HDB Annual Report 1979/80
HDB Annual Report 1979/80
Contents
Principal Officers 3
Highlights 4
Chairman's Review 5
Resettlement 46
Auditor's Report 74
Capital Accounts 76
Revenue Accounts 80
The new HDB logo, an evolution of the old one conceived two decades ago, retains some
characteristics of the old logo through the symbol of the home and the square frame
representing the housing environment. The result is a new visual image of the HDB that
reflects new trends and directions in Singapore's public housing and is still easily recognisable
by the man-in-the-street.
Members of the Board
Pictured from left: C V Devan Nair, Koh Cher Siang (Deputy Chairman), Hsuan Owyang, Michael Fam (Chairman),
Albert Hong and Leow Jwee Meng.
4
Chairman's Review
Like most other organisations in Singa- management tool, and the courses on
pore, large and small, we were severely "social awareness" conducted jointly
affected by the impact of the frequent with the Department of Social Welfare
increases in oil prices and high wage mainly for our Estates Officers.
adjustments recommended by the
National Wages Council. This resulted Housing Programme
in our more intensive search to increase
productivity through a greater degree of The beginning of the year under review,
mechanisation and greater emphasis on April 1979 to March 1980, saw the
professionalism. launching of the Fifth Five-Year Build-
ing Programme from 1981 to 1985.
We were similarly affected by the end- Public tenders were invited for these
of-decade syndrome. We tried to take a projects and awards made progressively.
few hard looks at the strengths and At the same time the Board continued to
weaknesses of our efforts in the seven- monitor the progress of the Fourth Five-
ties and endeavoured to better under- Year Building Programme.
stand the expectations and aspirations
of our residents in order to guide our- Despite the difficulties caused bythe up-
selves in the eighties in the areas of swing of the construction activities and
environmental design, our service to the corresponding shortage of labour
residents, and management of the and materials during the year, some
estates. 27,000 housing units were completed.
This brought the total number of
To meet these challenges we felt the housing units completed under the
need to more actively streamline our Fourth Five-Year Building Programme
management system and foster career (1976-80) to about 114,000.
development of our officers. Obviously,
this could not be accomplished in one By the end of 1980 around 134,000 units
year; it was, rather, a continuing process (127,600 flats) are expected to be com-
towards more clearly defined goals. pleted under the current building pro-
That set the tone for the year, and most gramme. The projected target for the
likely for some years to come. next five years is 90,000 to 105,000
units (85,000 to 100,000 flats). The
In organisational terms, our response to population housed in our flats will in-
these challenges resulted in the creation crease from 67% of the total population
of the Management Planning Unit in the in March 1980 to 69% and 75% by
Administration and Finance Division to March 1981 and the end of 1985 respect-
inject greater professionalism in cor- ively. The number of owner-occupied
porate planning, personnel manage- flats also increased from 54% of the
ment, recruitment and training. All flats under management in the previous
existing computer resources were year to 59% by the end of March 1980.
centralised under one roof through the
setting up of the Computer Services As a result of the year's effort, the
Department which would also develop developments in Ang Mo Kio, Bedok
new guidelines, services and pro- and Clementi were nearing completion.
grammes for future needs. In the Build- New areas such as Tampines and
ing and Development Division the Con- Hougang to the east, and Jurong East
struction Technology Unit was estab- and Jurong West to the west rapidly
lished to study areas to improve overall gained momentum and would be the
productivity in the building industry and major development areas in the next few
introduce more mechanisation at con- years.
