Charges for intensifying use of land in S’pore are mostly unchanged
The development charge (DC) rates for land uses for the next six months remain unchanged, with the exception of industrial use.
DC rates - which are levied by the government on developers who intensify the use of land - for commercial, residential, hotel/hospital, place of worship/civic and community institution uses have been left unchanged for the period from Sept 1, 2015 to Feb 29, 2016, said the Ministry of National Development today.
DC rates on land for industrial use, however, were cut by an average of 3 per cent, with a magnitude ranging from 3 per cent to 4 per cent for 87 out of 118 sectors.
There is no change to the DC rates for the remaining 31 sectors.
The largest decrease, with a 4 per cent drop, applies to places like Kaki Bukit, Simei, Boon Lay and Jurong West.
The largest decrease, with a 4 per cent drop, applies to places like Kaki Bukit, Simei, Boon Lay and Jurong West.
DC rates are revised twice a year - on March 1 and Sept 1.
The Straits Timts/ Business Published on Monday, 31 August 2015 By Dennis Chan - Deputy Money Editor Charges for intensifying use of land in S’pore are mostly unchanged
Please click the following for other Related Readings:
20 Office units in
Parkway Centre up for sale
First of 20 new hawker centres will open in Hougang in August 2015
First of 20 new hawker centres will open in Hougang in August 2015
EC News :
Buyers snap up Brownstone penthouses
Brownstone executive condo makes strong debut
Buzz on EC income cap draws buyers
Fillip for ECs could hurt mass market condos' demand
Brownstone executive condo makes strong debut
Buzz on EC income cap draws buyers
Fillip for ECs could hurt mass market condos' demand
Condos Properties
Singapore private
home prices are Asia's 2nd worst performers
HDB Flexi scheme
2-Rm Flexi scheme: 40% of flats set
aside for seniors; studio apartment lease can be extended
Seniors buying Flexi flats can choose fittings too
More flexible HDB flat options for elderly buyers
Seniors buying Flexi flats can choose fittings too
More flexible HDB flat options for elderly buyers
HDB properties
Property Financing
or loan
Malaysian Projects
General (All
Properties)
No comments:
Post a Comment