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Top 5 Most Popular FAQs
Sale of Land
How is land premium payable, based on 50% of the full land value computed based on the applicable DC rate, computed?
The formula for calculating land premium payable for remnant State land based on 50% of the full land value computed based on the applicable DC rate is:
Land premium = Area of Remnant State Land x Master Plan GPR x Applicable DC Rate x 5/7 x Leasehold Factor (only applicable for leases that have 99 years or less in tenure)
Master Plan Gross Plot Ratio
Identify the Master Plan gross plot ratio and zoning from
URA’s Master Plan
Applicable DC rate
– Determine Geographical Location of Subject Property
Find out from
the major roads surrounding the subject property.
Next, identify the geographical sector number of the subject property from
URA’s DC Sector Maps
with reference to the major roads.
– Determine Use Group of the Subject Property
Identify the use group of the subject property from
URA’s Use Group Tables
e.g. residential (landed dwelling-house) comes under use group B1.
– Determine applicable DC rate for the Subject Property
Determine the applicable DC rate for the subject property from
URA’s Table of DC Rates
. The applicable DC rate at the date of Notice of Preliminary Terms and Conditions, offer, or closed tender (whichever is applicable) will be used.
Once you have selected the appropriate Table of DC rates, match the geographical sector number of the subject property against the use group of the subject property to determine the applicable DC rate.
Where remnant State lands are sold on a leasehold basis for a tenure less than or equal to 99 years, the premium will be adjusted accordingly using the
Please refer to
Change in Determination of Land Value for Remnant State Lands
for more details.
How does SLA determine the premium of the remnant land?
The premium payable for remnant State land is generally based on 50% of the full land value. This is determined by applying the factor of 5/7 to the applicable Development Charge (DC) rate (the premium computed on this basis will henceforth be referred to as “50% of the full land value computed based on the applicable DC rate”). Please see FAQ 8 for the formula to calculate the land premium for remnant land based on 50% of the full land value computed based on the applicable DC rate.
The applicable DC rate at the date of Notice of Preliminary Terms and Conditions, offer, or closed tender (whichever is applicable) for sale of the remnant land will be used.
However, in certain cases where the remnant land adds synergistic value to the adjoining parcel, the premium payable may be determined using 50% of the enhancement in land value of the amalgamated site as assessed by Chief Valuer, and the premium payable in such instances could be higher than that calculated on the basis of 50% of the full land value computed based on the applicable DC rate.
How can I find out whether a plot of remnant land is State or private land?
You can find out the ownership status of a plot of remnant land via
INLIS (Integrated Land Information Services)
How does SLA sell the remnant land to me?
There are two ways.
If the remnant State land adjoins only your property, it can be sold directly to you, or
If the remnant State land adjoins several properties, SLA will invite all interested property owners to bid for the remnant land in a closed tender. The land will be awarded to the highest bidder whose bid is equal to or higher than the reserve price.
What are remnant lands?
Remnant lands are small and/or irregularly-shaped plots of land left over after development. They are incapable of independent development by virtue of their size and shape. They however have the potential to enhance the economic value and use of adjoining lands.
If you are unable to find an answer to your query, please submit your
to let us know how we can help you.
Last Update : 01 July 2013
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