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) |
|---|---|
| $100 |
| $300 |
| $1,070 |
where the Chief Valuer determines the value of such immovable property or vacant land to be $20 million or less | $2,290 |
where the Chief Valuer determines the value of such immovable property or vacant land to be more than $20 million | $5,255
|
“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.