Upgrading &
Renewal
1.
Besides CPF savings,
housing is another major policy
a.
Both to narrow income
gap
b.
And to build a nest-egg for
old age
c.
When economy grows, values
of flats go up
d.
When Government has
surpluses, we can upgrade your flats, neighbourhoods and new towns
2.
Three aspects to
consider
a.
Front-end – buy the
flat
b.
In the middle – enhance the
value of the flat
c.
Tail-end – monetise the
flat for old age
d.
We have policies for each
part
3.
At the front-end
a.
Give more help to
lower-income to buy HDB flats
b.
Introduced Additional CPF
Housing Grant last year
c.
Will enhance it
further
i.
Grant
is now up to $20,000
(1)
Increase
to $30,000
(2)
A lot,
compared to 3-room flat posted price
of $120,000
ii.
Also
raise household income
ceiling
(1)
Now limit is
$3,000
(2)
Raise to $4,000
(3)
Cover
about half of all households in Singapore
4.
At the
tail-end
a.
Make it easier to monetise
the flats
b.
Especially for those in 2R
or 3R flats who have only had one bite of the cherry
c.
For this group, the
Government will help them to unlock the value of their
flats
i.
Right now, can sell the
flat and move to a studio apartment with 30-year lease
ii.
Introduce new scheme – HDB
will buy back the tail end of the lease on your flat, and leave you with a
shorter lease of 30 years on the same flat
iii.
Payout in two parts
(1)
Lump sum
upfront
(2)
Monthly payments for the
rest of your life (i.e. a form of annuity)
iv.
Scheme is for those aged 62
and above
v.
30-year lease should be
sufficient, but working out some arrangement if you live longer
vi.
MND is studying this
5.
Today, focus on the middle
part – enhancing the value of your home through upgrading and estate renewal
a.
We have many upgrading
programmes
i.
Most popular – Lift
Upgrading Programme (LUP)
ii.
Made this a priority,
especially with our ageing population
iii.
Will complete LUP by 2014
b.
Also have schemes for
private estates
i.
e.g. Estate Upgrading
Programme (EUP) for major upgrading works
ii.
But private estates
sometimes still feel neglected
iii.
Lim Hwee Hua chaired a
committee to see what we can do
(1)
Revamp the EUP to bring
together and coordinate all the works we are doing
(2)
Give private estates
Community Improvement Project Committee (CIPC) funds like HDB estates, to carry
out smaller scale but more timely enhancements
(3)
Hwee Hua will provide
further details
c.
But most Singaporeans live
in public housing, and this is HDB’s mission
i.
Continually finding ways to
improve and meet new needs and expectations
ii.
From Toa Payoh to
Ang
Mo Kio, Bishan,
Pasir Ris and Sengkang
iii.
Each new estate an
improvement over the previous one
New
Estates
6.
Next new housing
development – Punggol
a.
Started Punggol 21 in
1998
i.
Slowed down due to the
financial crisis
ii.
But now demand is picking
up again
iii.
Time to get things back on
track
iv.
Used the time to upgrade
the plan – Punggol 21+
7.
Show satellite image of
Singapore
a.
Zoom into Punggol
b.
Dam up the river mouths of
Sungei Punggol and Sungei Serangoon to create two reservoirs
c.
Create a waterway to link
the two reservoirs
d.
Build the town starting
from the Town Centre, and then extending along both sides of the
waterway
e.
Fly in for a closer look
f.
Best flats are those with a
river view
i.
View from inside a flat
ii.
View from outside – gardens
everywhere including on rooftops
g.
Town centre by the
waterfront
i.
Malls, retail outlets,
F&B, even al-fresco dinning by the water
8.
Punggol 21+ will take some
years to build
a.
But can already see
something coming up upstream along Sungei Punggol
i.
New Anchorvale Community
Club in Sengkang
ii.
Co-located with a sports
and recreation centre – 4 swimming pools, indoors sports hall, and football
field
iii.
Will be built by the end of
the year
iv.
Also a floating island
nearby, part of MEWR/PUB’s ABC Waters programme
9.
This is how Punggol 21+
will look like
a.
Many things to do all
around the coastline
b.
Water activities, e.g.
canoeing and kayaking
c.
Cycle or jog all along the
coastal promenade
d.
Chilli crabs at the old
Punggol Point
10.
Punggol 21+ is the face of
the new Singapore
a.
City with fun and buzz (in
Punggol, and downtown with the IRs)
b.
Retaining our present image
of a clean, green and safe island
c.
Important that we do not
lose our present brand recognition as we acquire new
attributes
Old
Estates
11.
Old estates also have great
potential
a.
We are already redeveloping
selected sites within these estates
b.
But where we can clear a
large piece of land, we can do more to transform the whole
area
c.
e.g. Dawson Estate in
Queenstown
i.
