Close mobile menu Close
about us masterhead

Committee of Supply 2016

Committee of Supply 2016

Building a Better Home Together

Minister for National Development Lawrence Wong and Senior Minister of State Desmond Lee made several key announcements at the Committee of Supply debate on 11 April 2016. Read on to find out how these announcements will benefit Singaporeans.


Helping second-timer families own a home again

The Fresh Start Housing Scheme (FSH) provides second-timer families with young children living in public rental housing with an opportunity to own a home again. The Ministry for National Development, Housing & Development Board (HDB), and Ministry for Social and Family Development (MSF) will extend various assistance measures to help them buy a flat.

Assistance Measures
Fresh Start Housing Grant Up to $35,000, depending on the chosen lease
Flat type and lease options 2-room Flexi flat, with a lease of between 45 – 65 years to last all owners and spouse occupiers till at least age 95
Priority allocation Within a quota of up to 10% under the Tenants Priority Scheme
HDB concessionary housing loan Another HDB concessionary loan, regardless of the number of HDB loans taken previously
Resale levy Capped at $30,000 (for a 99-year lease), and adjusted downwards based on the lease chosen

Conditions

Housing history Second-timer families occupying a public rental flat for at least 2 years
Family nucleus
  • Parent(s) are at least 35 years old and below 55 years old. They can be married, divorced, or widowed
  • At least 1 Singapore Citizen parent and at least 1 Singapore Citizen child below 16 years old
Rental arrears Has not accumulated 3 or more months of rental arrears at any point in the past 12 months
Employment At least 1 parent in stable employment in the past 12 months
Minimum Occupation Period 20 years, to ensure a stable home for the children
Assessment of readiness for homeownership by MSF Families will undergo assessment by MSF. Families must be stable, be in stable employment, manage their finances well, and the children must be attending school regularly
Implementation Date Late 2016. Implementation details will be announced nearer the implementation date

 

COS Infographic


Partnering the community to rejuvenate our heartlands

In March 2015, HDB announced 3 towns under the third batch of HDB’s Remaking Our Heartland (ROH) programme – Toa Payoh, Woodlands, and Pasir Ris.

About 400 residents and stakeholders shared their suggestions and feedback for the rejuvenation plans for the 3 towns. The ROH plans will also take into account the local context and specific requirements of each town, to strengthen each town’s identity. Here are some of the preliminary ROH proposals that have been developed.

Public exhibitions on the proposals will be held once the plans have been formulated.

 

Woodlands

Enhancing greenery and community bonding

We will introduce interesting landscaping, pocket greens, and more shaded areas to make Woodlands Waterfront more enjoyable for the public. A new town plaza will be provided right at the heart of the town to hold large-scale community activities, performances, and events.

HDB Image

The existing Woodlands Waterfront will be transformed through interesting landscaping, pocket greens, and more shaded areas (Artist’s impression)

HDB Image

A new town plaza within Woodlands Central will cater for large-scale community activities (Artist’s impression)

Toa Payoh

Celebrating heritage and improving connectivity

We will look into revamping the Pedestrian Mall within the Town Centre, and enhance the landscape and greenery. We also plan to enhance the walkability in the town and create a more comprehensive cycling network within the town.

HDB Image

The pedestrian mall in Toa Payoh Town Centre will be revamped with more greenery, rest areas, and some shelters along selected stretches (Artist’s impression)

HDB Image

New cycling paths, and more greenery in the form of new pocket parks will be introduced where space is available (Artist’s impression)

Pasir Ris

Injecting vibrancy and improving public spaces

Pasir Ris residents can look forward to a new mixed-use development integrated with a new bus interchange, which will inject greater vibrancy to the town.  The existing parks e.g. the Pasir Ris Park and Beach, as well as the neighbourhood centres will also be rejuvenated with more spaces and facilities for recreational and community activities. 

HDB Image

A mixed-use development integrated with a new bus interchange will be built in the Town Centre to add more vibrancy (Artist’s impression)

HDB Image

Existing parks e.g. Pasir Ris Park, will be rejuvenated through more spaces for recreational and community activities (Artist’s impression) (Image courtesy of NParks)

 


Revitalisation of Shops (ROS) Scheme

The ROS Scheme was introduced in 2007 to help enhance the vibrancy and competitiveness of HDB shops. Close to 4,700 shops across 54 sites have benefited from the ROS scheme through co-funding for the upgrading of common areas and promotional events, and rent-free renovation periods.

HDB has reviewed the ROS Scheme in 2015 and set up the ‘Revitalise Heartland Shops Committee’ to take in views and suggestions from local Merchant’s Associations, retailers, and grassroots organisations. The committee plans to improve the existing ROS Scheme by:

  • Adjusting the co-funding ratio between the Government, shopkeepers, and the town councils for upgrading works
  • Providing start-up funding to support the formation of new Merchants' Associations

The details will be announced before the launch of the next batch of ROS.


Visit MND’s Budget Debate 2016 microsite for more details on the announcements.