Written Answer

Percentage of Privately-held HDB Shops with More than 30-year Remaining on Their Lease and Possible Initiative for HDB to Buy Them Back

Speakers

Transcript

56 Mr Foo Cexiang asked the Minister for National Development (a) what is the percentage of privately held HDB shops that have more than 30 years of lease remaining; and (b) whether HDB will consider buying back such leases in appropriate cases to better curate the trade mix of shops and respond to residents' needs.

Mr Chee Hong Tat: The Member may wish to refer to the combined reply given by the Minister for National Development on 24 September 2025 to similar questions posed by Ms Mariam Jaafar, Mr Chua Kheng Wee Louis, Mr Kwek Hian Chuan Henry, and Mr Ang Wei Neng on HDB shops’ rents. [Please refer to "HDB Shop Rental Trends and Efforts to Keep Rents Affordable", Official Report, 24 September 2025, Vol 96, Issue 4, Oral Answers to Questions section.]