struction sites. In the Estates and Lands
Division the Real Estate Analysis Unit Supply and demand
was formed to monitor market trends in The number of flats under construction
commercial and industrial sectors in continued to be roughly equal to the net
order to guide our development plans. demand on the waiting list thereby
sustaining the average waiting time of
Among the many training programmes, about two years or slightly more. The
which totalled 37 and occupied 236 days demand for flats, however, remained
in the year, the more significant ones high, possibly due to the inflation in
were seminars on the use of a pro- private property values beyond the reach
gramme and schedule system as a of many citizens and the relaxation of
5
income ceiling and many rules pertain- were to be built for immediate use. The their cumulative size often assumed the
ing to eligibility for flats. As a result the users could add or subtract modules proportion of new towns without the
total number of applications during the subsequently as flexibility was incor- associated amenities such as town
year reached 44,700 as against 38,400 in porated in the original design. centres, sports complexes and other
the previous year. The majority com- institutional facilities. Our planners
prising 35,600 applicants applied to buy The Building Industry attempted to re-structure these "estate-
flats and there were only 9,100 appli- conglomerates" as much as possible into
cants for rental flats during the year. Inflation new towns. Wherever practicable, com-
That brought the waiting list to purchase The construction industry in Singapore mercial and light and clean industrial
and to rent flats by the end of March experienced the worst inflation since premises were injected to boost employ-
1980 to a higher figure of 68,700 as 1974. Despite our effort to produce ment opportunities and make the old
compared with 66,300 a year earlier. much of the essential materials, con- estates more self-contained. Generally
Among them, 34,300 were existing struction cost increased by more than within a typical new town of 40,000
lessees, tenants or occupiers of HDB 30% during the year under review. In housing units, or approximately 200,000
flats in our estates, 5,400 were resettle- particular, labour shortage pushed up people, around 35,000-40,000 jobs
ment cases, leaving in effect 29,000 wages by 35%. Sand and brick prices could be created. This was feasible only
public applicants. Nevertheless, the rose by 47%, timber by about 32%, by dovetailing our redevelopment and
public housing programme appeared granite and reinforcement bars by conversion efforts into the planning
likely to be sustained at the present level around 22%. Towards the end of the concept. As a result of these efforts the
for some time. fiscal year, our officers were studying following estates were combined as new
the feasibility of increasing output of towns, at least on paper. Hopefully,
Besides the residential buildings, we also our plants to alleviate at least one main over a period of redevelopment, they
provided commercial and light indus- cause of the price inflation — the short- would function as such. These "estate-
trial facilities in our housing projects to age of supply of essential materials. conglomerates" comprised MacPherson
serve the needs of our residents and and part of Kallang Basin (26,000 hous-
resettlement cases. With the substantial ing units), St Michael's, Balestier and
Better contract conditions part of Kallang Basin (28,000 housing
increase in the resettlement activities in
recent years, the demand for these Shortage of labour, unstable pricing, units), Bukit Ho Swee and Tiong Bahru
facilities rose correspondingly. In addi- high collaterals required for bonds by (26,000 housing units), Henderson and
tion, as our commercial facilities includ- insurance companies as well as sub- Telok Blangah (40,000 housing units),
ing office premises began to draw more stantial variations of work in the course and Queenstown, Buona Vista, Ghim
and more patrons from the neighbour- of our contracts caused some anxiety Moh and Ayer Rajah (37,000 housing
ing private development areas, the among contractors. To reassure them, units).
demand for such facilities rose. Corres- we re-examined the existing contractual
pondingly, the need for more diverse terms and made a number of amend- Environment and building upgrading
floor sizes and usage, and better finished ments for new contracts. These included
revised procedures for variation orders, Redevelopment and conversion of old
and designed buildings became more estates commenced some time in 1978
strongly felt. The number of com- reduction of the quantum of security
deposits, less stringent rules on cash and continued during the year. Of the
mercial and industrial premises com- total stock of 88 blocks comprising
pleted in the year was about 1,200 units retention, and the early release of such
deposits and cash retention upon the some 19,400 one-room emergency flats,
as against 2,200 the year before. Despite 22 blocks were demolished by March
some fluctuations in the statistics, a high issue of the newly introduced provi-
sional completion certificates. 1980 and another 12 blocks in various
level of output would have to be stages of demolition. The demolition
sustained in the coming years. made available 13 parcels of vacant land
Improvements in Old Estates yielding six new building sites and seven
new open spaces. Of the six blocks com-
In addition, we also introduced the In the past annual reports we focussed prising nearly 3,000 dwelling units
detached and semi-detached expandable almost exclusively on new estates. How-
workshops for special industries as an identified for conversion, work was
ever, after 20 years of public housing, completed in two blocks.
addition to our existing series of terrace improvements to existing estates had
workshops, flatted factories and indus- become a significant aspect of our
trial shops. By our definition, special development works. Improvements to Through close monitoring of small-scale
industries included those with pollution the estates during the year could be pilot schemes, our officers were con-
problems or those requiring large out- viewed from three aspects, namely, vinced of the need to provide on void
door area and small indoor space. Each planning, environment and building up- ground floors electrical supply points
expandable workshop consisted of a grading. and taps and wash areas, mainly for
compact office and amenities core, food preparation on social occasions,
normally located at the front of sub- and kiosks at selected locations.
divided lots. The factory space was Planning
attached to it at the back and divided The various old estates were originally As a pilot scheme seven building blocks
into modules arranged in a series. Only planned as neighbourhoods. However, were installed with the closed circuit
a few of the modules in each workshop as more estates adjoined one another, television system. Cameras were
6
mounted in the lifts to transmit images New Concepts for Future Estates through variation in design, choice of
to TV screens in the lobby as well as in- materials and colour schemes. One
dividual sets in the flats. The system Last year the precinct concept was intro- could reasonably anticipate some
would be monitored for at least a year duced and became a regular tool used in enrichment to our new estates. But one
for evaluation. the planning and design of new housing should not expect dramatic visual dif-
estates. We also mentioned then our ference from one estate to another,
Other principal improvements to old attempt to inject individual character to because of the speed and volume of our
estates are listed here: the different precincts and new towns development and the great reliance on
the rectangular slab blocks of similar
size and shape as the basic units in the
housing estates.
