HDB to convert 3- , 4-room blocks in Boon Lay, Woodlands into rental flats
By May Wong, Channel NewsAsia
15 February 2007
SINGAPORE: The Housing Board will convert 3 and 4-room blocks in Boon Lay and Woodlands into 1 and 2-room rental flats to help meet the demand for such flats.
It will also build about one thousand units of 1 and 2-room rental flats in the next few years.
The Minister of State for National Development Ms Grace Fu gave this update during question time in Parliament on Thursday.
Responding to questions from MP for Tanjong Pagar GRC Baey Yam Keng, Ms Fu said that every month, there are about 370 eligible applications for rental flats.
This means the HDB's stock of about 1,200 flats available for rent is being used up quickly.
Singapore currently has about 42,000 rental flats.
These make up about five percent of the total stock of flats. - CNA /dt
15 February 2007
SINGAPORE: The Housing Board will convert 3 and 4-room blocks in Boon Lay and Woodlands into 1 and 2-room rental flats to help meet the demand for such flats.
It will also build about one thousand units of 1 and 2-room rental flats in the next few years.
The Minister of State for National Development Ms Grace Fu gave this update during question time in Parliament on Thursday.
Responding to questions from MP for Tanjong Pagar GRC Baey Yam Keng, Ms Fu said that every month, there are about 370 eligible applications for rental flats.
This means the HDB's stock of about 1,200 flats available for rent is being used up quickly.
Singapore currently has about 42,000 rental flats.
These make up about five percent of the total stock of flats. - CNA /dt
Labels: housing
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