Category Archives: Property Development

DC rates rise to play catch-up with land prices

AMID strong developer appetite for condo development sites which has buoyed land prices, the government has upped the average DC (development charge) rate for non-landed residential use by 4 per cent for the March 1-Aug 31, 2017 period. This is … Continue reading

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New guidelines issued to developers for public spaces on private property

Public spaces on private property will soon have to meet new design guidelines such as providing ample shade and public seating, according to a circular to building owners and developers by the Urban Redevelopment Authority (URA) on Tuesday (Jan 24). … Continue reading

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DC rates raised for non-landed residential, commercial and hotel/hospital uses

THE government is increasing development charge (DC) rates, payable for enhancing the use of some sites or to build bigger projects on them, for commercial, non-landed residential and hotel/hospital uses. However, DC rates remain unchanged for landed residential, industrial, place … Continue reading

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Development charge rates dip across all sectors

Development charge rates have been revised downwards following the regular half-yearly review by the Ministry of National Development. A development charge is levied on projects that increase the value of the land they sit on. This could involve rezoning of … Continue reading

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Development charge rates lowered for industrial properties

Development charge (DC) rates for industrial properties will be reduced in most areas while rates for office, retail and residential will remain unchanged in the next six months. The Ministry of National Development said in a statement on Monday (Aug … Continue reading

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Changes to Housing Developers Act to kick in from May

The amendments to the Housing Developers (Control and Licensing) Act will kick in this month, which would result in weekly collection and publication of transaction data and more comprehensive information in transaction documents for the private residential property market. Parliament … Continue reading

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Singapore cuts development charges for non-landed residential projects

Singapore has lowered development charges (DC) for non-landed residential projects, with the biggest decrease seen in the north-eastern region. In a news release on Friday (Feb 27), the Ministry of National Development (MND) said that the DC rates have fallen … Continue reading

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Development charges for non-landed residential sites fall

Charges that developers have to pay to enhance the use of land will be lowered for almost half of the geographical sectors in the non-landed residential segment for the next six months — the first decline since March 2012 — … Continue reading

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Developers required to use prefab bathroom units from 2nd half of 2014

The push to raise productivity in Singapore’s construction sector is taking on a new focus this year. New rules will soon take effect, pushing for greater use of productive technologies such as prefabricated components. From the second half of 2014, … Continue reading

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BCA hopes developers will adopt new technologies to increase productivity

The Building and Construction Authority (BCA) has said the output productivity for building projects in the construction industry has risen by 1 to 2 per cent in the last couple of years. But it believes more can be done and … Continue reading

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