Government lowers development charge rates for non-landed homes

SINGAPORE - The Ministry of National Development has trimmed development charge (DC) rates for non-landed residential use by an average of 3 per cent from Sunday, March 1.

This is the second straight downward revision for the use group, after it was cut by an average of 1.6 per cent half a year back.

The decrease ranges from 2 per cent to 13 per cent for 73 out of 118 geographical sectors.

The largest decrease, with a 13 per cent drop, is in Sector 100 (Tampines Road / Hougang / Punggol / Sengkang area).