Policy Changes
The inflation during the year, parti-
cularly towards its end, not only resulted
in higher construction cost but also
necessitated the increase in the selling
prices of all types of flats by 15% and
rentals by 10% from July 1979. Chang-
ing social and economic situations in the
country as a whole also necessitated the
following policy changes. We relaxed
the rules on eligibility and income ceiling
for our applicants and at the same time
increased the rates of compensation to
resettlement cases.
Chairman
10
Staff Strength in 1979/80
Allocations Estates
Structural Electrical
Survey &Land &Land Legal Resettlement
Engineering Engineering
Department Acquisition Management Department Department
Department Department
Department Department
11
Administration & Finance
"Our Home"
For the eighth year running, "Our
Home" maintains a personal dialogue
between the Board and its residents.
With each bi-monthly issue, 260,000
copies of "Our Home" were distributed
free to HDB and JTC households in the
year under review.
The Board's progress was projected *Excludes adjustment items relating to previous years' accounts. In 1979/80 there was an
through informative articles on its new adjustment of income of $20 million from accumulated survey fees from 1964 to March 1979.
development projects, latest building
designs, and relaxation of rules per- half-yearly using the annuity method. was $33 million. The recurrent deficits
taining to eligibility for flats. To add to are fully subsidised by the Government
the variety of educational articles, a new In 1979/80 loans totalling $836 million through provisions made in the Govern-
feature entitled "Doctor's Day" was were allocated by the Government to the ment's Main Estimates.
introduced and well received by resi- Board. This formed one-third of the
dents. The popular children's page total Government's Development
"Playpen" was revised and given a new Capital and Revenue Accounts
Estimates of $2,560 million, reflecting
outlook. the high commitment by the Govern- The capital accounts of the Board show
ment to the public housing programme. the expenditure on land acquisition,
Financing of Public Housing construction of buildings, development
The Board's annual revenue expenditure and improvement, and the operations of
The public housing programme has has always exceeded annual revenue the Board's subsidiaries. The revenue
been financed by loans from the income as the rentals of flats are fixed at accounts present the income from rent,
Government. Loans for properties sub-economic level and the Board has to service and conservancy fees, interest
developed for sale are repayable over 10 pay property tax and other charges like and other miscellaneous sources. The
years with interest at 6% per annum and any other private landlord. The housing revenue expenditure reflects the expendi-
loans for properties for rent are repay- subsidy from the Government for the ture on loan repayments, property tax,
able over 60 years at 7¾% interest per year under review, after offsetting $20 administration, and maintenance and
annum. All loan repayments are made million from accumulated survey fees, conservancy charges.
14
Disposition of Revenue Income April 1979—March 1980
Loan charges do not include principal repayment of Government loan for constructing flats for sale. Property tax relates only to rented
properties. Property tax for sold properties is payable by the purchasers. Principal repayments on mortgage loan are not included in
Income. Interest covers interest from Home Ownership mortgage and other loans, banks and investments.
15
Internal Audit of the need for a centralised computer Research projects
services body to provide better infor- Surveys and research projects provide
The Internal Audit Section is directly mation feedback, consolidate and up-
answerable to the Chairman. The feedback information for planning,
grade existing in-house computer development and management pur-
section conducts independent reviews of systems, and extend computer services
accounting, financial and other opera- poses. The following are some of the
to more areas of operations to enhance
tions, and provides the Management projects carried out during the year:
productivity.
with objective analyses, appraisals and
recommendations to improve opera- At the end of March 1980 there were 45 Survey on ground floor flats
tions. officers, which included 16 with various This study established the reasons for
The Internal Audit Section is being degrees of proficiency in computer residents opting for ground floor flats
geared to progressively widen its scope systems design work and programming and the problems encountered in
to cover financial management, data experience. Of the 45 officers 43 were ground floor flats. Suggestions were
processing and technical auditing. transferred from other departments of sought from residents on improve-
the Board and two appointed directly. ments to better the living conditions of
Management Information ground floor residents.
