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Most public housing in Singapore is lessee-occupied. Under Singapore's housing leasehold ownership programme, housing units are sold on a 99-year leasehold to applicants who meet certain income, citizenship and property leasehold ownership requirements. The estate's land and common areas continue to be owned by the government.
UOL Group Limited ( Chinese: 华业集团有限公司; pinyin: Huáyè Jítuán Yǒuxiàn Gōngsī ), is a Singaporean headquartered company focusing on investment, development and management of real estate across the Asia-Pacific region. The Wee Family, significant shareholders of United Overseas Bank are the largest shareholders of the company.
The Housing & Development Board ( HDB; often referred to as the Housing Board ), is a statutory board under the Ministry of National Development responsible for the public housing in Singapore. Established in 1960 as a result of efforts in the late 1950s to set up an authority to take over the Singapore Improvement Trust 's (SIT) public housing ...
In the law of several US states, a 99-year lease will always be the longest possible contract for realty by statute, but many states have enacted shorter terms and some allow infinite terms. [citation needed] Due to the influence of the ideas of Henry George at the time the Australian Capital Territory (ACT) was established in the early 20th ...
Landed property. In real estate, a landed property or landed estate is a property that generates income for the owner (typically a member of the gentry) without the owner having to do the actual work of the estate. In medieval Western Europe, there were two competing systems of landed property; manorialism, inherited from the Roman villa system ...
URA is responsible for the urban design of the city. For areas of special interest, such as the Singapore River area, the Orchard Road shopping belt, and the Marina Bay, URA devises specific medium and short-term urban design and land use plans. It also works with other government agencies in enhancing the city's urban design.
In 2013, the Singaporean government announced a new development plan "Singapore 2030" for Singapore, designed to accommodate the growing population. It is assumed that the population will reach between 6.5 and 6.9 million by 2030. Singapore will increase its land area to 766 km 2 (296 sq mi) square kilometres through land reclamation from the sea.
55 Newton Road, Revenue House #12-01, Singapore 307987. Agency executives. Yeoh Oon Jin, Chairman [1] Colin Low, Chief Executive [2] Parent agency. Ministry of Law. Website. www .sla .gov .sg. The Singapore Land Authority ( SLA) is a statutory board under the Ministry of Law of the Government of Singapore.