BCA champions the continual advancement of the construction industry. To this effect, it offers various incentive schemes that support the improvement of the industry in terms of productivity, mechanisation and buildability.
Available schemes
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Scheme
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Incentive
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Investment Allowance Scheme (IAS)
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Tax relief on approved capital expenditure on new productive construction equipment.
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Land Intensification Allowance
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Allowances on qualifying capital expenditure incurred for the construction or extension/ renovation works amounting to additions and alterations (A&A) works of approved LIA buildings.
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Balcony Bonus Gross Floor Area (GFA) Scheme
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Allows a bonus GFA beyond the Master Plan Gross Plot Ratio (GPR) for the site, if the stipulated buildable design score and pre-requisite of using Prefabricated Bathroom Units (PBUs) are met.
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Click on the individual schemes to read more about the qualifying criteria and application procedure.