The department is grateful to the Post
Data bank Office Savings Bank, Central Pro- Study of HDB playground equipment
vident Fund Board, and Singapore
The Board's data bank serves as a nerve Bus Services for their advice and assis- This study provided feedback on the
centre providing socio-economic infor- tance in upgrading the Board's comput- popularity of the various types of play
mation on HDB households and er services. equipment in various categories of
applicants on the waiting list to buy and playgrounds, the usage of these recrea-
to rent flats. Compiled quarterly, the For day to day operation needs there tional outlets, and the problems encoun-
live registers also include information on are 68 computer systems and over 600 tered on the maintenance of play-
loans outstanding, rent arrears and use programmes serving all divisions/ grounds.
of Central Provident Fund credits for departments of the Board. The areas
the purchase of flats. covered by the major computer systems Survey on parking facilities in Toa
are planning and research, accounting, Payoh Town Centre
Computer systems development estates management, building pro- The main objective of this study was to
The Computer Services Department was gramme, allocation of essential building ascertain the provision and utilisation of
formed in December 1979 in recognition materials and lift performance. car parks in Toa Payoh Town Centre.
Equator 136.8 km
Area 618 sq km
Population 2,377,800
Ah Hood Road
Ayer Rajah
Bukit Batok
Bukit Purmei
Changi Village
Geylang East
Haig Road
Kallang Basin
Kampong Java
Kampong Silat
Rajah Court
St George's Road
Teck Whye
18
New towns under development
Ang Mo Kio
Bedok
Clementi
Hougang
Jurong East
Jurong West
Queenstown
Tampines
Telok Blangah
Toa Payoh
Woodlands
Yishun
The Building Programe contractors in the tendering for its pro- scheme will increase the pool of local
jects. workers in the long run.
The year saw increasing sophistication
in public housing developments in Building materials Contractors
anticipation of higher aspirations from
Singaporeans. 25,702 flats, 741 shops In 1979/80 the prices of building During the year there was poor response
and 462 units of industrial premises were materials registered very high increases. from contractors to tender for Board
built, providing a total floor area of 2.8 Among the major materials, sand and projects due to the uncertain market
million square metres. Commercial bricks increased by 47%, timber by situation and the anxiety created by the
facilities completed comprised six HDB 32%, granite aggregates by 22%, and frequent oil price increases. Tenders
Area Offices, six post offices/Post reinforcement steel bars by 21 %. included larger provisions for contin-
Office Savings Banks, seven mar- gencies resulting in higher bids.
kets/food centres, three emporiums, The step up of construction activities in
four supermarkets, four restaurants, the public and private sectors and the The following measures were introduced
and five coffee houses. Community restriction of supplies from traditional to encourage better response from con-
facilities built consisted of 10 kinder- sources led to some shortages of tractors:
gartens, four community halls, two building materials during the year. The
offices for Residents' Committees, four Board did not, however, encounter 1 Lowering security deposits
homes and one recreation centre for serious shortages as several corrective To assist contractors with their cash
senior citizens, and one education measures were taken to overcome the flow, the Board twice revised the quan-
centre. situation. These measures included tum of security deposits.
increases in the production of concreting
Projects under construction as at 31 sand from 45,000 cubic metres to a peak In June 1979 the deposit was reduced
March 1980 consisted of 36,012 flats, of 100,000 cubic metres per month and from 30% and 20% to 20% and 10%
1,096 shops and 1,699 units of industrial the production of plastering sand respectively for new and relatively new
premises, which when completed will amounting to 10,000 cubic metres per contractors.
provide a total floor area of 4.4 million month beginning in December 1979.
square metres. Another measure was the substitution of In February 1980 merit star contractors
bricks with solid concrete blocks from were given the option of providing the
The target in the Fifth Five-Year Build- January 1980. The Board was the leader 5% security deposit either in the form of
ing Programme (1981-85) is 90,000 to in this field and many private sector bank guarantees or insurance bonds, or
105,000 housing units compared with developers followed suit. Stockpiling of by their personal guarantees. The
125,000 to 150,000 in the current five- materials was also taken to overcome quantum of security deposit for new
year building programme. This is the problem of shortages of building and relatively new contractors was
because the Board has, subject to sea- materials. The Board stockpiled up to reduced from 20% and 10% to 10%
sonal fluctuations, met the backlog of 127,000 tonnes of granite aggregates of and 7½ % respectively.
the demand for public housing. How- which 45% was subsequently used to
ever, the tempo of construction will be meet increased demand during the first These security deposits, usually in the
maintained with the building of larger quarter of 1980. form of insurance bonds, are now only
flats and greater emphasis on achieving required to cover the period of contract
further qualitative improvements in Labour until completion. They are released as
public housing. soon as the contracts are certified
The upswing in construction activities in
both Singapore and Malaysia has complete and are no longer retained for
Construction Industry created a very high demand for both the one-year defects liability period.
