NUMBER OF APPLICANTS PER HDB BTO BLOCK FOR FIRST-TIMER FAMILIES AND SINGLES

87 Mr Chua Kheng Wee Louis asked the Minister for National Development from 2018 to 2022, what is the annual number of applicants per HDB BTO flat for first-timer (i) family and (ii) single applicants. Mr Desmond Lee: From 2018 to 3Q2022, the annual number of unique first-timer (FT) family applicants per 3-room and larger BTO flat allocated toContinue reading “NUMBER OF APPLICANTS PER HDB BTO BLOCK FOR FIRST-TIMER FAMILIES AND SINGLES”

DATA ON FIRST-TIME BUYERS OF RESALE HDB FLATS

47 Mr Chua Kheng Wee Louis asked the Minister for National Development in each year from 2018 to 2022 (a) what is the number of first-time buyers of a resale HDB flat; and (b) what are the 25th percentile, median, average and 75th percentile (i) household incomes and (ii) purchase price to income ratios for such buyers. MrContinue reading “DATA ON FIRST-TIME BUYERS OF RESALE HDB FLATS”

EXPIRY OF SINGAPORE’S REMAINING GAS SUPPLY CONTRACTS WITH MALAYSIA AND INDONESIA AND FUTURE OF PIPED NATURAL GAS

Mr Chua Kheng Wee Louis asked the Minister for Trade and Industry following the recent renewal of a five-year gas supply contract with Indonesia (a) when are Singapore’s remaining gas supply contracts with Malaysia and Indonesia expected to expire; and (b) whether piped natural gas is still expected to feature in Singapore’s energy mix by 2030. MrContinue reading “EXPIRY OF SINGAPORE’S REMAINING GAS SUPPLY CONTRACTS WITH MALAYSIA AND INDONESIA AND FUTURE OF PIPED NATURAL GAS”

TARGET TIMELINE FOR IMPORT, SALE AND FARMING OF INSECTS FOR HUMAN CONSUMPTION

Mr Chua Kheng Wee Louis asked the Minister for Sustainability and the Environment what is the target timeline for (i) allowing the import and sale of insects as food for human consumption and (ii) issuing licences for domestic insect farming for human consumption. Ms Grace Fu Hai Yien: The Singapore Food Agency (SFA) is conducting a public consultationContinue reading “TARGET TIMELINE FOR IMPORT, SALE AND FARMING OF INSECTS FOR HUMAN CONSUMPTION”

OPENING RAIL LINES TO NEW OPERATORS

Mr Chua Kheng Wee Louis asked the Minister for Transport for upcoming rail lines, whether there are any plans to open the rail market to new operators beyond the two existing operators. The Minister for Transport (Mr S Iswaran): Mr Speaker, ensuring contestability in our rail system is an important consideration for us. Contestability will help spurContinue reading “OPENING RAIL LINES TO NEW OPERATORS”

BREAKDOWN OF AVERAGE DISCOUNT APPLIED TO NEW HDB BTO FLATS IN MATURE AND NON-MATURE ESTATES IN LAST FIVE YEARS

Mr Chua Kheng Wee Louis asked the Minister for National Development in each year over the last five years, what is the average discount applied to the market value of comparable resale HDB flats in pricing new HDB BTO flats in (i) mature estates and (ii) non-mature estates, with the respective breakdown in flat types. Mr DesmondContinue reading “BREAKDOWN OF AVERAGE DISCOUNT APPLIED TO NEW HDB BTO FLATS IN MATURE AND NON-MATURE ESTATES IN LAST FIVE YEARS”

OUTCOME OF REVIEW OF MASTER DEVELOPER FOR KAMPONG BUGIS WHITE SITE AND EXPECTED LAUNCH DATES OF SITES AT KAMPONG BUGIS, HOLLAND PLAIN AND BAYSHORE

Mr Chua Kheng Wee Louis asked the Minister for National Development (a) what is the status of the Government’s review of the development staging plans for the Kampong Bugis white site; (b) whether the Government is still intending to introduce the Master Developer approach to land development; and (c) what is the expected launch dates of theContinue reading “OUTCOME OF REVIEW OF MASTER DEVELOPER FOR KAMPONG BUGIS WHITE SITE AND EXPECTED LAUNCH DATES OF SITES AT KAMPONG BUGIS, HOLLAND PLAIN AND BAYSHORE”

CHANGE IN SHARE OF PRIVATE RESIDENTIAL PROPERTIES AND HDB FLATS WITH OUTSTANDING MORTGAGE LOANS SINCE 2008 GLOBAL FINANCIAL CRISIS

Mr Chua Kheng Wee Louis asked the Prime Minister how has the share of private residential properties and HDB flats with outstanding mortgage loans changed since the 2008 Global Financial Crisis. Mr Tharman Shanmugaratnam (for the Prime Minister): The share of private residential property owners with outstanding mortgage loans increased from 54% to 62% between 2011 and 2013,Continue reading “CHANGE IN SHARE OF PRIVATE RESIDENTIAL PROPERTIES AND HDB FLATS WITH OUTSTANDING MORTGAGE LOANS SINCE 2008 GLOBAL FINANCIAL CRISIS”

FACTORS DRIVING DEMAND AND COE PRICES FOR CATEGORIES B, D AND E VEHICLES

Mr Chua Kheng Wee Louis asked the Minister for Transport what are the key reasons for and the demand drivers behind, the record high Certificate of Entitlement (COE) prices for Categories B, D and E that were set in the latest COE bidding round. Mr S Iswaran: I thank the Member for his question. I have addressed itContinue reading “FACTORS DRIVING DEMAND AND COE PRICES FOR CATEGORIES B, D AND E VEHICLES”

WINDFALL TAXES ON ENERGY COMPANIES IN LIGHT OF THEIR RECORD PROFITS

The following question stood in the name of Mr Chua Kheng Wee Louis – To ask the Deputy Prime Minister and Minister for Finance (a) whether the Government has considered implementing windfall taxes on energy companies in light of record profits by oil majors; and (b) what are the considerations behind implementing or not implementing such aContinue reading “WINDFALL TAXES ON ENERGY COMPANIES IN LIGHT OF THEIR RECORD PROFITS”