Land Betterment Charges Update: Mixed Impact on Landed and Non-Landed Properties

In the recent Land Betterment Charge (LBC) review, the Urban Redevelopment Authority (URA) and Singapore Land Authority (SLA) introduced changes that have significant implications for property owners and developers. The review is conducted biannually to reflect current market conditions. This round saw contrasting outcomes for landed and non-landed residential properties. Increase in LBC for Landed […]