Assoc Prof Jamus Jerome Lim asked the Minister for Law how is the land valuation for community centres and community clubs calculated.
Mr K Shanmugam: The answer relates to Community Centres and Clubs which are on land managed by the Singapore Land Authority (SLA).1 The vast majority of Community Centres and Clubs are on land managed by SLA.
SLA values the rent for tenancies that it issues for Community Centres and Clubs at the prevailing market rate for Civic and Community Institution use, taking into consideration various parameters, such as location, floor area, land area and also the specific types of other uses, for example, childcare centre, shops, within the development.
Ministry of Law
21 March 2023