URA revises development charge rates for property sectors

Average rates for industrial properties increased the most at 31%.

The Ministry of National Development has revised the development charge rates for the period from 1 September 2011 to 29 February 2012. 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 22%, with the largest increase of 32% in Sector 101 (Paya Lebar Central: Paya Lebar / Eunos / Macpherson Road area).

For Group B1 {Residential (landed)}, the DC rates have on average increased by 17%, with the largest increase of 20% in 22 out of 118 geographical sectors.

The DC rates for Group B2 {Residential (non-landed)} have also increased by an average of 12%. The largest increase is 39% in Sector 57 (Serangoon Road / Whampoa / Bendemeer Road area).

For Group C (Hotel/Hospital), the DC rates have an average increase of 7% with the largest increase of 9% in Sectors 1, 2 & 7(Cecil Street / Boon Tat Street / Robinson Road area), and Sectors 19, 20 & 21 (Havelock Road /Clemenceau Avenue / New Bridge / South Bridge Road / Upper Pickering Street area).

The DC rates for Group D (Industrial / Warehousing Use) have increased by 31% on average, with the largest increase of 55% in Sector 114 (Tuas / Pioneer Road / Jurong / Sungei Kadut / Mandai Estate / Woodlands area) and Sector 115 (Woodlands / Sembawang / Yishun area).

For the remaining four use groups, namely Groups E, F G & H, their DC rates have not changed. The number of geographical sectors also remains the same at 118.

The new rates will apply to cases which are granted Provisional Permission or 2nd and subsequent extension to the PP on or after the effective date.

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