Sep 1, 2011

DC Rates Sept 2011

September Revision of Development Charge rates: URA Media Release
Tampines Court is Sector 98, Use Group B2: DC Rate: $3150

In the light of the change in DC rate, the marketing agent should resubmit their calculations for the Differential Premium and Lease Top-up for owners to view.

The change should not reflect in a lower reserve price as they have already lopped off 10% efficiency in their calculations and they should not use this change as an excuse to lower the RP even further. 



My Table





2 comments:

  1. Developer would know how to pass the increase DC rate to buyers. It's not our problem.

    Try to reduce RP at our expense, we don't sell. Period.

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  2. we are sel;ling the land and i believe 1.8 to 2mil is a real fair price... anything less is a sell out as we are selling the land and that is worth more then the apartments. Please do not be fooled by the agents as I know how they work being in the former group..

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