{"id":33615,"date":"2016-11-09T09:57:34","date_gmt":"2016-11-09T02:57:34","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/expansion-of-upgrading-scheme-depends-on-budget\/"},"modified":"2016-11-09T10:00:41","modified_gmt":"2016-11-09T03:00:41","slug":"expansion-of-upgrading-scheme-depends-on-budget","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/expansion-of-upgrading-scheme-depends-on-budget\/","title":{"rendered":"Expansion of upgrading scheme depends on budget"},"content":{"rendered":"


\nThe Home Improvement Programme currently applies to flats built up to 1986 that have not undergone the Main Upgrading Programme.
\nThe government\u2019s fiscal position and budget availability will have to be taken into consideration in deciding whether to expand the Home Improvement Programme (HIP), National Development Minister Lawrence Wong said in Parliament on Tuesday, 8 November.
\nHis statement was made in response to a question from MP Lee Bee Wah on whether the HIP could be extended to flats built after 1986 when they reach 30 years.
\nIntroduced in 2007, the scheme applies to flats built up to 1986 that have not undergone the Main Upgrading Programme.
\nTo date, more than 200,000 of the 300,000 eligible flats have been identified to undergo this programme, said Wong.
\n\u201cHDB is working to first complete the selection of the remaining flats eligible for HIP by FY2018 before assessing whether to extend HIP beyond the current cohort of flats,\u201d he added.
\n\u00a0
\nRomesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email\u00a0romesh@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Expansion of upgrading scheme depends on budget<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The Home Improvement Programme currently applies to flats built up to 1986 that have not...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-33615","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-8Kb","jetpack-related-posts":[{"id":75565,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/govt-spent-1-93bil-on-home-improvement-programme\/","url_meta":{"origin":33615,"position":0},"title":"Gov\u2019t spent $1.93bil on home improvement programme","date":"January 2, 2018","format":false,"excerpt":"\r The Housing and Development Board (HDB) revealed that $1.93 billion had been spent under the Home Improvement Programme (HIP) since its launch in 2007 until 31 March this year, while another $40 million was spent under the Enhancement for Active Seniors (EASE) scheme. HIP is for older HDB flats\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":96301,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/home-improvement-programme-to-be-expanded-to-benefit-230000-hdb-flats\/","url_meta":{"origin":33615,"position":1},"title":"Home Improvement Programme to be expanded to benefit 230,000 HDB flats","date":"August 19, 2018","format":false,"excerpt":"\r View of HDB flats in Toa Payoh. In his National Day Rally speech on Sunday (19 Aug), Prime Minister Lee Hsien Loong said the Housing and Development Board\u2019s Home Improvement Programme (HIP) will be expanded soon to cover HDB flats built between 1987 and 1997. Started in 2007, HIP\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111562,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/government-to-pour-in-over-1b-into-upgrading-private-public-estates\/","url_meta":{"origin":33615,"position":2},"title":"Government to pour in over $1b into upgrading private, public estates","date":"October 14, 2019","format":false,"excerpt":"\r Meanwhile, the government will also upgrade 55,000 HDB flats under the second round of the Home Improvement Programme (HIP), which is set to start from next year onwards.\u00a0 In a bid to support stakeholders in the built environment industry, the government will spend a significant amount of over $1\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":39053,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/105000-applications-for-hdbs-ease\/","url_meta":{"origin":33615,"position":3},"title":"105,000 applications for HDB's EASE","date":"December 27, 2016","format":false,"excerpt":"\r The Housing and Development Board (HDB) said Monday (26 December) that it has received about 105,000 applications from households looking to make their flats elderly-friendly through the Enhancement for Active Seniors (EASE) programme, Channel NewsAsia reported. According to HDB, since the programme\u2019s launch in 2012, an estimated S$30 million\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":97608,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/seniors-have-options-to-unlock-value-of-hdb-flats\/","url_meta":{"origin":33615,"position":4},"title":"Seniors have options to unlock value of HDB flats","date":"September 11, 2018","format":false,"excerpt":"\r Seniors may choose to rent our a spare bedroom or sell part of their lease back to HDB. HDB flats provide a nest egg to seniors for their retirement needs, and the authorities have introduced many schemes and programmes to monetise such properties by then, according to National Development\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115568,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/construction-of-bto-flats-to-be-fast-tracked-after-circuit-breaker-period-ends-on-4-may\/","url_meta":{"origin":33615,"position":5},"title":"Construction of BTO flats to be fast-tracked after circuit breaker period ends on 4 May","date":"April 13, 2020","format":false,"excerpt":"\r Construction of BTO projects will be quickened after the circuit breaker period is over.\u00a0 With construction activities for all Build-To-Order (BTO) projects stopped amid the government\u2019s circuit breaker measures, the Housing and Development Board (HDB) revealed that the construction of BTO flats will be expedited following the lifting of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/33615"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=33615"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/33615\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=33615"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=33615"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=33615"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}