CHANGE IN AVERAGE RENTS BY TOWN AND FLAT TYPE IN THIRD QUARTER OF 2022

Mr Chua Kheng Wee Louis asked the Minister for National Development based on the latest data from HDB for approved rental flat applications, how have the average rents by (i) town and (ii) flat type changed in the third quarter of 2022 compared to the equivalent period in 2019, 2020 and 2021 respectively. Mr Desmond Lee: HDB publishesContinue reading “CHANGE IN AVERAGE RENTS BY TOWN AND FLAT TYPE IN THIRD QUARTER OF 2022”

NOMINAL WAGE GROWTH FOR FULL-TIME EMPLOYED SINGAPORE CITIZENS BY INDUSTRY

Mr Chua Kheng Wee Louis asked the Minister for Manpower what has been the nominal wage growth for full-time employed Singapore citizens by industry in the year-to-date. Dr Tan See Leng:  As with previous years, the nominal median income growth for full-time employed residents by industry is released annually in January. The latest available data is asContinue reading “NOMINAL WAGE GROWTH FOR FULL-TIME EMPLOYED SINGAPORE CITIZENS BY INDUSTRY”

HDB RESALE TRANSACTIONS WITH CASH-OVER-VALUATION BY TOWN AND FLAT TYPE

Mr Chua Kheng Wee Louis asked the Minister for National Development (a) what is the current proportion of HDB resale transactions with Cash-Over-Valuation (COV); and (b) what is the (i) 25th percentile (ii) average (iii) median and (iv) 75th percentile COV by town and flat type in the year-to-date. Mr Desmond Lee: HDB resale flat transactions are conductedContinue reading “HDB RESALE TRANSACTIONS WITH CASH-OVER-VALUATION BY TOWN AND FLAT TYPE”

COST CHANGES OF MODERNA AND PFIZER BIVALENT VACCINES SINCE LAST SUPPLY CONTRACT

Mr Chua Kheng Wee Louis asked the Minister for Health (a) how have the cost of the Moderna and Pfizer bivalent vaccines changed since the last supply contract with the vaccine manufacturers; and (b) what is the dollar or percentage change in pricing per dose. Mr Ong Ye Kung:  We are unable to disclose information regarding theContinue reading “COST CHANGES OF MODERNA AND PFIZER BIVALENT VACCINES SINCE LAST SUPPLY CONTRACT”

ACCOUNTING FOR USE AND SALE OF STATE LAND

Mr Chua Kheng Wee Louis asked the Deputy Prime Minister and Minister for Finance (a) whether the value of state land which has not been sold is recorded in the Government Financial Statements; (b) if so, whether this is recorded on a historical cost or fair value basis; and (c) whether the total value of Government assetsContinue reading “ACCOUNTING FOR USE AND SALE OF STATE LAND”

REVISION OF ELECTRICITY MARKET STRUCTURE AND ITS IMPACT ON SINGAPORE’S ENERGY SECURITY AND PRICES FOR CONSUMERS

Mr Chua Kheng Wee Louis asked the Minister for Trade and Industry in relation to guardrails to ensure the security and adequacy of gas supply (a) whether this is expected to result in higher input costs and retail electricity prices; (b) what is the impact on the marginal cost of producing electricity in Singapore; and (c)Continue reading “REVISION OF ELECTRICITY MARKET STRUCTURE AND ITS IMPACT ON SINGAPORE’S ENERGY SECURITY AND PRICES FOR CONSUMERS”

PUBLIC TRANSPORT FARE ADJUSTMENT IN FARE REVIEW EXERCISE 2022

19 Mr Gerald Giam Yean Song asked the Minister for Transport (a) for each year between 2018 and 2022, what have been the Excess Wait Time (EWT) scores of (i) all buses operated by each public bus operator and (ii) service number 228; (b) whether the Public Transport Council took into account the EWT and On-Time Adherence scoresContinue reading “PUBLIC TRANSPORT FARE ADJUSTMENT IN FARE REVIEW EXERCISE 2022”

SETTING TOTAL DEBT SERVICING RATIO MEDIUM-TERM INTEREST RATE FLOOR AT 4% PER ANNUM

Mr Chua Kheng Wee Louis asked the Prime Minister (a) what is the basis for setting the new Total Debt Servicing Ratio medium-term interest rate floor at 4% per annum; (b) how does the rate compare to historical mortgage rates in Singapore; and (c) whether MAS expects the “thereafter interest rate” to exceed the 4% per annumContinue reading “SETTING TOTAL DEBT SERVICING RATIO MEDIUM-TERM INTEREST RATE FLOOR AT 4% PER ANNUM”

ADJUSTMENTS TO PLAN TO LAUNCH 100,000 HDB BTO FLATS FROM 2021 TO 2025

 Mr Chua Kheng Wee Louis asked the Minister for National Development (a) whether additional sites can be activated to increase the number of HDB BTO flat launches beyond the current plan to launch up to 100,000 flats in total from 2021 to 2025 should demand exceed current projections; and (b) if not, what are the constraints forContinue reading “ADJUSTMENTS TO PLAN TO LAUNCH 100,000 HDB BTO FLATS FROM 2021 TO 2025”

DATA ON COMPLETED BUT UNOCCUPIED HDB FLATS

Mr Chua Kheng Wee Louis asked the Minister for National Development in each of the past five years to date, what is (i) the average number of HDB units which are unoccupied and (ii) the percentage of completed HDB units which are unoccupied, based on definitions of property vacancies consistent with those of private residential properties asContinue reading “DATA ON COMPLETED BUT UNOCCUPIED HDB FLATS”