Determination of Ground Rent
Description: Determination of ground rent involves calculating and assigning the appropriate annual rent payable to the government for leasehold land, particularly after events such as subdivision, change of user, or lease extension.
This process ensures that the rent reflects the current land value, intended use, and any modifications to the parcel's size or status.
It requires submission of relevant approvals, survey plans, and other supporting documents, and is typically carried out by valuation and land administration officers.
Accurate determination of ground rent promotes fairness, enhances revenue collection, and ensures consistency in the management of public land resources..
Requirements: Relevant approvals and RIM/Survey plan.
Charges: Free