23 Jun '14, 7am

Govt on track with housing promise - Property Auctions News, Property Investment | PropertyGuru

There are 14,000 new HDB flats so far this year, according to National Development Minister Khaw Boon Wan in a blog post today. Another 14,000 new flats are on track to be completed in the next six months, he added, in line with HDB’s target to deliver 28,000 new flats in 2014. Mr Khaw also touched on the policies in place to help couples live near their parents, such as the Married Child Priority Scheme (MCPS), the Studio Apartment Priority Scheme (SAPS), and the Multi-Generation Priority Scheme (MGPS). “Through these priority schemes, as well as the integration of Studio Apartments (SAs) with other flat types, we have been able to facilitate multi-generational living – helping young couples and their parents live together or near each other,” he said. He said from the feedback gathered at the Ministry of National Development (MND)’s dialogue sessions, most of the couples...

Full article: http://www.propertyguru.com.sg/property-management-news/2...

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