Chapter 4.8.
Taxes on property

What triggers the Land Betterment Charge (LBC) in Singapore?

Changing the exterior of a building

When land is rezoned or its plot ratio is increased

Selling a property within one year of purchase

Converting a property into a commercial space

The answer is B

The Land Betterment Charge (LBC) is applicable when land is rezoned or its plot ratio is increased, sharing the uplift in land value with the government.

Chapter 4.8.Taxes on property

What triggers the Land Betterment Charge (LBC) in Singapore?

The answer is B

Chapter 4.8.
Taxes on property