For most home buyers, Development Charges (DC) are not something we’d consider important. This is something the property developers pay for, right? But long-time investors and market watchers know better – not only are developer costs ultimately passed down in some way, changes to DC may also foreshadow upcoming housing policies. That’s why it’s worth taking note of the recent changes to the development charges made by URA; here’s what you should know: What are Development Charges (DC)? When developers build projects that increase the land value, they pay a tax referred to as the Development Charges. The amount of the DC will change based on the location and nature of the property. Singapore is divided into 118 sectors, with different charge rates; you can check the sector on the URA website. Note that these sectors bear no direct relevance to District or Town. The current rates as of March 2021 are located here....