Written answer by Ministry of National Development on Revitalisation of Shops (ROS) scheme

Feb 5, 2024

Question No: 5561

Question by: Mr Ang Wei Neng

To ask the Minister for National Development (a) how many HDB neighbourhood centres have been selected for Revitalisation of Shops (ROS) scheme after the Housing and Development Act 1959 has been amended in January 2023; and (b) whether the Ministry will increase the budget for ROS given that the construction cost has increased significantly in the last one year.

Answer:

          HDB is currently finalising the selection of sites for the Revitalisation of Shops (ROS) Batch 8 that opened in Nov 2023 for shortlisted sites, in consultation with the relevant Merchant Associations (MAs). The relevant Town Councils and MAs will be informed of the results by March 2024.

2.             There are currently no plans to increase the ROS budget. In 2023, we increased HDB’s co-payment share for the main ROS upgrading cost from 70% to 85% to reduce the co-payment borne by shop owners from 20% to 5%. We also introduced additional funding support for optional works at the shopfront, for example installation of vertical blinds. We will continue to monitor the situation and review our schemes as needed.