Development Charge

[stl67 0]

Hi,

Need some advice here.

My sister is eyeing on an old landed property about 3900 sqft ft. She plans to break the land into 2 parts. One for own stay and the other to sell after rebuilt into 2 x 3 storey inter terrace house.

The agent told her that she needs to apply for 2 different land title which is obvious and also the differrent address. What puzzle her is that her friend told her that she also needs to pay development charge to URA.

I thought development charge only applies if you want to increase the existing built up of a condo and it should not affect landed properties.

Anyone here in this forum has the experience to share pls?

Thanks

[blueocean 0]

You need to check with URA whether the plot of land can be sub-divided ....

Also, need to check what's the existing GFA.

Hi,

Need some advice here.

My sister is eyeing on an old landed property about 3900 sqft ft. She plans to break the land into 2 parts. One for own stay and the other to sell after rebuilt into 2 x 3 storey inter terrace house.

The agent told her that she needs to apply for 2 different land title which is obvious and also the differrent address. What puzzle her is that her friend told her that she also needs to pay development charge to URA.

I thought development charge only applies if you want to increase the existing built up of a condo and it should not affect landed properties.

Anyone here in this forum has the experience to share pls?

Thanks

[stl67 0]

You need to check with URA whether the plot of land can be sub-divided ....

Also, need to check what's the existing GFA.

Thanks.

The plot of land should be able to be divided.

The existing GFA is about 1400 sqft. This single atap house is easily 50 years old.

[blueocean 0]

Existing GFA is 1400 sqft. And the house is easily 50 years old ? What's the land size ? Plot ratio in masterplan ?

Many other searches to do ... road reserve lines etc

Thanks.

The plot of land should be able to be divided.

The existing GFA is about 1400 sqft. This single atap house is easily 50 years old.

[stl67 0]

Existing GFA is 1400 sqft. And the house is easily 50 years old ? What's the land size ? Plot ratio in masterplan ?

Many other searches to do ... road reserve lines etc

The land area is about 3900 sft. Plot ratio is 1.4. Yes the atap house is about 50 years old.

The road reserves lines is ok as the neigbhours'newly constructed units are not affected.

[blueocean 0]

Good luck in your project

The land area is about 3900 sft. Plot ratio is 1.4. Yes the atap house is about 50 years old.

The road reserves lines is ok as the neigbhours'newly constructed units are not affected.