IN A tough market, some modestly good news emerged for developers yesterday as development charges (DCs) for condo and other non-landed sites fell again.
Developers pay DCs to the Government for enhancing the use of a site or building a bigger project.
The Ministry of National Development said it has cut DC rates for non-landed residential use by an average of 3.2 per cent, the second straight cut - in line with property price moderation.
Tagged in:
DC for commercial uses
DC rates for hotels and hospitals
DC rates for industrial uses
DC rates for landed residential uses
Development charges DC
Development charges for non-landed residential sites
GLS for non-landed private residential developments
GLS for private residential developments
Government Land Sales for condo developments
Revised base on current market values
Singapore Property Cycle
Singapore Property market