Updated: Sep 13, 2021
"Do you know that your purchased land may be vested back to the state if it is under drainage reserve?"
Image Source: URA
A Drainage Reserve refers to land that is set aside for drainage works pursuant to development proposals approved by a competent authority. Drainage reserve shall be vested back to the state so that drainage work can be executed.
Hence, there may be a chance that you may be purchasing a land that may require a part of the land to be vested back to the state. Even if the state agree to temporarily not take back the land within drainage reserve, it will still affect the allowable built up area for detached house redevelopment.
Interested in a plot of land/house for rebuilt but unsure if it is affected by drainage reserve? Contact Chester @ 8883 8301 for your free consultation.
Fill up the contact details form below to find out more!