AGAINST the backdrop of a challenging macroeconomic environment, the government has announced muted adjustments in development charges (DC).

The government has raised development charge (DC) rates for commercial use by 1.7 per cent on average for the period Sept 1, 2019 to Feb 29, 2020. This is a slower rate of increase than the 9.8...

AMID waning interest in private residential developments sites following last July's cooling measures, development charge (DC) rates for non-landed residential use have been lowered for the...

THE government has cut development charge (DC) rates for non-landed residential use by 5.5 per cent on average.