skilled and unskilled labour in the 2 Relaxing cash retention
During the year there was increased region. As a result, Singapore, which
momentum in private construction requirements
relies heavily on foreign labour, expe-
activities. Though not of the same rienced a labour shortage which pushed To further assist contractors with their
magnitude as the boom of the early labour cost up by 35%. The number of cash flow, the Board relaxed the cash
seventies, it nevertheless created a strain work permits issued by the Ministry of retention requirements. The maximum
on the already tight construction labour Labour dropped to 7,340 in 1979/80 cash retention in any contract is limited
and materials market. With many large- compared with 9,627 in 1978/79. to $500,000. Where the total retention
scale private projects in the pipeline, exceeds this amount the excess can be
this trend is expected to continue for The Board foresaw this problem several covered by an approved guarantee or
some time. This upswing in private con- years ago and launched a training bond.
struction activities has caused the Board scheme jointly with the Vocational Insti-
some concern in the supply of labour, tute Training Board to provide a core of 3 Issuing provisional completion
materials and the poor response from skilled workers for the local construc- certificate
tion industry. Since its inception in 1974 The release of the retention money has
Earth from Tampines cut site bound for
Phases VI and VII of the East Coast 529 trainees have graduated. 564 been expedited with the introduction of
Reclamation, HDB's largest agency project apprentices were undergoing training as the provisional completion certificate.
costing $352 million. at 31 March 1980. It is hoped that this This certificate is issued when the con-
21
tractor has substantially completed his in new towns in Ang Mo Kio (12,979 meet the demand from resettlement
contract but is unable to obtain the certi- housing units), Bedok (5,349 housing cases, the Board continued to build
ficate of completion as minor works are units), Clementi (3,106 housing units) more light industrial premises. In
still to be completed. However, with the and Woodlands (1,171 housing units), 1979/80 the Board completed 441
issue of the provisional certificate, 50% and in a number of smaller scale pro- terrace workshops, 18 industrial shops,
of the retention money can now be jects in housing estates (2,235 housing and three canteens. In addition, one
released; the other half will be released units) (see pages 18 and 19). block of flatted factories was built for
on completion of the contract. the Jurong Town Corporation. Under
The town of Ang Mo Kio is expected to construction were 1,257 terrace work-
4 Merit star scheme be completed by late 1980. In Bedok the shops and 387 industrial shops.
The merit star scheme continued to act newly completed town centre has
as an incentive for contractors to become the focal point of orientation in
2 Special industries
perform their contracts well. A contrac- the new town. Over in Clementi
construction work in progress on the Special industries with pollution
tor can be awarded a maximum of five
town centre is expected to be completed problems would be located in industrial
merit stars, with each star giving him a
by mid 1980. parks consisting of prototype factories
half percent advantage in his tenders
in various sizes on lots ranging from 900
over those without merit stars. As at 31
Under construction at the end of the sq m, 1,800 sq m, 3,600 sq m to 4,300
March 1980 there were 98 merit star
year were 33,528 flats. These included sq m.
contractors with one to five stars as
against 73 a year ago. the development of Jurong East and
Jurong West New Towns where the The first batch of 55 prototype factories
Building cost planning will maximise the locational at Defu Industrial Park was at various
advantage of existing regional open stages of completion. Tenders were
Building cost of public housing rose by spaces in Jurong Lake, Chinese and called for another 144 factories in
30% over that in 1978/79, the result of Japanese Gardens and the Jurong Golf Woodlands and Defu.
very keen competition for scarce Course. Tampines New Town,
resources in the building industry and structured on the precinct planning con-
increases in oil prices. New designs cept, will have the first of the Board's Farmland development
adding a qualitative dimension to public "new generation" flats with larger floor
housing also contributed to higher areas and better finishes. Making its 1 Pig farms
building cost. appearance in the eastern part of Singa- The Board continued to develop pig
pore is Hougang New Town where five- farms on behalf of the Primary Produc-
Review of Major New room maisonettes were introduced. tion Department. During the year 43
Developments hectares of farmland at Punggol were
Commercial developments completed and another 60 hectares were
Public housing developments being developed.
