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
Read about MND's Committee of Supply 2024 here.