Valuation fees
The valuation fees for applications received by IRAS on and after 15 Aug 2019 are as follows:
Subject-matter of Instrument | Fee (effective 15 Aug 2019) |
---|---|
1. Any immovable property – (a) sold under Part 4 of the Housing and Development Act; or (b) falling under Part 4B of the Housing and Development Act and treated as sold under Part 4 of that Act | $100 |
2. Any strata unit comprised in a strata title plan registered under the Land Titles (Strata) Act | $300 |
3. Any of the following immovable property not falling under item 1 or 2: (a) factory*; (b) landed dwelling-house*; (c) shophouse; (d) warehouse* | $1,070 |
4. Any – (a) immovable property not falling under item 1, 2 or 3; or (b) vacant land, where the Chief Valuer determines the value of such immovable property or vacant land to be $20 million or less | $2,290 |
5. Any - (a) immovable property not falling under item 1, 2 or 3; or (b) vacant land, where the Chief Valuer determines the value of such immovable property or vacant land to be more than $20 million | $5,255 |
*Notes for Item 3
“factory” excludes any factory which is used wholly or in part for any of the following purposes or industries:
- petrochemical;
- pharmaceutical;
- ship building or ship repair;
- treatment of sewage, water or waste;
- concrete batching;
- temporary storage or transit of oil, gas or liquid;
- district cooling;
- water fabrication;
- aeronautical;
- power-supply generation;
“landed dwelling-house” means any of the following types of houses used wholly or mainly for the purpose of human habitation:
- detached house;
- semi-detached house;
- terrace house;
“warehouse” means a building where storage is the principal use and where no business is transacted other than incidentally to such storage.