Outdoor roof terraces are ‘free spaces’
PHOTO: THE STRAITS TIMES
THE whooping price tag of $2.05 million for a 4,349 sq ft executive condominium (EC) has caught the attention of National Development Minister Khaw Boon Wan.
The EC unit in Tampines features a 1,600 sq ft roof terrace. Its hefty price has also created a stir among Singaporeans.
Mr Khaw then found out that the developers had included the cost of the roof terraces into the price.
The outdoor roof terraces are considered free spaces as developers need not pay development charges for them.
Mr Khaw said he has asked the Urban Redevelopment Authority to “to review this policy and have it fixed”.
- wong chee tat :)
THE whooping price tag of $2.05 million for a 4,349 sq ft executive condominium (EC) has caught the attention of National Development Minister Khaw Boon Wan.
The EC unit in Tampines features a 1,600 sq ft roof terrace. Its hefty price has also created a stir among Singaporeans.
Mr Khaw then found out that the developers had included the cost of the roof terraces into the price.
The outdoor roof terraces are considered free spaces as developers need not pay development charges for them.
Mr Khaw said he has asked the Urban Redevelopment Authority to “to review this policy and have it fixed”.
- wong chee tat :)
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