Wednesday, December 22, 2010

HDB:Housing And Development Board

Social Housing and Development Board (HDB) has reached a milestone in its 50-year history, with the completion of its millionth home.
With the completion of 709 units Treelodgers @ Punggol HDB has first exceeded the million mark in its program of housing construction.
On Sunday, the key to the apartment of one million were given to the couple - weiji Wang and his wife Christina Ng. The couple married in 2008 and lived with her parents in Hougang Wang.
Ms Ng said he was the ground he wanted in his first try. They paid $ 245,000 for a unit with 4 bedrooms, an award, the woman known as Ng appropriate.
The couple had for the apartment in 2007, signed at a time when HDB resale prices were high and the supply of new housing was tight.
HDB resale price index shows that in the third quarter of 2007 increased the prices by 16 percent between the first and fourth quarters. And in November 2007 the government announced that the construction of 7,000 new flats HDB more than seven months after the first buyers of homes to help.
Three years later, the supply crisis can be reduced, but there is some uncertainty on accessibility. Treelodgers @ Punggol occasion, Deputy Minister Teo Chee Hean said this "has always been a problem."
"We have moved to new residents, Pasir Ris, we must move in new residents in Sengkang had, and now we have new residents catchment Punggol. And every time there were concerns about affordability.
"But as you can see, the residents have moved, could afford their homes, and we hope that you do in the future," said Mr Teo, who is also MP Pasir Ris-Punggol RCMP.
He pointed out that measures to help Singaporeans, regardless of income. These include additional housing subsidy of up to S $ 40,000 to help low-income families to buy on the open market and open more options for the middle class Singaporeans to buy new HDB flat.
"Singapore know if they work hard and smart, the budget can hope to move to an apartment and a better life. Is the commitment of the government remains the quality and provide affordable housing for the masses," said Mr Teo.
HDB has been added to the affordable housing property for rent on the street has also taken several international awards.
Punggol This year 3,300 new HDB flats launched as part of its program of Build-to-order and start another project with 1,000 new homes in the coming days.
HDB said that demand remains strong. It is on track to complete 35 000 flats in Punggol end of 2015.
Treelodgers @ Punggol Singapore is the first eco-resort, where he joined the green technology in the design planning.
Features include maximizing the amount of natural light and ventilation, while the use of solar energy as well as some of the electricity needs of the residents.
Outside the HDB, other organizations such as the National Environment Agency, a pub and even requires the Economic Development Council and to develop the project.
Mr Teo and used to illustrate the entire government in the recently published approach of the performance of the audit of public sector described.
The approach is not new, sir, "said Matt, but the report says more efforts in this direction.
And the report is published once every two years, said he would give the public an idea of how the government and that the motivation of the ministries and authorities to improve.

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