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WP's alternatives to GST hike do not add up: DPM Wong , Latest Singapore News

Singapore News - The suggestion that the goods and services tax (GST) increase should be postponed due to current inflationary pressures does not hold water, Deputy Prime Minister Lawrence Wong told Parliament on Monday.

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Almost half of those who own both HDB flats and private homes are renting out their flats: Desmond Lee

SINGAPORE – About 45 per cent of Housing Board flat owners who own private property do not live in their flats as they have rented out their entire unit, said National Development Minister Desmond Lee. As at October 2022, about three per cent of HDB flat owners own at least one private residential property, he told Parliament on Monday (Nov.

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Airlines' flight plans show Singapore's Changi Airport volume should reach 80% of 2019 levels by year end

The number of flights that airlines have filed to operate in Changi Airport by the year end has already exceeded more than 80 per cent of pre-Covid-19 levels - with China's opening strategy presenting a "major uncertainty" for Singapore's planners.

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HDB will review policies on cost of coffee shop food if needed: Desmond Lee

Singapore News - The Housing Board regularly monitors the resale market for HDB coffee shop transactions, as well as the prices of food, and "will not hesitate to review its policies to address affordability concerns", said National Development Minister Desmond Lee. Mr Lee was replying via. Read more at www.tnp.sg

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Too high rents could result in vacant stalls for owners: Desmond Lee on multimillion-dollar coffee shop resale prices

SINGAPORE - The Housing Board regularly monitors the resale market for HDB coffee shop transactions, as well as the prices of food, and "will not hesitate to review its policies to address affordability concerns", said National Development Minister Desmond Lee. Mr Lee was replying via written response on Tuesday (July 5) to parliamentary questions on efforts to keep food prices.

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