Committee of Supply 2025
An Enduring Vision for an Endearing Home
Accessible, Affordable, and Inclusive Housing
- Offer the Silver Housing Bonus (SHB) to right-sizing seniors, including owners of private residential property with Annual Value of up to $31,000, with net increase of $60,000 in their CPF Retirement Account
- Additional $10,000 flat cash bonus for those right-sizing to a 2-room or smaller flats
- Fresh Start Housing Scheme: extend shorter-lease 2-room/3-room Standard BTO flats to first-timer ComLink+ families and enhance Fresh Start Housing Grant for second-timer ComLink+ families from $50,000 to $75,000
- Introduction of EASE (Private) to support the supply and installation of senior-friendly fittings in private properties.
Conserving Our Natural and Built Heritage
- Targeted completion of over 25 new parks (over 170 ha) and over 50km of park connectors in the next five years, including an additional 8 parks and 13 km of park connectors added to the development pipeline
- Review of the Animals and Birds Act to strengthen safeguards on public health and safety, as well as animal health and welfare.
- Inter-Agency Task Force on Heritage Businesses, Traditional Activities and Cultural Life has been set up to support heritage businesses and cultural activities.
Transforming Our Built Environment Sector
- New $100m Built Environment Technology and Capability (BETC) grant from 1 April 2025
- Up to 70% funding support to BE firms, to build capabilities in the areas of enterprise, technology and manpower development
- New initiatives by the joint industry-government Taskforce on Architectural and Engineering Consultants to improve talent pipeline, business sustainability, industry and workforce transformation.
- Review of Code on Accessibility in the Built Environment to better serve the diverse needs of various groups
- Revisions to the Additional Buyer's Stamp Duty (ABSD) regime for licensed housing developers to better support complex projects and onboarding to Corenet X
Partnering Singaporeans to Achieve Our Vision
- Public Engagements for Draft Master Plan 2025 will culminate in the DMP2025 exhibition in mid-2025, as part of SG60 celebrations.
- Continue to engage coffeeshops in HDB estates for the Budget Meal initiative to provide residents with increased access to more affordable meal options.
Press Releases and Factsheets