Land Cost in FY2019/2020 and Breakdown of Payment to SLA, Government Organisations and Private Entities.

Debated in Parliament on 2 Feb 2021.

Summary written by AI (learn more)

Hazel Poa asked the Minister for National Development for the amount HDB paid for land cost in FY2019/2020 and a breakdown of payments to SLA, other government organisations, and private entities.
Desmond Lee stated that HDB only purchases land from the Singapore Land Authority (SLA) for public housing developments.
In FY2019/2020, HDB paid SLA approximately $3.2 billion for State Land, as detailed in HDB’s annual financial statements available on its website.
No payments were made to other government organisations or private entities for land in that fiscal year.
The response clarifies that all land costs for HDB public housing are directed solely to SLA.

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Hazel Poa

Ms Hazel Poa asked the Minister for National Development (a) how much did HDB pay for land cost in FY2019/2020; and (b) what is the breakdown of that payment amount to (i) SLA (ii) other Government organisations and (iii) private entities.

Desmond Lee

Currently, HDB only buys Land from the Singapore Land Authority (SLA), the custodian of State Land in Singapore, for HDB’s public housing developments.

In FY 2019/2020, HDB paid SLA about $3.2 billion for the purchase of State Land. This information can be found in HDB’s annual financial statements report, which is published on HDB’s website.

Summary written by AI (learn more)

Hazel Poa asked the Minister for National Development for the amount HDB paid for land cost in FY2019/2020 and a breakdown of payments to SLA, other government organisations, and private entities.
Desmond Lee stated that HDB only purchases land from the Singapore Land Authority (SLA) for public housing developments.
In FY2019/2020, HDB paid SLA approximately $3.2 billion for State Land, as detailed in HDB’s annual financial statements available on its website.
No payments were made to other government organisations or private entities for land in that fiscal year.
The response clarifies that all land costs for HDB public housing are directed solely to SLA.

Questions identified by AI (learn more)

Land Cost in FY2019/2020 and Breakdown of Payment to SLA, Government Organisations and Private Entities. | PAPERCUTS

Land Cost in FY2019/2020 and Breakdown of Payment to SLA, Government Organisations and Private Entities.

Debated in Parliament on 2 Feb 2021.

Summary written by AI (learn more)

Hazel Poa asked the Minister for National Development for the amount HDB paid for land cost in FY2019/2020 and a breakdown of payments to SLA, other government organisations, and private entities.
Desmond Lee stated that HDB only purchases land from the Singapore Land Authority (SLA) for public housing developments.
In FY2019/2020, HDB paid SLA approximately $3.2 billion for State Land, as detailed in HDB’s annual financial statements available on its website.
No payments were made to other government organisations or private entities for land in that fiscal year.
The response clarifies that all land costs for HDB public housing are directed solely to SLA.

Questions identified by AI (learn more)

Full Transcript

Hazel Poa

Desmond Lee

Currently, HDB only buys Land from the Singapore Land Authority (SLA), the custodian of State Land in Singapore, for HDB’s public housing developments.

In FY 2019/2020, HDB paid SLA about $3.2 billion for the purchase of State Land. This information can be found in HDB’s annual financial statements report, which is published on HDB’s website.

Summary written by AI (learn more)

Hazel Poa asked the Minister for National Development for the amount HDB paid for land cost in FY2019/2020 and a breakdown of payments to SLA, other government organisations, and private entities.
Desmond Lee stated that HDB only purchases land from the Singapore Land Authority (SLA) for public housing developments.
In FY2019/2020, HDB paid SLA approximately $3.2 billion for State Land, as detailed in HDB’s annual financial statements available on its website.
No payments were made to other government organisations or private entities for land in that fiscal year.
The response clarifies that all land costs for HDB public housing are directed solely to SLA.

Questions identified by AI (learn more)

Land Cost in FY2019/2020 and Breakdown of Payment to SLA, Government Organisations and Private Entities.

Summary

Questions Identified

Full Transcript

Hazel Poa

Desmond Lee

Summary

Questions Identified

Land Cost in FY2019/2020 and Breakdown of Payment to SLA, Government Organisations and Private Entities.

Summary

Questions Identified

Full Transcript

Hazel Poa

Desmond Lee

Summary

Questions Identified