Valuation Fees

A valuation fee is payable according to the Fifth Schedule of the Stamp Duties Act (Cap 312).

Valuation Fees

The valuation fees for applications received by IRAS on or after 01 Jul 2016 have been revised:

 Subject-matter of InstrumentFee (Effective 01 Jul 2016)
1.     Any immovable property -

        (a)   sold under Part IV of the Housing and Development Act (Cap. 129); or

        (b)   falling under Part IVB of the Housing and Development Act and treated as sold under Part IV of that Act
$94
2.    Any strata unit comprised in a strata title plan registered under the Land Titles (Strata) Act (Cap. 158)  $287 

3.     Any of the following immovable property not  falling under item 1 or 2:

        (a)   factory;

        (b)   landed dwelling-house;

        (c)    shophouse;

        (d)    warehouse

 

Note for Item 3

“factory” excludes any factory which is used wholly or in part

for any of the following purposes or industries:

       (a) petrochemical;

       (b) pharmaceutical;

       (c) ship building or ship repair;

       (d) treatment of sewage, water or waste;

       (e) concrete batching;

       (f) temporary storage or transit of oil, gas or liquid;

       (g) district cooling;

       (h) water fabrication;

       (i) aeronautical;

       (j) power-supply generation;

 

“landed dwelling-house” means any of the following types of houses used wholly or mainly for the purpose of human habitation:

      (a) detached house;

      (b) semi-detached house;

      (c) terrace house;

 

“warehouse” means a building where storage is the principal use and where no business is transacted other than incidentally to such storage.


 

$1,020 

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

$2,179 
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

$5,005 

 

 

 

For fees before 01 Jul 2016, click here.

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