News Releases

27 February 2009

Revision of development charge rates

The Ministry of National Development has revised the development charges or DC for the period 1 Mar 2009 to 31 Aug 2009. The review is carried out on a half-yearly basis, in consultation with the Chief Valuer, and has taken into account the current market values. The DC rates for four use groups namely Group A, B2, C and I, will decrease on average by between 4 and 15%.

On average, the DC rates for Group A (Commercial) have decreased by 4%, Group B2 {Residential (non-landed)} decreased by 15%, and Group C (Hotel/Hospital) decreased by 10%. The DC rate for Use Group I (Business zone commercial use) has decreased by 4%. There is no change in DC rates for the remaining six use groups. (See Appendix 1 for Table of DC rates and Appendix 2 for the list of use group)

There are no change to the Use Groups and the number of geographical sectors.

The revised DC rates to be read in conjunction with the Use Group Table and the set of Geographical Sector maps (Map A and Map B), will be effective from 1 Mar 2009. The new rates will also apply to cases which are granted Provisional Permission (PP) or 2nd and subsequent extension to the PP on or after the effective date.

If there is disagreement over the rate of DC payable for any development proposal under Use Groups A-H, developers and owners can opt for case-by-case valuation by the Chief Valuer as provided for in the Planning Act.

For any enquiries on DC sectors and use groups, please contact Ms Heng Siok Ngo of URA at Tel: 6321 6506, and for those on valuation matters, please contact Ms Loh Chye Ling of IRAS at Tel: 6351 4138.

Issued by the Ministry of National Development