to motivate owners of older, predominantl...