Land Cost in FY2019/2020 and Breakdown of Payment to SLA, Government Organisations and Private Entities.

Hazel Asks the National Development Minister

Ms Hazel Poa asked the Minister for National Development (a) how much did HDB pay for land cost in FY2019/2020; and (b) what is the breakdown of that payment amount to (i) SLA (ii) other Government organisations and (iii) private entities.

Mr Desmond Lee: Currently, HDB only buys Land from the Singapore Land Authority (SLA), the custodian of State Land in Singapore, for HDB’s public housing developments.

 In FY 2019/2020, HDB paid SLA about $3.2 billion for the purchase of State Land. This information can be found in HDB’s annual financial statements report, which is published on HDB’s website.

Source : Written Answers to Questions