Singapore issues revision of development charge rates

The Ministry of National Development has revised the development charges or DC for the period 1 Sep 2009 to 31 Mar 2010. The review is carried out on a half-yearly basis, in consultation with the Chief Valuer, and has taken into account the current market values.

2 On average, the DC rates for Group A (Commercial) have decreased by 4%, Group B2 {Residential (non-landed)} decreased by 2%, and Group C (Hotel/Hospital) decreased by 4%. The DC rate for Use Group I (Business zone commercial use) has decreased by 4%. There is no change in DC rates for the remaining six use groups. (See Appendix 1 for Table of DC rates and Appendix 2 for the list of use group)

3 There are no changes to the Use Groups and the number of geographical sectors.

4 The revised DC rates, to be read in conjunction with the Use Group Table and the set of Geographical Sector maps (Map A and Map B), will be effective from 1 Sep 2009. The new rates will apply to cases which are granted Provisional Permission (PP) or 2nd and subsequent extension to the PP on or after the effective date.

5 If there is disagreement over the DC payable for any development proposal, calculated based on the rates under Use Groups A-H, developers and owners can opt for case-by-case valuation by the Chief Valuer as provided for in the Planning Act.

6 For any enquiries on DC sectors and use groups, please contact Ms Heng Siok Ngo of URA at Tel: 6321 6506, and for those on valuation matters, please contact Ms Loh Chye Ling of IRAS at Tel: 6351 4138.

Topics: current market values, development charge rates, economic development, Economy, Governance, Singapore

 Print This Article in Plain Text

Latest Headlines

• President Obama Hosts Taoiseach Of Ireland Brian Cowen
• Edinburgh Council Steps Up To Communal Stair Security
• White House Highlights U.S. Chamber Of Commerce Fights Financial Reform
• Cancer Patients In Edinburgh To Receive Benefits And Grants To Cope With Financial Burden
• White House: Without Health Care Reform Expect Premiums To Skyrocket
• Edinburgh To Begin Search To Replace 3 Top Council Members Who Are Retiring
• Creative Scotland Moves Home Base To Edinburgh
• UK Releases Health Care Statistics On Referral To Treatment Services “RTT”
• Illinois Moves Primary Election From February To March
• Nissan Brings The Leaf To UK Creating 550 Jobs
• UK Government Boost Funding For Disabled Children
• New York Governor Proposes To Cap State Spending And Property Taxes
• Florida Looks To Increase Business Investments For Port Projects
• U.S. Loan Modification Program Still Not Working Smoothly
• Nova Scotia Celebrates Local Culture And Heritage With Pictou Landing Powwow

In The News

Canada Announces Funding For The 147th Antigonish Highland Games

On behalf of the Honourable James

Canada Expanding Trade Relations With South Africa

The Honourable Peter Van Loan, Minister

Scotland To Create Confidential Helpline For Men Being Abused

A new service is being set

What Is The Future For Scotland’s Public Information Notices “PIN”

Legislation enabling councils to use online

£34 Million To Make Welsh Homes More Energy Efficient

The Welsh Assembly Government plans to