1 Central Area
1 Central Area For the period under review 124 shops,
5,500 sq m of office space, one office 2 Fish farms
A number of our Central Area projects
for a bank and two coffee houses were Another 24 plots of fish farmland in
was completed providing 862 new flats.
completed in the Central Area. Under Tampines were ready for leasing to trop-
They represented the result of our new construction were 438 shops, 13,000 sq
effort to inject greater architectural ical fish farmers affected by public
m of office space, one emporium and development projects.
quality in the building of complexes with one supermarket.
the corresponding environmental up-
grading. These were Bras Basah Crematorium and columbarium
2 New towns and suburban in Mandai
Complex, Tanjong Pagar Plaza Con-
areas
tract 2, Hong Lim Complex Contract 2
(Part), and Kitchener Complex Contract In the various neighbourhood and town To ensure a continuous supply of land
2 (Part). centres and suburban areas 617 shops, through the clearance of old cemeteries
three emporiums, four supermarkets, to meet future building programmes the
Projects under construction by the end four restaurants, three offices for banks Board will build a large crematorium in
of the year comprised 2,436 flats in and three coffee houses were completed Mandai to cremate exhumed remains
Albert Centre, Crawford Centre, Hong during the year. Under construction from cemeteries affected by public
Lim Complex, Kelantan Centre, were 658 shops, one emporium, one housing. The crematorium will be
supermarket and two coffee houses. designed in a parkland setting sur-
Kitchener Complex, Kreta Ayer Com-
plex, Kreta Ayer Centre and Buffalo rounded by green nature reserve on an
Industrial developments 11-hectare hilly site. It will have a capa-
Road.
city of 12,000 cremations annually and
1 Terrace workshops and flatted will be equipped with 12 modern high-
2 Non Central Area factories efficiency cremators when completed by
During the year 24,840 flats were com- In line with the policy to incorporate the end of 1981. There will be a colum-
pleted outside the Central Area, largely light industries in housing estates and to barium with 200,000 niches.
22
Hougang New Town Phase 1
23
Activity Review
Plant operations
The production of HDB plants in
1979/80 is given below:
20 mm granite
aggregates 870,000 tonnes
Concreting sand . 965,000 cubic metres
Plastering sand . . . 40,000 cubic metres
Bricks 26.7 million pieces
Glazed wall tiles
(premium grade). . . 48.9 million pieces
Executive Maisonette
29
post climbing, tyre swing, obstacle wall Below: A worker erecting metal formworks, a
and rope climbing. method used by the Board to upgrade
construction techniques and to alleviate the
Existing estates labour shortage in the building industry.
1 Redevelopment and conversion Right: The conversion work in Everton Park
represents a major effort by the Board to
The redevelopment and conversion pro- upgrade environmental and building
gramme for improvements to old estates standards in old estates.
was in full swing during the year. The Bottom right: Kiosks for small businesses
massive upgrading programme covers including those of some resettled shopkeepers
88 blocks comprising 19,408 one-room have been introduced in housing estates. This
picture shows one of the kiosks in Ang Mo
emergency flats built in the early sixties Kio Town Centre.
to meet the pressing need for shelter.
31
Ministry of the Environment's mech-
anisation scheme to expedite refuse col-
lection and prune labour needs and
eliminates refuse stench and spillage.
In June 1979 the programme to replace
galvanised iron refuse carrier bins with
plastic bins was launched. These plastic
bins are not only larger and more dura-
ble, but also safer and quieter for hand-
ling.
Lift improvements
New estates
1 Modifications in design of
new lifts
New lifts will have improved engineering
system in the gear box, door operator,
indicators, safety gears, relays, motor
control resistors, and switches signalling
overloading to reduce breakdowns and
down time. Better locks for landing
doors will improve security of pas-
sengers in lifts. The trap door switch has
also been modified to prevent abuse.
Existing estates
1 Additional lifts to existing
buildings having only one lift $1.4 million programme to provide A $45 million project to provide additional
battery-operated emergency power lifts in old buildings with single lifts is
per block underway. Featured here are additional lifts
supply to lifts installed before 1973 being installed in Bukit Ho Swee (above) and
There are 279 apartment blocks involv- servicing a total of 105,500 flats. This
ing 31,400 flats in the older estates Everton Park (right). This is part of a series
power will keep the lift fan working and of major improvements to enhance the
where there is only one lift per block. the lift lighting on in the event of a quality of the living environment for residents
One additional lift will be provided for power failure. in old estates.
each block.
lift maintenance are being computerised
4 Anti-crime siren to systematically record all expenditure
Work was in progress during the year on
this $45 million improvement pro- Anti-crime sirens were installed during on lift parts and repairs as well as to
gramme scheduled for completion by the year in 1,963 lifts serving residents in compare performance of lifts with
the first quarter,of 1981. 128,000 flats to improve security for regard to age, technical viability and
residents travelling in lifts to reach their possible increases in repair cost.
