Tag: Ministry of National Development
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First EC tender under new rules draws record-high bid from developers
The Housing and Development Board (HDB) had changed the rules for ECs in hopes that it would drive down developers’ bids.
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CNA Explains: How Singapore could reclaim more land in the future
With major reclamation works on the horizon, CNA looks at how reclamation methods have evolved.
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Higher BTO demand expected after income ceiling raised, but supply can keep pace: Chee Hong Tat
Minister for National Development Chee Hong Tat says Singapore will keep “building more, building faster” to meet higher BTO demand, while more resale supply could help stabilise prices.
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Higher income ceilings ensure 8 in 10 households continue to qualify for subsidised public housing: Chee Hong Tat
For Build-to-Order (BTO) flats, the monthly household income ceiling now stands at S$16,000 (US$12,500).
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More greenery retained, fewer homes planned for Maju Forest, Gillman Barracks sites after public feedback
The proposed development at both sites has drawn public outcry, with residents and nature groups calling for stronger environmental safeguards.
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Gillman Barracks, Sunset Way plans not fixed as government weighs competing needs: Alvin Tan
While the formal consultation period for environmental and heritage impact assessments ends on Aug 6, engagement with stakeholders will continue, says the minister of state for national development.
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National Environment Agency to get new CEO
Ms Geraldine Low, who is currently Deputy Secretary (Development) at the Ministry of National Development, will be appointed CEO of NEA on Sep 1.
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15-month wait-out period for private property owners to buy HDB resale flats removed: Chee Hong Tat
HDB resale prices have fallen for two consecutive quarters since the start of the year.
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Housing developers of large en bloc projects to get more time to sell units under revised ABSD rules
The extension to the ABSD remission timeline for housing developers of large-scale en bloc projects will help contribute to additional housing supply, says the Ministry of Finance and Ministry of National Development.
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Age eligibility for Community Care Apartments to be lowered from 65 to 55, fees to be reduced
Monthly service fees for Community Care Apartments will be cut by between 18 per cent and 75 per cent.
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