PSP’s proposal for cheaper HDB flats makes other S’poreans pay the cost: Indranee Rajah
It's too good to be true.
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The PAP Story - Told From Within.
Paying for State land not a case of “left pocket, right pocket”, says NMP Raj Thomas, cautions against misunderstanding
When something incorrect is repeated often enough, it becomes perceived as the truth.
Cap on BTO price, No MOP for resale: PAP MPs suggest how to keep HDB flats affordable & accessible
Concrete suggestions on how we can alleviate the BTO crunch and yet keep housing sustainable.
Less profits, less subsidies: PAP MPs spill hard truths about cheaper HDB flats
From bold things to hard truths, PAP MPs highlight the trade-offs that Singaporeans incur with alternative housing policies.
Opposition gives attractive housing alternatives but not frank about trade-offs: Desmond Lee
Singaporeans now and in future have to suffer the trade-offs.
Is public housing in S’pore still affordable & accessible? We look at the facts.
An intense week in Parliament is coming up as motions on housing will be debated in the House. The PAP Government has filed a Parliamentary motion to affirm its commitment on affordable and accessible public housing—a response to similar motion ...
Public housing motion: PAP Govt commits to affordable & accessible public housing for S’poreans present & future
Affordable, accessible public housing is a vital issue for the PAP Government. This has been the case since the earliest days of Singapore’s independence and will continue to be for future generations of Singaporeans. The PAP Government will affirm t ...
55% of the BTO backlog is cleared & work continues: HDB
Good news to start the week: the building of BTOs is back on track. Remarkable: a total of 52 BTO projects delayed by the pandemic are now done. This is approximately 55 per cent of the BTO backlog. Even more remarkable: The
Whole range of market support & subsidies for BTOs is all readily available
The Housing Development Board (HDB) makes the effort of putting up comparable resale prices in the brochures of all Build to Order (BTO) launches for buyers to get a better sense of the price differences, said National Development Minister Desmond Le ...
Fact vs Fiction: Sim Ann refutes misleading SERS claims again
Knowing that he would not succeed in painting the Government as inconsistent or uncaring, Non-constituency Member of Parliament Mr Leong Mun Wai changed tack and made new claims, wrote Senior of State Sim Ann in a Facebook post today (Jan 10). This a
Should land meant for HDB flats be valued at historical cost? Desmond Lee explains why it’s ‘too good to be true’
Should state land that is sold to HDB be valued at its historical cost of acquisition? This was the question that Minister for National Development Desmond Lee answered today (Jan 10, 2023) in Parliament. He was responding to a recent comment made
Dispelling false & misleading narratives in the SERS debate
Parliamentarians need to debate responsibly.
MOP rule safeguards HDB flats for those who need it, deters speculative buying: Desmond Lee
HDB flat owners must occupy them physically during the Minimum Occupation Period before they are allowed to sell, said National Development Minister Desmond Lee. “HDB flats are primarily meant for own occupation. Owners are required to physically occ ...
HDB’s pricing of BTO flats, as explained by Sim Ann
In a Dec 11 Facebook post responding to NCMP Mr Leong Mun Wai’s comments about Housing and Development Board’s (HDB) subsidies for build to order (BTO) flats, Senior Minister of State for National Development Sim Ann sought to explain how ...
Nov 2022 BTO exercise is largest single launch ever with almost 10,000 units across 10 projects
Homebuyers can expect 9,655 units across 10 projects in the November 2022 BTO sales launch, making it the single largest launch so far, said National Development Minister Desmond Lee on Nov 23. “Today we launched around 10,000 BTO flats across ...
Shorter BTO waiting time in the offing?
It was reported in The Straits Times on Nov 21 that two upcoming BTO projects (Garden Waterfront I and II) located in Tengah will pilot new construction technologies, namely 3D concrete printing — which will shorten waiting time considerably. Indeed ...
In the name of public home ownership: HDB’s record S$4.37 billion deficit
Yeah, that’s legit a big red ➖. In fact, that S$4.37 billion deficit for FY2021 is HDB’s biggest-ever since the inception of public housing in Singapore. A look at the numbers which were released on Oct 31 in HDB’s Annual Report, in
Increased rental options & cooling measures to help S’poreans: Desmond Lee
The Government continues to watch and monitor the property market closely and takes action for Singaporeans when needed, said Minister for National Development Desmond Lee in Parliament on Thursday (Oct 20). Case in point 1: There’s temporary hous ...
Housing policies to be reviewed to help first-time home buyers secure flat quickly & affordably: DPM Wong
Forward Singapore is well underway. Since Deputy Prime Minister Lawrence Wong announced the exercise in May this year, he has been involved in multiple conversations with Singaporeans on a multitude of topics — ranging from uplifting lower-wage worke ...
HDB incurs deficit yearly from cost of building flats & giving out housing grants: Desmond Lee
Singapore’s Housing and Development Board (HDB) does not price new flats based on cost. It also incurs a significant deficit every year because the amount collected from selling the new flats is far less than the cost of building them and providing