Matters to be considered in determining compensation – Apartment for sale in Singapore
In determining the amount of compensation to be awarded for land acquired, the Board shall take into consideration the following matters:- Apartment for sale in Singapore.
(a) where the date of acquisition of the land is on or after 12th February 2007, the market value of the acquired land;
(b) any increase in the value of any other land of the person interested likely to accrue from the use to which the land acquired will be put;
(c) the damage, if any, sustained by the person interested at the time of the Collector’s taking possession of the land by reason of severing that land from his other land;
(d) the damage, if any, sustained by the person interested at the time of the Collector’s taking possession of the land by reason of the acquisition injuriously affecting his other property, whether movable or immovable, in any other manner;
(e) if, in consequence of the acquisition, he is compelled to change his residence or place of business, the reasonable expenses, if any, incidental to that change; and
(f) if, in consequence of the acquisition, any reissue of title is necessary, the fees or costs relating to survey, issue and registration of title, stamp duty and such other costs or fees which may reasonably be incurred.
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