Monthly Archives: June 2011

Not possible for all mature estates to have BTO projects

National Development Minister Khaw Boon Wan on Wednesday said while he has asked HDB to put up more Build to Order (BTO) projects in mature estates, it will not be possible for many of them to benefit from this development, certainly not in the short term.

Writing in his blog, Mr Khaw said this is because most of the mature estates are substantially built up, and there is limited land for public housing.

He was commenting on a media report of a young couple looking forward to a BTO project in Tanjong Pagar.

The Minister said Tanjong Pagar is fully built up and a BTO there is unlikely.

While HDB is still studying the details, Mr Khaw said mature estates such as Kallang/Whampoa and Tampines could benefit from BTO launches next year.

Mr Khaw said his ministry will do its best to meet young couples’ aspiration to be able to continue to live near their parents.

But it will not be able to do so in every mature estate.

National Development Minister Khaw Boon Wan on Wednesday said while he has asked HDB to put up more Build to Order (BTO) projects in mature estates, it will not be possible for many of them to benefit from this development, certainly not in the short term.

Writing in his blog, Mr Khaw said this is because most of the mature estates are substantially built up, and there is limited land for public housing.

He was commenting on a media report of a young couple looking forward to a BTO project in Tanjong Pagar.

The Minister said Tanjong Pagar is fully built up and a BTO there is unlikely.

While HDB is still studying the details, Mr Khaw said mature estates such as Kallang/Whampoa and Tampines could benefit from BTO launches next year.

Mr Khaw said his ministry will do its best to meet young couples’ aspiration to be able to continue to live near their parents.

But it will not be able to do so in every mature estate.

Source : CNA – 1 Jun 2011

Privatisation of Eunosville HUDC Estate

The Eunosville HUDC Estate was privatised on Wednesday.

With the privatisation, the individual owners of the 330-unit estate now own their respective units, as well as the common property such as the car parks and open landscaped areas.

HDB said the Marine Parade Town Council will therefore cease its responsibility in the management and maintenance of the common properties of the estate with effect from Wednesday.

It will be done by a management corporation which was formed on Wednesday.

Privatisation of HUDC estates was announced in 1995 as part of the Government’s effort to meet the rising aspirations of Singaporeans to own private housing.

It also enables the lessees to have better control over the management of their estate.

Privatisation will proceed if lessees of at least 75 per cent of the flats support it.

Source : CNA – 1 Jun 2011