RENTALS OF PAP EDUCATION CENTRES IN HOUGANG AVENUE 3 AND HOUGANG AVENUE 5

Parliament of Singapore · 31 July 1992 · 8th Parliament

Official Report, 31 July 1992, Vol 60, Issue 2 · Open in the reader (summaries, search, filters)

Low Thia KhiangS. Dhanabalan
1

Mr Low Thia Khiang asked the Minister for National Development (a) what are the areas and monthly rentals of the PAP education centres at the void decks of Block 328 Hougang Avenue 5 and Block 1 Hougang Ave 3 and (b) whether the rentals are at commercial rates and, if not, what will be the commercial rates.

Mr S. Dhanabalan: (a) The floor areas and rentals of the Education Centres at Block 328, Hougang Avenue 5 and Block 1, Hougang Avenue 3 are as follows:- Rental Education Centres Floor Area Per Month i) Block 328 577.1 sq m $717.25 Hougang Ave 5 ii) Block 1 246.0 sq m $304.00 Hougang Ave 3

The Education Centres are run by an approved non-profit Foundation, and thus are charged rent at a concessionary rate .

(b) The estimated market rents are as follows:- Rental Education Centres Per Month Block 328 $7,416 Hougang Ave 5 Block 1 $2,681 Hougang Ave 3

Source: Singapore Parliament Official Report (Hansard) for 31 July 1992. Republished on SGParliament.