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Government eases DC rates for key use groups

The reductions come amid the overall price and rental weakness across the property market

Kalpana Rashiwala

Kalpana Rashiwala

Published Mon, Feb 29, 2016 · 09:50 PM
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Singapore

AMID the overall price and rental weakness across various segments of the property market, the government has trimmed development charge rates for most of the major use groups for the Mar 1 to Aug 31 period this year.

Development charge (DC) is payable for enhancing the use of some sites or to build bigger projects on them.

On average, DC rates have …

KEYWORDS IN THIS ARTICLE

Development Charge

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