{"id":120980,"date":"2021-07-21T03:28:07","date_gmt":"2021-07-20T20:28:07","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/lta-unveils-new-grant-to-install-electric-vehicle-chargers-in-condos\/"},"modified":"2021-07-21T12:03:39","modified_gmt":"2021-07-21T05:03:39","slug":"lta-unveils-new-grant-to-install-electric-vehicle-chargers-in-condos","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lta-unveils-new-grant-to-install-electric-vehicle-chargers-in-condos\/","title":{"rendered":"LTA unveils new grant to install electric vehicle chargers in condos"},"content":{"rendered":"


\nLTA unveils new grant to install electric vehicle chargers in condosThe Land Transport Authority (LTA) revealed that the Electric Vehicle Common Charger Grant will help fund the installation cost of 2,000 EV chargers at such homes as an early adoption incentive.
\nCondominiums and private apartments eyeing to install electric vehicle (EV) chargers can avail of a new grant which offsets half the installation cost for such chargers, reported Channel News Asia (CNA).
\nRecommended article:\u00a0Which Condos in Singapore Have Electric Car Charging Points?
\nThe Land Transport Authority (LTA) revealed that the Electric Vehicle Common Charger Grant will help fund the installation cost of 2,000 EV chargers at such homes as an early adoption incentive.
\nThe Government targets to deploy 60,000 EV charging points across the city-state by 2030, of which 20,000 will be found in private premises and 40,000 in public car parks.
\nLTA noted that owners of chargers, whether owners of the residence or an EV charging operator, can avail of the grant to cover three upfront costs \u2013 namely, the licensed worker fees, the charging system as well as the cabling and installation costs, which is capped at $1,000.
\nLTA explained that the grant will co-fund 50% of these costs, subject to an overall limit of $4,000 per charger.
\nTo facilitate more efficient electricity consumption and energy planning, the grant will only co-fund chargers that feature smart functions which allow them to monitor as well as react to energy consumption data via adjustments to the rate of charging.
\nMoreover, it will only co-fund the installation of chargers for up to 1% of residential parking lots in each residence. This is to catalyse the initial deployment of EV chargers in as many houses as possible.
\nThe grant will be available to private developments which include residential units, except for shophouses, landed properties, hostels, hotels, workers\u2019 dormitories and serviced apartments.
\nThe Electric Vehicle Common Charger Grant will open for application from 29 July and will be available until 31 December 2023, or until 2,000 chargers are approved for co-funding, whichever is earlier.
\nIn Budget 2020, Singapore unveiled its vision to phase out internal combustion engine vehicles as well as have all vehicles run on cleaner energy comes 2040.
\nThe Government has since then rolled out various measures to promote the use of more environment-friendly vehicles, such as the Electric Vehicle Early Adoption Incentive.
\n\u00a0
\nLooking for a property in Singapore? Visit PropertyGuru\u2019s\u00a0Listings,\u00a0Project Reviews\u00a0and\u00a0Guides.
\nVictor Kang, Digital Content Specialist at PropertyGuru, edited this story. To contact him about this story, email:\u00a0victorkang@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…LTA unveils new grant to install electric vehicle chargers in condos<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

LTA unveils new grant to install electric vehicle chargers in condosThe Land Transport Authority (LTA)...<\/p>\n","protected":false},"author":1,"featured_media":120981,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-120980","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property-news"],"jetpack_featured_media_url":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/07\/pexels-electric-car.jpg?fit=820%2C410&ssl=1","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-vti","jetpack-related-posts":[{"id":120421,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ev-charging-to-solar-panels-how-connected-tech-is-changing-the-homes-we-live-in\/","url_meta":{"origin":120980,"position":0},"title":"EV charging to solar panels: How connected tech is changing the homes we live in","date":"February 16, 2021","format":false,"excerpt":"\r Solar panels and home-based electric vehicle chargers could become common sights in the years ahead.\r \r Source : cnbc.com\r Read more...EV charging to solar panels: How connected tech is changing the homes we live in","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":134973,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/terra-hill-sells-38-of-units-during-launch-30-housing-projects-face-sales-deadline-in-2023-and-more\/","url_meta":{"origin":120980,"position":1},"title":"Terra Hill Sells 38% of Units During Launch, 30 Housing Projects Face Sales Deadline in 2023, and More","date":"February 27, 2023","format":false,"excerpt":"\r Terra Hill Sells 38% of Units During Launch, 30 Housing Projects Face Sales Deadline in 2023, and More21st\u00a0February to 27th February 2023 Freehold luxury project Terra Hill sold 102 units or 38% of its 270 units at an average price of $2,650 per sq ft (PSF) during its launch.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2023\/02\/68784216_s-Cropped.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":154868,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/porsche-shell-partner-to-install-133-ev-charging-points-across-oman-by-2026\/","url_meta":{"origin":120980,"position":2},"title":"Porsche, Shell partner to install 133 EV charging points across Oman by 2026","date":"May 29, 2025","format":false,"excerpt":"\r The first chargers from the collaboration are already installed and available for use\r \r Source : arabianbusiness.com\r Read more...Porsche, Shell partner to install 133 EV charging points across Oman by 2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2025\/05\/Porsche-Centre-Oman-and-Shell-Oman-EV-charging-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":111744,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/contract-to-install-noise-barriers-along-north-south-east-west-lines-awarded\/","url_meta":{"origin":120980,"position":3},"title":"Contract to install noise barriers along North-South, East-West Lines awarded","date":"October 21, 2019","format":false,"excerpt":"\r Once completed in 2023, LTA expects the noise barriers to reduce noise levels from passing trains by five to 10 decibels. 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