Funding Cap under Revitalisation of Shops Scheme

Debated in Parliament on 6 Feb 2013.

Summary written by AI (learn more)

Ang Wei Neng questioned whether the funding cap under the Revitalisation of Shops Scheme should be increased due to rising construction and material costs.
Khaw Boon Wan responded that costs have remained stable since the scheme's launch in 2007, with nine sites completed based on awarded tenders.
He stated the current funding cap remains appropriate and HDB has no plans to revise it.

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Full Transcript

Ang Wei Neng

Mr Ang Wei Neng asked the Minister for National Development whether HDB has plans to increase the funding cap under the Revitalisation of Shops Scheme given that construction and material costs have increased significantly over the last few years.

Khaw Boon Wan

Since the Revitalisation of Shops Scheme was launched in 2007, nine sites have completed the upgrading works. Based on the tenders awarded, the costs have remained stable. The current funding cap for the scheme is, therefore, still appropriate and HDB has no plan to revise it.

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Funding Cap under Revitalisation of Shops Scheme | PAPERCUTS

Funding Cap under Revitalisation of Shops Scheme

Debated in Parliament on 6 Feb 2013.

Summary written by AI (learn more)

Ang Wei Neng questioned whether the funding cap under the Revitalisation of Shops Scheme should be increased due to rising construction and material costs.
Khaw Boon Wan responded that costs have remained stable since the scheme's launch in 2007, with nine sites completed based on awarded tenders.
He stated the current funding cap remains appropriate and HDB has no plans to revise it.

Funding Cap under Revitalisation of Shops Scheme

Summary

Questions Identified

Full Transcript

Ang Wei Neng

Khaw Boon Wan

Summary

Questions Identified

Funding Cap under Revitalisation of Shops Scheme

Summary

Questions Identified

Full Transcript

Ang Wei Neng

Khaw Boon Wan

Summary

Questions Identified