Land betterment charges up 4.1% on average for non-landed residential, 4% for landed residential uses

Land betterment charges up 4.1% on average for non-landed residential, 4% for landed residential uses

The latest rates are for the six months starting on March 1. Read more at straitstimes.com.

Non-landed residential land betterment charges rise 4.1% in strongest uptick since 2022

The land betterment charge (LBC) rates for the March–August 2026 cycle have been raised across several use groups, led by a 4.1% increase for non-landed residential (B2) — the largest revision since September 2022. Landed residential (B1) rates rose 4.0% on average, industrial (D) increased 3.2%, while commercial (A) edged up 0.5%. Hotel (C) rates remained unchanged, says Chua Yang Liang, head of research and consultancy, Southeast Asia, JLL. Th…

Land betterment charges upped 4.1% on average for non-landed residential, 4% for landed residential uses

LBC rates raised on average by 3.2% for industrial and 0.5% for commercial use groups; no change for hotel/hospital/nursing home use