Show you where it is on the
satellite picture
(1)
Queenstown
MRT
(2)
Completed SERS project –
Forfar
Heights
(Strathmore
Ave)
(3)
New flats – Clarence Ville
(Tanglin
Road)
ii.
A lot of open space to
develop 10,000 HDB and private flats
(1)
Start with three HDB
precincts
(2)
Alexandra
Canal
(a)
Decked over
it
(b)
Building a new linear park
on top
iii.
Show you some pictures
(1)
Linear park
(2)
Invited award-winning local
architectural firms to design the flats
(a)
Flats integrated with one
end of the park
(b)
Precinct at the other end
iv.
Quite a contrast to the old
SIT flats
v.
But will preserve some old
landmarks in the area
(1)
Old wet market along
Commonwealth
Avenue
(2)
Old town centre square
nearby
vi.
Merge them into the new
development
(1)
Retain the memories and
character
(2)
There will be something
extra about the place
Middle-aged
Estates
12.
Neither new nor old, but
middle-aged estates
a.
Two key programmes to
upgrade these estates – MUP and IUP
i.
We have been doing since
1990 – going on for 17 years
ii.
Many residents have
benefited
iii.
Time to upgrade the
upgrading programme!
b.
Grace Fu has been chairing
the Forum on HDB Heartware
i.
Received many ideas and
requests
ii.
We now have improved
versions of our upgrading programmes
c.
Replace IUP with the
Neighbourhood Renewal Programme (NRP)
i.
IUP was for individual
precincts
ii.
NRP will combine two or
more precincts
iii.
Bigger area and larger
scale – can plan more and better facilities
iv.
Will still have standard
items, e.g. BBQ pits, community gardens, covered walkways, reflexology footpaths
etc
v.
But now can also consider
non-standard items
(1)
e.g. street soccer
court
(2)
e.g. skating park
(a)
Already have them in Bedok
and Orchard – very popular
(b)
Will be quite a thrill for
the young people
vi.
But up to residents to
decide what items you want
(1)
We will call a Town Hall
meeting, and get the residents involved
(2) You decide what you want
for your own communities
d.
For individual flats, will
replace the MUP with a new Home Improvement Programme (HIP)
i.
Feedback from focus
groups
(1)
Most popular requests are
for practical improvements within the flat
(2)
Fix spalling concrete on
ceilings
(3)
Upgrade toilets and
bathrooms
(4)
Replace entrance doors and
grille gates
ii.
With the HIP, you will get
all of these improvements
e.
All of these upgrading
programmes cover many flats
i.
They will be in housing
estates all over Singapore
ii.
Show you how they all fit
together
iii.
These are the HDB townships
all over Singapore
(1)
For flats built up to 1980,
100,000 have already benefited from MUP – blue dots (one dot per
precinct)
(2)
Another 100,000 have not
yet benefited, and will now enjoy the HIP – light blue
dots
(3)
Extend the HIP to slightly
younger flats
(a)
Many flats built between
1981 and 1986
(i)
Peak period – HDB
built 50,000 flats in some years
(ii)
QC was not so
good
(iii)
It has been 25
years
(iv)
Some are starting
to show signs of wear and
tear
(b)
We will extend the HIP to
these flats
(c)
They will also enjoy the
NRP
(d)
Another 200,000 flats
eligible, or one-quarter of the total flats in
Singapore – red
dots
(e)
Five main clusters – Jurong
East, Bukit Batok, Yishun, Hougang, Tampines
(f)
Choose two towns to pilot
the HIP – Yishun and Tampines
(4)
Extend the NRP to even
younger flats
(a)
Those built between 1987
and 1989
(b)
Another 60,000 flats
eligible – green dots
iv.
Effect of all this
(1)
Nearly all estates in
Singapore will be
covered
(2)
There will be something for
everyone
v.
Some areas have no
dots
(1)
These are new flats built
since the 1990s, e.g. Northern part of Chua Chu Kang, Sembawang, Punggol,
Sengkang and Pasir Ris
(2)
No need for upgrading
yet
(3)
But your turn will come
(4)
Provided
Singapore continues to
grow and we have the resources to continue these programmes
13.
How will our estates look
like after all the upgrading?
a.
HDB made a video clip
b.
New look of public
housing
i.
First-class living
environment
ii.
Homes set with greenery and
water
iii.
Draw our communities closer
together
iv.
Foster a sense of
belonging
c.
No other city in the world
has this
i.
Public housing that is
attractive, affordable and appealing
ii.
A quality home for every
citizen
iii.
Assets that appreciate in
value, and help provide for old age
d.
We can do it in
Singapore
i.
Provided we make the effort
and work hard together
ii.
Systematically upgrade and
renew our homes
iii.
Remake our entire
city
iv.
Will take us 20 or 30
years
v.
Eventually, the whole
country will be transformed
14.
Acknowledge:
a.
HDB
b.
Animation by Nanyang
Polytechnic, School of Interactive and Digital Media