Louis Chua on Land Betterment Charge Bill
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Louis Chua on Land Betterment Charge Bill(Updated: )
The Land Betterment Charge is one of the many ways in which land in Singapore can be continuously monetised by the Government to provide for recurring revenue, said MP Louis Chua. Speaking in Parliament on Monday (May 10), he said it is worth considering realigning the focus in the sale of state land from one of revenue maximisation - in that land is awarded to the highest bidder - to one in which the greatest value uplift can be provided. He also sought clarifications on several aspects of the Bill.