So, What’s Going On?

From 1 September 2025, the Land Betterment Charge (LBC) for non-landed residential use went up by an average of 0.7%. While most areas saw no change, a few hot pockets like Siglap / Bedok South / Bayshore spiked by 15.4%, and places like Bishan / Serangoon / Ang Mo Kio rose 9.5%. Only one sector even saw a dip.

👉 Rozi’s Field Notes:
This isn’t a blanket hike. It’s like the government highlighting spots where land is heating up. If you live or own in those sectors, it’s almost like a neon sign flashing: “Your area is in demand.”

Why the Spike?

The revision reflects what’s really happening out there:

  • Hot bidding wars in GLS and en-bloc sales, such as Thomson View and River Valley Green.
  • Better vibes in the market, with interest rates steadying and buyers piling back into new launches.
  • Location, location, location. East Coast and city-fringe spots always have that magic pull.

👉 Rozi’s Field Notes:
When developers fight tooth and nail for land, it’s because they’re confident people will buy. That confidence trickles down and you can see which areas might heat up next.

What Does This Mean for You?

Developers’ Dilemma

Higher LBC means higher costs to redevelop. Some will tread carefully, but the bold ones in high-demand areas will still go all in.

👉 Rozi’s Field Notes:
Collective sale dreams may be harder in some areas. But if your estate is in a prime zone, developers usually bite the bullet because launches there fly.

Buyers’ Reality Check

Costs could filter into launch prices, especially in affected sectors. But don’t forget: demand, location, and layout often shape prices more than LBC tweaks.

👉 Rozi’s Field Notes:
If you’re eyeing a new launch in Siglap or Serangoon, expect a little uptick. But hey, if the MRT, schools, and lifestyle line up, that premium often feels worth it.

Sellers’ Sweet Spot

If your area got hit with higher LBC, that’s a signal your land is valued more. Good news for long-term values, but buyers may also do a double-take on price.

👉 Rozi’s Field Notes:
Play up your “growth zone” story if you’re selling. But be realistic. Today’s buyers know the numbers and aren’t shy about comparing options.

Big Picture

The LBC adjustment is basically a pulse check. It’s not flipping the market, but it shows where confidence and demand are flowing.

👉 Rozi’s Field Notes:
Think of it like a weather forecast, not the whole climate, but enough to tell you if it’s heating up in your neighbourhood.