Singapore legislation
Regulation 20
Regulation 20
2003 Master Plan Value as in 2003 for land zoned for certain purposes
Subregulation 1
Where the land is zoned in the 2003 Master Plan for Commercial and Residential purpose, the 2003 Master Plan Value as in 2003 of the land must be worked out according to the formulawhere —
M1 is the floor area of the development of the land which may be permitted to be used for Commercial and Residential purpose in the 2003 Master Plan;
K1 is the rate under the 2003 DC Rules corresponding to both the appropriate geographical sector of the land under the 2003 DC Rules and Use Group A in the Third Schedule; and
K2 is the rate under the 2003 DC Rules corresponding to both the appropriate geographical sector of the land under the 2003 DC Rules and Use Group B2 in the Third Schedule.
Subregulation 2
Where the land is zoned in the 2003 Master Plan for the purpose of Hotel, the 2003 Master Plan Value as in 2003 of the land must be worked out according to the formulawhere —
M2 is the floor area of the development of the land which may be permitted to be used for purpose of Hotel in the 2003 Master Plan;
K1 is the rate under the 2003 DC Rules corresponding to both the appropriate geographical sector of the land under the 2003 DC Rules and Use Group A in the Third Schedule; and
K3 is the rate under the 2003 DC Rules corresponding to both the appropriate geographical sector of the land under the 2003 DC Rules and Use Group C in the Third Schedule.
Subregulation 3
Where the land is zoned in the 2003 Master Plan for the purpose of Business Park, the 2003 Master Plan Value as in 2003 of the land must be worked out according to the formulawhere —
M3 is the floor area of the development of the land which may be permitted to be used for purpose of Business Park in the 2003 Master Plan;
K1 is the rate under the 2003 DC Rules corresponding to both the appropriate geographical sector of the land under the 2003 DC Rules and Use Group A in the Third Schedule; and
K4 is the rate under the 2003 DC Rules corresponding to both the appropriate geographical sector of the land under the 2003 DC Rules and Use Group D in the Third Schedule.
Subregulation 4
Where the land is zoned in the 2003 Master Plan for the purpose of Business 1‑White or Business 2‑White with the notation “3.0[B – 2.5]W”, the 2003 Master Plan Value as in 2003 of the land must be worked out according to the formulawhere —
M4 is the floor area of the development of the land which may be permitted to be used for purpose of Business 1‑White or Business 2‑White in the 2003 Master Plan;
K1 is the rate under the 2003 DC Rules corresponding to both the appropriate geographical sector of the land under the 2003 DC Rules and Use Group A in the Third Schedule; and
K4 is the rate under the 2003 DC Rules corresponding to both the appropriate geographical sector of the land under the 2003 DC Rules and Use Group D in the Third Schedule.
Subregulation 5
Where the land is zoned in the 2003 Master Plan for the purpose of Residential with Commercial at 1st Storey Only, the 2003 Master Plan Value as in 2003 of the land must be worked out according to the formulawhere —
M5 is the floor area of the development of the land which may be permitted to be used for purpose of Residential with Commercial at 1st Storey Only in the 2003 Master Plan;
K1 is the rate under the 2003 DC Rules corresponding to both the appropriate geographical sector of the land under the 2003 DC Rules and Use Group A in the Third Schedule; and
K2 is the rate under the 2003 DC Rules corresponding to both the appropriate geographical sector of the land under the 2003 DC Rules and Use Group B2 in the Third Schedule.
Subregulation 6
Where the land is zoned in the 2003 Master Plan for the purpose of Transport Facilities and the authorised development of the land as at 10 December 2003 is for petrol station or petrol filling station, the 2003 Master Plan Value as in 2003 of the land must be worked out according to the formulawhere —
M6 is the floor area of the development of the land which may be permitted to be used for purpose of Transport Facilities in the 2003 Master Plan; and
K1 is the rate under the 2003 DC Rules corresponding to both the appropriate geographical sector of the land under the 2003 DC Rules and Use Group A in the Third Schedule.
Subregulation 7
For the purpose of determining the values of “K1”, “K2”, “K3” and “K4” in sub‑paragraphs (1) to (6), the Use Group in Part II of the First Schedule to the 2003 DC Rules must be deemed to refer to the particular Use Group specified in the Third Schedule as provided in those paragraphs, and not a Use Group in Part I of the First Schedule to the 2003 DC Rules.