Revision of Land Betterment Charge Rates
1.
The Land Betterment Charge (LBC)
rates for the period 23 September 2022 to 28 February 2023 have been revised
following a review by the Singapore Land Authority (SLA), in consultation with
the Chief Valuer.
2. The Land Betterment Charge Act entered into force on 1 August 2022 and allows for the consolidation of charges for the enhancement of land value under SLA. The new LBC regime replaces the Development Charge (DC), Temporary Development Levy (TDL), and Differential Premium (DP) regimes. The DC Table of Rates are correspondingly replaced with the Land Betterment Charge (LBC) Table of Rates, which will continue to be revised on a half-yearly basis.
3. The LBC rates for Use Groups A (Commercial), B1 (Residential, landed), B2 (Residential, non-landed) and D (Industrial) have increased. The LBC rates remain unchanged for Use Groups C (Hotel/Hospital), E (Place of Worship / Civic and Community Institution), and Use Groups F, G and H. (See Appendix 1 for Table of LBC Rates).
LBC rates for Use Group A (Commercial)
4. The LBC rates for Use Group A (Commercial) have increased by 5.4% on average. 116 out of the 118 sectors saw an increase in LBC rates ranging from 3% to 8%, with the remaining 2 sectors seeing no change. The largest increase of 8% applies to the following sectors:
· Sectors 1 to 8 (Refer to detailed locations in Table 1)
· Sectors 10 to 12 (Refer to detailed locations in Table 1)
· Sectors 17 to 20 (Refer to detailed locations in Table 1)
· Sectors 41 to 43 (Cairnhill Road / Orchard Road / Somerset Road / Exeter Road / Buyong Road / Cavenagh Road / Scotts Road / Orchard Road / Orchard Boulevard / Bideford Road / Nutmeg Road / Mount Elizabeth / Claymore Road / Tanglin Road / Cuscaden Road / Grange Road)
· Sector 60 (Thomson Road / Irrawaddy Road / Tan Tock Seng Link / Mandalay Road / Central Expressway)
· Sector 88 (Mount Faber / West Coast Highway / Keppel Bay / Labrador Nature Reserve)
5. The LBC rates for Use Group B1 (Residential, landed) have increased by 10.2% on average. 116 out of the 118 sectors saw an increase in LBC rates ranging from 9% to 14%, with the remaining 2 sectors seeing no change. The largest increase of 14% applies to the following sector:
· Sector 67 (Cluny Road / Napier Road / Tanglin Road / Anderson Road / Stevens Road / Dalvey Road)
LBC rates for Use Group B2 (Residential, non-landed)
· Sector 113 (Yuan Ching Road / Corporation Road / Jurong West Ave 2 / PIE / KJE / Choa Chu Kang Ave 1 / Choa Chu Kang Way / Choa Chu Kang Road / Woodlands Road / Upper Bukit Timah Road / Bukit Batok area / Bukit Panjang area)
7. The LBC rates for Use Group D (Industrial) have increased by 2.3% on average. 94 out of the 118 sectors saw an increase in LBC rates ranging from 2% to 5%, with the remaining 24 sectors seeing no change. The largest increase of 5% applies to the following sectors:
· Sector 98 (Kaki Bukit / Bedok / Xilin Avenue / Simei / Changi South Area)
· Sector 108 (Holland Avenue / Holland Road / Sixth Avenue / Eng Neo Avenue / Pan-Island Expressway / Adam Road / Farrer Road / Margaret Drive / Tanglin Road / Commonwealth Avenue)
· Sector 114 (Boon Lay / Jurong West / Pioneer / Tuas / Sungei Kadut / Choa Chu Kang / Lim Chu Kang area)
8. There are no changes to the Use Groups Table and the Geographical Sector maps.
9. The revised LBC rates (Appendix 1), to be read in conjunction with the Use Groups Table (Appendix 2) and the set of Geographical Sector maps[1] (Map A and Map B), take effect from 23 September 2022. The new rates will apply to cases which are granted Provisional Permission (PP) or 2nd and subsequent extensions to the PP on or after the effective date.
10. For PPs or 2nd and subsequent extensions to the PP granted from 1 September 2022 (inclusive) to 22 September (inclusive), the March 2022 DC rates announced on 28 February 2022 (later replaced by the LBC on 1 August 2022) will continue to apply.
11. For enquiries on geographical sectors and use groups, please contact Ms Tan Puay Joo at Tel. No. 6478 3767 from SLA.
Issued by:
Singapore Land Authority
22 September 2022
[1] Please use the Land Betterment Charge (LBC) Sector Maps and Rates to find out the LBC sector number and rates of a particular site.
TABLE 1 – DESCRIPTION OF SECTORS’ LOCATION
APPENDIX 1 - TABLE FOR LAND BETTERMENT CHARGE RATES PER SQUARE METRE - SEPTEMBER 2022
APPENDIX 2- PURPOSES OF DEVELOPMENT WITHIN USE GROUPS
2. The Land Betterment Charge Act entered into force on 1 August 2022 and allows for the consolidation of charges for the enhancement of land value under SLA. The new LBC regime replaces the Development Charge (DC), Temporary Development Levy (TDL), and Differential Premium (DP) regimes. The DC Table of Rates are correspondingly replaced with the Land Betterment Charge (LBC) Table of Rates, which will continue to be revised on a half-yearly basis.
3. The LBC rates for Use Groups A (Commercial), B1 (Residential, landed), B2 (Residential, non-landed) and D (Industrial) have increased. The LBC rates remain unchanged for Use Groups C (Hotel/Hospital), E (Place of Worship / Civic and Community Institution), and Use Groups F, G and H. (See Appendix 1 for Table of LBC Rates).
