AGREEMENT FOR SALE OF HDB BTO FLATS WHERE HDB LOAN REPAYMENTS MADE BY THIRD PARTY

Ms Sylvia Lim asked the Minister for National Development (a) whether HDB has entered into any agreement for the sale of HDB BTO or balance flats where a third party was liable to make the HDB loan repayments; and (b) if so, under what circumstances. Mr Desmond Lee: For mortgage loans taken up with the Housing andContinue reading “AGREEMENT FOR SALE OF HDB BTO FLATS WHERE HDB LOAN REPAYMENTS MADE BY THIRD PARTY”

CONSIDERATIONS IN APPEALS BY CPF MEMBERS ABOVE 55 TO MAKE PARTIAL WITHDRAWALS FROM RETIREMENT ACCOUNT FOR PURCHASE OF 2-ROOM HDB FLEXI FLATS

Ms Sylvia Lim asked the Minister for Manpower what factors are considered by the Central Provident Fund (CPF) Board in deciding whether to permit an appeal by a CPF member above 55 years old to make a partial withdrawal from his or her CPF Retirement Account to purchase a 2-room HDB Flexi flat on short lease.Continue reading “CONSIDERATIONS IN APPEALS BY CPF MEMBERS ABOVE 55 TO MAKE PARTIAL WITHDRAWALS FROM RETIREMENT ACCOUNT FOR PURCHASE OF 2-ROOM HDB FLEXI FLATS”

FINDINGS FROM KEPPEL OFFSHORE & MARINE CORRUPTION PROBE

Mr Pritam Singh asked the Prime Minister what specific difficulties were faced by the Attorney-General’s Chambers and Corrupt Practices Investigation Bureau in considering whether to prefer charges against the officers of Keppel Offshore & Marine Limited (KOM) over corrupt payments from KOM to Petrobas and Sete Brasil in Brazil from 2001 to 2014, despite KOM’s admissionsContinue reading “FINDINGS FROM KEPPEL OFFSHORE & MARINE CORRUPTION PROBE”

GOVERNMENT’S RESPONSE TO SPH MEDIA TRUST’S INFLATED CIRCULATION NUMBERS

Mr Pritam Singh asked the Minister for Communications and Information (a) how does the Government determine the quantum of taxpayer subsidies allocated to SPH Media Trust each fiscal year; and (b) whether these subsidies are contingent on (i) qualitative and (ii) quantitative metrics and outcomes, respectively. Mr Gerald Giam Yean Song asked the Minister for Communications and Information regardingContinue reading “GOVERNMENT’S RESPONSE TO SPH MEDIA TRUST’S INFLATED CIRCULATION NUMBERS”

RESALE LEVY COLLECTED FOR HDB FLATS SOLD ON OR AFTER 3 MARCH 2006

Mr Pritam Singh asked the Minister for National Development (a) from 2010 to 2022, how much has the Ministry collected from the resale levy each year for HDB flats sold from or after 3 March 2006, divided into each subsidised housing type respectively; and (b) what is the forgone resale levy through waivers or reductions forContinue reading “RESALE LEVY COLLECTED FOR HDB FLATS SOLD ON OR AFTER 3 MARCH 2006”

RESALE LEVY COLLECTED FOR HDB FLATS SOLD BEFORE 3 MARCH 2006

Mr Pritam Singh asked the Minister for National Development (a) from 2010 to 2022, how much has the Ministry collected from the resale levy each year for HDB flats sold before 3 March 2006, divided into each subsidised housing type respectively; and (b) what is the forgone resale levy through waivers and reductions for each yearContinue reading “RESALE LEVY COLLECTED FOR HDB FLATS SOLD BEFORE 3 MARCH 2006”

WORK ON SILVER ZONE AT BEDOK RESERVOIR ROAD

 Mr Pritam Singh asked the Minister for Transport (a) when does LTA intend to begin work on the Silver Zone at Bedok Reservoir Road as originally announced on 5 March 2020; and (b) whether these works can be carried out in conjunction with the construction of the cycling path network at the same stretch of roadContinue reading “WORK ON SILVER ZONE AT BEDOK RESERVOIR ROAD”

SUSPICIOUS TRANSACTION REPORTS RECEIVED BY COMMERCIAL AFFAIRS DEPARTMENT

Ms Sylvia Lim asked the Minister for Home Affairs (a) what is the average number of suspicious transaction reports (STRs) received annually by the Commercial Affairs Department for the past three years; and (b) what percentage of these STRs resulted in prosecutions for money-laundering and terrorism-financing offences. Mr K Shanmugam: The Suspicious Transaction Reporting Office (STRO) ofContinue reading “SUSPICIOUS TRANSACTION REPORTS RECEIVED BY COMMERCIAL AFFAIRS DEPARTMENT”

HOUSEHOLDS IN ARREARS OF HDB LOAN REPAYMENTS

Ms Sylvia Lim asked the Minister for National Development (a) for the last two years, how many households are in arrears of HDB loan repayments; and (b) whether there is an over-representation of households in arrears where flat owners are over 55 years of age.    Mr Desmond Lee: As at end 2022, 16,200 households who were servicingContinue reading “HOUSEHOLDS IN ARREARS OF HDB LOAN REPAYMENTS”

FACTORS IN DETERMINATION OF VALUE OF LAND FOR PUBLIC AND PRIVATE HOUSING

Mr Gerald Giam Yean Song asked the Minister for National Development in determining the value of land that will be used to build HDB BTO flats (a) what is the differential that the Chief Valuer applies to land used for public housing compared to that for private housing; and (b) whether the private housing land use comparablesContinue reading “FACTORS IN DETERMINATION OF VALUE OF LAND FOR PUBLIC AND PRIVATE HOUSING”