HDB may acquire private shops, expand direct rentals to keep costs affordable, says Sun Xueling
Senior Minister of State for National Development Sun Xueling said in parliament on 24 September 2025 that HDB may selectively acquire privately owned shops and expand its direct rental supply to stabilise rents. MPs voiced concern over affordability, especially for food and medical services.
https://www.theonlinecitizen.com/2025/09...n-xueling/
Ho say liao... gifted more lordships ...
HDB may acquire Private shops at HDB ownself own price?
Wah, like that HDB huat ah
(25-09-2025, 10:09 AM)Gstalk Wrote: [ -> ]HDB may acquire Private shops at HDB ownself own price?
Wah, like that HDB huat ah
Key words 'may'
If ask further is How and what are the bench mark for acquired it under what conditions?
BigironHDB may acquire private shops, expand direct rentals to keep costs affordable, says Sun Xueling
Senior Minister of State for National Development Sun Xueling said in parliament on 24 September 2025 that HDB may selectively acquire privately owned shops and expand its direct rental supply to stabilise rents. MPs voiced concern over affordability, especially for food and medical services.
https://www.theonlinecitizen.com/2025/09...n-xueling/
For that Matter, HDB properties SHOULD NOT be used for speculations. It has to be FULLY controlled by HBD whether rent or property prices going forward.
(25-09-2025, 12:54 PM)Nico Wrote: [ -> ]BigironHDB may acquire private shops, expand direct rentals to keep costs affordable, says Sun Xueling
Senior Minister of State for National Development Sun Xueling said in parliament on 24 September 2025 that HDB may selectively acquire privately owned shops and expand its direct rental supply to stabilise rents. MPs voiced concern over affordability, especially for food and medical services.
https://www.theonlinecitizen.com/2025/09...n-xueling/
For that Matter, HDB properties SHOULD NOT be used for speculations. It has to be FULLY controlled by HBD whether rent or property prices going forward.
As mentioned before the key words is ' may' but under what conditions?
Windfall for specific owners...
Reutershttps://www.reuters.com › world › middle-east › saudi-arabia-freezes-rent-hikes-riyadh-five-years-amid-price-surge-2025-09-25
Saudi Arabia freezes rent hikes in Riyadh for five years amid price ...