LBC rates for Use Group A (Commercial)
4. The LBC rates for Use Group A (Commercial) have increased by 5.4% on average. 116 out of the 118 sectors saw an increase in LBC rates ranging from 3% to 8%, with the remaining 2 sectors seeing no change. The largest increase of 8% applies to the following sectors:
· Sectors 1 to 8 (Refer to detailed locations in Table 1)
· Sectors 10 to 12 (Refer to detailed locations in Table 1)
· Sectors 17 to 20 (Refer to detailed locations in Table 1)
· Sectors 41 to 43 (Cairnhill Road / Orchard Road / Somerset Road / Exeter Road / Buyong Road / Cavenagh Road / Scotts Road / Orchard Road / Orchard Boulevard / Bideford Road / Nutmeg Road / Mount Elizabeth / Claymore Road / Tanglin Road / Cuscaden Road / Grange Road)
· Sector 60 (Thomson Road / Irrawaddy Road / Tan Tock Seng Link / Mandalay Road / Central Expressway)
· Sector 88 (Mount Faber / West Coast Highway / Keppel Bay / Labrador Nature Reserve)
5. The LBC rates for Use Group B1 (Residential, landed) have increased by 10.2% on average. 116 out of the 118 sectors saw an increase in LBC rates ranging from 9% to 14%, with the remaining 2 sectors seeing no change. The largest increase of 14% applies to the following sector:
· Sector 67 (Cluny Road / Napier Road / Tanglin Road / Anderson Road / Stevens Road / Dalvey Road)
LBC rates for Use Group B2 (Residential, non-landed)
· Sector 113 (Yuan Ching Road / Corporation Road / Jurong West Ave 2 / PIE / KJE / Choa Chu Kang Ave 1 / Choa Chu Kang Way / Choa Chu Kang Road / Woodlands Road / Upper Bukit Timah Road / Bukit Batok area / Bukit Panjang area)
7. The LBC rates for Use Group D (Industrial) have increased by 2.3% on average. 94 out of the 118 sectors saw an increase in LBC rates ranging from 2% to 5%, with the remaining 24 sectors seeing no change. The largest increase of 5% applies to the following sectors:
· Sector 98 (Kaki Bukit / Bedok / Xilin Avenue / Simei / Changi South Area)
· Sector 108 (Holland Avenue / Holland Road / Sixth Avenue / Eng Neo Avenue / Pan-Island Expressway / Adam Road / Farrer Road / Margaret Drive / Tanglin Road / Commonwealth Avenue)
· Sector 114 (Boon Lay / Jurong West / Pioneer / Tuas / Sungei Kadut / Choa Chu Kang / Lim Chu Kang area)
8. There are no changes to the Use Groups Table and the Geographical Sector maps.
9. The revised LBC rates (Appendix 1), to be read in conjunction with the Use Groups Table (Appendix 2) and the set of Geographical Sector maps[1] (Map A and Map B), take effect from 23 September 2022. The new rates will apply to cases which are granted Provisional Permission (PP) or 2nd and subsequent extensions to the PP on or after the effective date.
10. For PPs or 2nd and subsequent extensions to the PP granted from 1 September 2022 (inclusive) to 22 September (inclusive), the March 2022 DC rates announced on 28 February 2022 (later replaced by the LBC on 1 August 2022) will continue to apply.
11. For enquiries on geographical sectors and use groups, please contact Ms Tan Puay Joo at Tel. No. 6478 3767 from SLA.
=== End ===
Issued by:
Singapore Land Authority
22 September 2022
[1] Please use the Land Betterment Charge (LBC) Sector Maps and Rates to find out the LBC sector number and rates of a particular site.
TABLE 1 – DESCRIPTION OF SECTORS’ LOCATION
|
Sector |
Description
of Location |
|
1 |
Cross
Street / Collyer Quay / Fullerton Square / Philip Street / Telok Ayer Street/
Raffles Place Area |
|
2 |
South
Bridge Road / South Canal Road / Phillip Street / Church Street / Pickering
Street |
|
3 |
Hill
Street / Victoria Street / Seah Street / Beach Road / Ophir Road / Nicoll
Highway / Esplanade Drive / City Hall Area |
|
4 |
Victoria
Street / Rochor Road / Ophir Road / Beach Road / Seah Street / Bugis Area |
|
5 |
Nicoll
Highway / Suntec City Area / Ophir Road / Raffles Avenue / Promenade Area |
|
6 |
Collyer
Quay / Fullerton Road |
|
7 |
Stanley
Street / Cecil Street / Shenton Way / Cross Street |
|
8 |
Maxwell
Road / Erskine Road / Amoy Street / Telok Ayer Street |
|
10 |
Kee
Seng Street / Gopeng Street / Palmer Road / Keppel Road / Cantonment Road |
|
11 |
Shenton
Way / Straits Boulevard / Marina Boulevard / Raffles Quay |
|
12 |
Bayfront
Area / Marina Bay Sands |
|
17 |
New
Bridge Road / Cross Street / Telok Ayer Street / Pickering Street |
|
18 |
Havelock
Road / Outram Road / Pearl Bank / Chin Swee Road |
|
19 |
Kim
Seng Road / Robertson Quay Area / Mohamed Sultan Road / Clemenceau Avenue /
Havelock Road |
|
20 |
Clemenceau
Avenue / River Valley Road / Eu Tong Sen Street / Havelock Road / Clarke Quay
Area |
APPENDIX 1 - TABLE FOR LAND BETTERMENT CHARGE RATES PER SQUARE METRE - SEPTEMBER 2022
APPENDIX 2- PURPOSES OF DEVELOPMENT WITHIN USE GROUPS