| |
| |
![]() |
| |
|
| |
|
| |
|
SINGAPORE: All 14 town councils run by the People's Action Party (PAP) will not be increasing their Service and Conservancy (S&C) charges this year.
The freeze applies to both residential and commercial properties, and is aimed at lessening the financial burden of the residents due to inflation.
The town councils announced their decision on Thursday in response to the government's call for town councils to hold their S&C charges for the year.
Finance Minister Tharman Shanmugaratnam made the call in Parliament on Wednesday when he announced the extension of a one-year freeze on fee increases for government-provided services till the end of 2008.
The last revision of S&C charges was in September 2004.
To mitigate the rise in their operating expenditures, the PAP Town Councils say they have been capitalising on new technologies and innovations to reduce energy consumption and maintenance costs.
This is without compromising the quality of estate management services. - CNA/ir
Get the Finance Minister's speech here
|
