Written Answer by Ministry of National Development on land cost paid by HDB in FY2019/2020, the breakdown of payment amount to SLA, other Government organisations and private entities
Feb 2, 2021
Ms Hazel Poa: To ask 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.
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.