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Sep 22, 2022 · The Land Betterment Charge Act entered into force on 1 August 2022 and allows for the consolidation of charges for the enhancement of land value under SLA. The new LBC regime replaces the Development Charge (DC), Temporary Development Levy (TDL), and Differential Premium (DP) regimes.
Mar 1, 2022 · With effect from 1 August 2022, a new Land Betterment Charge (LBC) has replaced Differential Premium, Development Charge (DC) and Temporary Development Levy (TDL), which were previously administered by the Singapore Land Authority (SLA) and Urban Redevelopment Authority (URA) respectively.
Mar 1, 2024 · Revision of Land Betterment Charge Rates from 1 March 2024 1. The Land Betterment Charge (LBC) rates for the period 1 March 2024 to 31 August 2024 have been revised following a review by the Singapore Land Authority (SLA), in consultation with the Chief Valuer.
Aug 31, 2021 · The Ministry of National Development has revised the development charge (DC) rates for the period 1 September 2021 to 28 February 2022. The review is carried out on a half-yearly basis in consultation with the Chief Valuer.
Mar 4, 2021 · What are Development Charges (DC)? When developers build projects that increase the land value, they pay a tax referred to as the Development Charges. The amount of the DC will change based on the location and nature of the property. Singapore is divided into 118 sectors, with different charge rates; you can check the sector on the URA website.
Aug 31, 2020 · The Ministry of National Development has revised the development charge (DC) rates for the period 1 September 2020 to 28 February 2021. The review is carried out on a half-yearly basis in consultation with the Chief Valuer.
Feb 28, 2020 · The Ministry of National Development has revised the development charge (DC) rates for the period 1 March 2020 to 31 August 2020. The review is carried out on a half-yearly basis in consultation with the Chief Valuer. The DC rates for Use Group B2 {Residential, (non-landed)} have decreased.
SINGAPORE has again increased the development charge (DC) rates for landed and non-landed residential use groups, with significant increases for some locations, as the private housing market remains buoyant.
Feb 28, 2022 · SINGAPORE - Development charge (DC) rates were raised for the first time since March 2019 for residential, commercial and industrial use for the six months starting Tuesday (March 1).
