Yes, you can appeal against the land premium for the remnant land.
 
The procedure for the appeal is as follows:

·       Write to SLA to appeal against the land premium payable for the remnant land.

A.       For premium computed on the basis of 50% or 100% of the full land value using the applicable LBC rate

·       SLA will inform you that a spot valuation by the Chief Valuer will be required to assess your appeal. The spot valuation will only be carried out if you agree to pay an administrative fee and an estimated valuation fee upfront. The actual valuation fee, chargeable by the Chief Valuer, is pegged to the land premium of the subject remnant land which is to be determined via the spot valuation. 

·       You would then have to write to SLA to request for the spot valuation, and pay the administrative fee and estimated valuation fee. We will request the Chief Valuer to conduct the spot valuation. The Chief Valuer will determine the land premium of the subject remnant land and the actual valuation fee payable within 6 weeks. 

·       SLA will inform you of the actual valuation fee that you need to pay. If the actual valuation fee turns out to be higher than our estimated valuation fee which you have paid upfront, we will collect from you the shortfall. If the amount is lower, we will return the excess amount to you. The additional payment to SLA or the refund of the excess amount would take place within 2 weeks from the date of the letter informing you of the actual valuation fee. 

·       You will also be informed of the revised land premium based on the spot valuation by the Chief Valuer. You will not be allowed to fall back on the original land premium amount computed on the basis of 50% or 100% of the full land value using the applicable LBC rate if the revised land premium based on the spot valuation turns out to be higher. 

·       If you withdraw your application to purchase the remnant land upon receiving notice of the higher revised land premium, you will be barred from applying for purchase of the same plot of remnant land for half a year from the date the offer lapses.

B.        

C.       For premium computed on remnant land with synergistic value

·       You may engage a private valuer to assess the premium resultant from the amalgamation of the remnant land and provide justifications to support your appeal.