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
Add BT as a preferred source
Singapore
THE government has left development charge (DC) rates largely unchanged for the next half year amid a generally stable property market over the past six months and thin transaction evidence.
The only use group with a change in DC rates in the latest revision, effective for the March 1 to Aug 31 period, is non-landed residential use, with a 0.2 per cent average decrease.
TRENDING NOW
CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh
Cat A COE rate exceeds Cat B for third time in 4 months; premiums largely down
‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse
Manulife pulls loan product for rich Hong Kong clients after scrutiny
