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The Ministry of National Development has revised the development charge (DC) rates for the period from 1 September 2013 to 28 February 2014.
The DC rates for Industrial/Warehousing Use have an average increase of 15%, with the largest increase of 29% in the following sectors:
The DC rates for landed residential have increased by an average of 7%, with increases ranging from 5% to 13% in 76 sectors and no change in DC rates for the remaining 42 sectors. The largest increase rate of 13% applies to 13 geographical sectors, including:
For non-landed residential use, the DC rates have increased by an average of 5%, with increases ranging from 5% to 28% in 53 out of 118 sectors with no change for the remaining 65 sectors. The largest increase of 28% is in Sector 74 (Kim Tian Road/Tiong Bahru Road/Bukit Ho Swee Link/Zion Road/Outram Road/CTE/Jalan Bukit Merah area).
The DC rates for Commercial and Hotel/Hospital use, and the remaining four use groups, have not changed for all sectors.
The review is carried out on a half-yearly basis, in consultation with the Chief Valuer. If there is any disagreement over the DC payable for any development proposal, calculated based on the rates under the respective Use Groups, developers and owners can opt for a case-by-case valuation by the Chief Valuer, as provided for in the Planning Act.