The government has lowered the development charge (DC) for non-landed residential sites by three per cent on average. This compared to the 12.2 per cent increase during the last revision exercise six months ago. The most significant decreases are in the Punggol Town/Upper Serangoon Road area, and the Hougang/Paya Lebar Road/Toa Payoh/Bishan areas, which will see rates fall by 14 per cent. Analysts say...