Our Ref : 141/19-08
Fax : 6321 6596
Date : 12 Feb 2007
President
Real Estate Developers’ Association of Singapore
190 Clemenceau Ave #07-01
Singapore Shopping Centre
Singapore 239924
President
The Law Society of Singapore
39 South Bridge Road
Singapore 058673
REVISION OF FEES PAYABLE FOR A HOUSING DEVELOPER’S LICENCE
Objective
This is to inform developers and solicitors of the revision in the fees payable for the issue of a housing developer’s licence.
Effective date
With effect from 1 Apr 2007.
Who should know
Developers and solicitors.
Background
- A developer is required to pay a fee for the issue of a housing developer’s licence which varies depending on the number of housing units in the development.
Revision of Fees
- The existing fees for the issue of a housing developer’s licence had remained unchanged since 2000. Since then, the costs of processing applications for a housing developer’s licence and administering the functions related to licensed developers’ housing projects have increased. Hence, the existing fees will be revised to cover the higher costs incurred.
- The fees payable for a housing developer’s licence will be increased as shown in Table 1 below. The new fees will apply to all online applications for a housing developer’s licence submitted on or after 1 Apr 2007.
Table 1 – Fees payable for a housing developer’s licence
| Size of housing project |
Old Fees |
New Fees |
| Not more than 10 units |
$1,500 |
$2,000 |
| 11 – 50 units |
$3,000 |
$4,500 |
| 51 – 100 units |
$4,500 |
$7,500 |
| 101 - 200 units |
$6,000 |
$11,000 |
| 201 - 400 units |
$7,500 |
$14,000 |
| More than 400 units |
$9,000 |
$17,000 |
Frequently asked questions
- We are pleased to attach a set of frequently asked questions and answers on the revision of fees for your information.
Follow-up actions
- We would appreciate it if you could convey the contents of this circular to members of your organisation.
- We would also appreciate if you can let us know of any feedback that you received from your members.
- If you or your members have any queries concerning this circular, please do not hesitate to call our COH hotline at Tel: 6329 3513 or send an e-mail to us at URA_COH@ura.gov.sg.
Thank you.
MARC BOEY
CONTROLLER OF HOUSING
URBAN REDEVELOPMENT AUTHORITY
FREQUENTLY ASKED QUESTIONS – REVISION OF FEES PAYABLE FOR A HOUSING DEVELOPER’S LICENCE
FEE REVISION
- Why is there a need to revise the fees payable for a housing developer’s licence?
The revision in fees is to cover the higher costs incurred in processing applications for the issue of a housing developer’s licence and administering the functions related to licensed developers’ housing projects, e.g. processing requests to amend the prescribed Option to Purchase and Sale and Purchase Agreement.
- What is the basis for determining the fees payable for a housing project?
The fees payable for a housing project is determined based on the total costs of processing the licence application and administering the functions related to the housing development throughout the licence period.
NEW LICENCE APPLICATIONS
- What is the effective date for the new fees? Is it based on the date of submission of the online application for a housing developer’s licence or the date of submission of the required supporting documents and cheque for the application?
The effective date for applying the new fees is based on the date of submission of the online application. Hence, the new fees will apply to all online applications submitted on or after 1 Apr 2007.
- If the online application for a housing developer’s licence is submitted before 1 Apr 2007, but the required supporting documents and cheque are submitted after the said date, will the developer be charged based on the old fees or new fees?
The effective date for the new fees is the date of submission of the online application for a housing developer’s licence. In the situation described above, if the online application is submitted before 1 Apr 2007, the old fees will be applicable, even if the required supporting documents are submitted after 1 Apr 2007.
- Is there a deadline for a developer to submit the required supporting documents and cheque after the online application has been received by the Controller? How will the fees be calculated if the developer misses the deadline?
A developer is required to submit the required supporting documents and cheque to the Controller within 1 month after the submission of the online application. If the required supporting documents and cheque are not received by the Controller within the 1-month period, the application will be returned to the developer.
Once the application is returned, the developer would have to submit a fresh application if he wishes to obtain a housing developer’s licence. If the fresh application is submitted on or after 1 Apr 2007, the new fees will be applicable.
AMENDMENT TO EXISTING LICENCES
- Does the revision in licence fees affect existing licensed developers?
Generally, the revision in licence fees does not affect existing licensed developers. If, however, the licensed developer increases the number of units being developed in his project, there is a possibility that he is affected by the fee revision.
- An existing licensed housing developer decides to increase the number of units in his development and submits an application to amend the number of housing units reflected in the licence. Does he have to pay additional fees?
If the total number of housing units being developed under the new planning approval still falls within the same fee category, no additional fees are payable (see Example A below). If the total number of housing units being developed under the new planning approval does not fall within the old fee category, the developer would have to pay additional licence fees based on the difference in the fee categories under the new fee structure (see Example B below).
Example A – No Additional Licence Fees Payable
No. of housing units reflected in licence: 40 units
No. of housing units under new planning approval: 48 units
In this case, no additional licence fees is payable as the number of units being developed under the new planning approval still falls within the same fee category of “11 – 50 units”.
Example B – Additional Licence Fees Payable
No. of housing units reflected in licence: 40 units
No. of housing units under new planning approval: 60 units
In this case, additional licence fees is payable as there is a change in the fee category. The development of 40 housing units falls under the fee category of “11 – 50 units”, while the proposed development of 60 housing units under the new planning approval falls under the fee category of “51 – 100 units”. The additional licence fees payable is $3,000, which is the difference in fees payable for the 2 fee categories:
| |
Licence fees payable |
| Number of housing units |
(based on new fees) |
| 11 – 50 units |
$4,500 |
| 51 – 100 units |
$7,500 |
|
| Additional Fees Payable |
$3,000 |
|
- What is the effective date for the new fees for a licensed housing developer who wishes to amend his licence to reflect the increase in housing units being developed?
The effective date for the new fees is the date of receipt of the application to amend the existing licence.
|