Singapore legislation
Regulation 19
Regulation 19
Determining 2003 Master Plan Value as in 2003 generally
Subregulation 1
Except where otherwise provided in this paragraph or paragraph 20, 21 or 22, the 2003 Master Plan Value as in 2003 of any land must be worked out according to the formulawhere —
J is the floor area of the development of the land which may be permitted to be used for a purpose for which the land is zoned in the 2003 Master Plan; and
K is the rate under the 2003 DC Rules which corresponds to both —
the appropriate geographical sector of the land under the 2003 DC Rules; and
the Use Group as specified in the Third Schedule within which falls the purpose for which the land was zoned in the 2003 Master Plan.
Subregulation 2
Where the 2003 Master Plan does not prescribe a maximum permissible plot ratio for the land and the land is within a Landed Housing Area or any of the conservation areas set out in the Fourth Schedule, the value of “J” in the formula in sub‑paragraph (1) must be determined using the plot ratio specified in the Fourth Schedule in relation to the land.
Subregulation 3
For the purpose of determining the value of “K” in sub‑paragraph (1), the Use Group in Part II of the First Schedule to the 2003 DC Rules is deemed to refer to the particular Use Group specified in the Third Schedule within which falls the purpose for which the land was zoned in the 2003 Master Plan, and not a Use Group in Part I of the First Schedule to the 2003 DC Rules.