URA First Revision Of Development Charge Rates (DC Rates) in 2018
Published: 28 February 2018 Against the rise of bullish land bids by developers hurrying to boost their land-bank in 2017, the government has hiked development charge (DC) rates for non-landed residential use by 22.8 per cent on average. This is a bigger hike compared with the 13.8 per cent increase during the last revision…