2 A utomatic rescue device homes. The anti-crime siren will be trig-
gered off when the lift is deliberately The information will guide decisions on
The installation of automatic rescue stalled. The siren is connected to two
device in lifts provides the solution to lift replacement when major repairs are
speakers installed at the mid and ground due.
the rescue of large numbers of residents levels of each apartment block. This
trapped in lifts in the event of a major improvement programme, estimated at Construction Technology
power failure. This device, powered by a $1.2 million, will cover all 4,004 lifts in
24-volt standby battery, will drive the 1 Construction Technology Unit
existing estates. The Construction Technology Unit was
lift to the nearest landing and activate
the door mechanism to effect the rescue formed in January 1980 to undertake
within 10 minutes. 5 Closed circuit television research into building science and other
Seven blocks of flats were selected for fields related to the construction
The entire project is expected to cost the installation of closed circuit tele- industry. The unit will improve and
$19.5 million. Production of the com- vision in lifts to study the feasibility of modernise construction work and site
ponents began in August 1979 and this system in deterring crime and van- management through rationalisation of
installation work covering a total of dalism. The scheme is to be monitored operations, mechanisation and the
3,600 lifts was scheduled for completion over a period of at least one year before introduction of new construction tech-
in May 1981. a decision is made. niques.
3 Emergency power supply 6 Computerisation of lift data
During the year the Board completed a To increase efficiency data pertaining to
32
2 Industrialised system of
construction
A prefabricated housing system suitable
for application in Singapore was deve-
loped during the year. The system com-
prises precast reinforced concrete
framework supporting prestressed
hollow core slab units. A prequalifica-
tion exercise was carried out in August
1979 to select suitable local and foreign
contractors experienced in the pre-
fabricated method of construction.
Quotations for the construction of
10,000 to 15,000 units of three- and
four-room apartments by this system
were invited from the shortlisted con-
tractors in February 1980. These con-
tractors were also invited to submit
alternative schemes of prefabrication for
the Board's consideration.
Activity Review
Agency work
1 East Coast Reclamation
The Board acts as the agent for the
Government in the major reclamation
projects along Singapore's east coast. In
January 1979 work began on Phases VI
and VII to reclaim 360 hectares of land
right in the hub of the Republic's busi-
ness centre. Phase VI will yield 234
hectares of reclaimed land extending
between Katong and Tanjong Rhu and
Phase VII 126 hectares off Telok Ayer
Basin adjacent to Phase V reclamation.
When these phases are completed in
1985 the east coast reclamation will yield
1,525 hectares extending over a 18 km
coastline.
During the year a Real Estate Analysis Unit was set up to gather data on open
market transactions and practices in real estate. The analyses of real estate trends
and values provide Management with information on the development of com-
mercial/industrial facilities for the Central Area, town and neighbourhood centres.
Review of Properties under Management Above and right: Bold and imaginative, the
Bras Basah Complex represents the Board's
Demand for flats innovative approach to revitalise Singapore's
Central Area. The complex houses many
A record number of 35,561 applicants registered to buy flats in 1979/80. For rental bookshops lending continuity to the book
flats the number of applications increased to 9,099 during the year after a five-year trade in the Central Area.
declining trend. This sudden increase could be attributed to the new rental scheme
for senior citizens introduced in June 1978 which attracted 645 applications during
the year.
Flats sold in 1979/80:
The waiting list of applicants for rental flats was reduced to 8,510 from 9,763 in the
preceding year in spite of the higher number of new applications received in
1979/80. This is attributed to the high termination of existing one-room tenancies
which has enabled the Board to meet the demand of new one-room applicants.
Many of the commercial premises were situated in prime areas in new town centres
in Ang Mo Kio, Bedok, Clementi, Bukit Merah and Woodlands. Bookshops along
North Bridge Road were relocated in the Bras Basah Complex designed to serve as a
book centre to lend continuity to the trade in this part of the Central Area.
Community/social services
34 units were let at concessionary rentals to provide community and social services
as follows:
Between April 1979 and March 1980 the Board detected 7,961 cases contravening
the Environmental Public Health Act. Of these, 3,108 cases were of unauthorised
hawking in the Board's estates and 4,853 cases of violation of the regulations
governing littering and food handling.
Car parks
As at 31 March 1980 the Board managed 496 car parks providing 76,751 car lots
and 47,020 motorcycle lots.
A new ticketing system for motorists parking overnight was introduced in 92 car
parks in various housing estates. Night parking tickets in booklets could be bought
in advance from Area Offices and slipped into 'night parking' deposit boxes in car
parks.
