SALE OF HDB SHOPHOUSES TO TENANTS

Parliament of Singapore · 20 March 1987 · 6th Parliament

Official Report, 20 March 1987, Vol 49, Issue 7 · Open in the reader (summaries, search, filters)

Lee Boon YangS. Vasoo
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Dr S. Vasoo asked the Minister for National Development whether, in the longer term, the Housing and Development Board plans to sell shophouses to sitting tenants; if so, when this is expected; and, if not, why.

Dr Lee Boon Yang (for the Minister for National Development): Mr Speaker, Sir, the HDB is currently looking into the feasibility of selling its shops, including new, vacant and tenanted premises. Such a scheme will affect a large number of HDB shop tenants. HDB is therefore considering selling new shops and vacant shops first before considering sale to sitting tenants. A policy decision will be announced as soon as the present study is completed.

Source: Singapore Parliament Official Report (Hansard) for 20 March 1987. Republished on SGParliament.