LBC rates for residential, commercial, industrial, hotel uses raised


LBC rates for commercial use increased by 3.8% on average, up from a 0.4% rise in the previous revision. — The Straits Times

LAND betterment charge (LBC) rates for key use groups – residential, commercial, industrial and hotels – in Singapore for the next half year have all been raised for the first time since a September 2011 review.

Developers pay an LBC for the right to enhance the use of some sites or to build bigger projects on them.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

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