
Development charges rates for commercial use increased by an average of 13%
For the period from 1 March 2011 to 31 August 2011, DC rates for Group A recorded the largest increase of 29% in Sector 9.
According to URA, the Ministry of National Development has revised the development charges rates for the period from 1 March 2011 to 21 August 2011. The review is carried out on a half-yearly basis, in consultation with the Chief Valuer.
The DC rates for Group A (Commercial) have increased by an average of 13%, with the largest increase of 29% in Sector 9 (Peck Seah Street / Maxwell Road / Anson Road area).
For Group B1 {Residential (landed)} the DC rates have on average increased by 18%, with the largest increase of 25% in Sector 108 (Holland Road / Sixth Avenue / Eng Neo Avenue / Adam Road / Farrer Road area).
The DC rates for Group B2 {Residential (non-landed)} have also increased by an average of 11%. The largest increase is 17% in Sector 100 (Upper Serangoon Road / Punggol Area).
For Group C (Hotel/Hospital), the DC rates have an average increase of 27% with the largest increase of 39% in Sectors 1, 2 & 7 (Church Street / Boon Tat Street / Cecil Street / Robinson Road / Shenton Way area), Sectors 19, 20 & 21 (Clemenceau Avenue / Havelock Road area), Sector 41 (Somerset Road area) and Sector 43 (Tanglin Road / Cuscaden Road area).
The DC rates for Group D (Industrial / Warehousing Use) have increased by 8% on average, with the largest increase of 20% in Sector 114 (Tuas / Jurong / Woodlands area).
For the remaining four use groups, namely Groups E, F, G and H, their DC rates have not changed.
The number of geographical sectors remains the same at 118. The Use Groups table has been updated following the removal of the Use Group ‘I”, as gazetted in October 2010.
The revised DC rates will be effective from 1 March 2011. The new rates will 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 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.