Activity Review
Land
In 1979/80 the Board managed 3,712.18
hectares of land to meet the demand for
land in public housing developments. Of
this stock in the land bank, 587 hectares
were taken up for public housing and
19.18 hectares leased out for industrial,
commercial and religious uses. The
stock of land available for future
development as at 31 March 1980 was
3,106 hectares (see table on left).
Land acquisition
During the year 17 sites in various loca-
lities were gazetted for compulsory
acquisition totalling 415.2 hectares in
311 lots. The more substantial acqui-
41
sitions were in Bishan, Upper Paya
Lebar Road and Tampines.
Security services
The establishment of more new Area
Offices and the increase in the number
of suburban properties taken over for
management led to greater security com-
mitments. Despite the shortage of man-
power, the Division's Security Section
was able to maintain a satisfactory level
of security control in the areas under its
charge.
The Resettlement Department acts as Above: The Yishun columbarium paves the
the central authority for the clearance of way for the exhumation of graves in
cemeteries to provide land for development.
State Lands and resettlement of occu- Right: Many resettled shopkeepers opted for
pants affected by public development premises in prime commercial areas such as
projects undertaken by all Government those in Bukit Merah Town Centre.
departments and Statutory Bodies,
except the Jurong Town Corporation. ($81.00 per sq m). Compensation for
The scope of resettlement work includes crops was increased from $150 to $500
the offer of alternative accommodation per 1,000 sq m.
such as flats, shops, offices, workshops
and industrial sites in suitable localities, Farmers affected by clearance who hold
and the payment of ex gratia compen- farm licences issued by the Primary
sation. Production Department of the Ministry
of National Development would qualify
for a resettlement cash grant of $15,000
Revised Resettlement Policy in addition to the increased rate of com-
The resettlement policy, which had been pensation. The previous cash grant was
in force since April 1975, was revised $11,800. Further, they would be given
during the year to offer better incentives priority to purchase or rent HDB flats
and benefits to resettlement cases. News and to opt for shops or industrial work-
of the intended revision was announced shops should they wish to go into
during a Parliament Session and a business.
committee set up by the Ministry of Owing to the scarcity of land, the
National Development to review the practice to allocate land to farmers was
existing policy. The revised policy, discontinued. However, large-scale
which took effect from 22 March 1979, farms operating on a commercial basis
involved several significant changes. could apply to the Primary Production
Department for farm land.
Higher compensation for residential
squatters Broader qualifications for resettlement
benefits
The compensation for houses owned by
residential squatters was increased from Under the new resettlement policy more
$3.40 per sq ft ($36.60 per sq m) to squatters can qualify for resettlement
$4.00 per sq ft ($43.50 per sq m). benefits. Previously, only squatters
living on acquired land on or before the
Better terms for farmers 'cut-off date' (ie date of Government
gazette notification) qualified for
Farmers' houses would be compensated resettlement benefits. This ruling was
at a uniform rate of $7.50 per sq ft relaxed to include squatters who had
46
been living continuously on the land for commitment. Three major areas were
three years prior to the taking of census identified for the resettlement pro-
by the Resettlement Department. gramme spanning up to 1984. First, the
clearance of land to meet the demand
Increase in rental rebate and cash for public housing, roads and other
grant public projects; second, the relocation
of squatters from slums and in
Other changes included an increase in unsewered buildings within the catch-
rental rebate for HDB flats from $15 to ment areas of the Singapore River and
$16.50 per month for the first three Kallang River to eliminate pollution to
years, an outright cash payment of $594 waterways; and third, the phasing out of
to families who opted for their own pig farming from land designated as
accommodation, and a higher cash water catchment areas.
grant of $40,000 for businesses occupy-
ing rent-controlled buildings larger than Programme Highlights
200 sq metres in the Central Area.
A record number of 18,052 squatters
Resettlement Programme was cleared and the resettlement
compensation under the revised policy
The Resettlement Department had rose to $94.9 million, compared with
another year of heavy clearance $52.8 million the year before.
The following table provides a summary of types of resettlement schemes during the
year:
The year's resettlement effort released 115 sites for development projects involving
the demolition of 5,886 structures. Details are as follows:
50
HDB Building Statistics
51
Properties under Management in 1979/80
Flats Sold under Home Ownership for the People Scheme as at 31 March 1980
Albert Centre
Albert House
Alexandra Hill
Alexandra Village
Ang Mo Kio
Ayer Rajah
Balestier
Bedok
Bras Basah
Brickworks
Bukit Batok
52
Bukit Ho Swee
Buona Vista
Chin Swee Road
Clementi
Covent Garden
Crawford/North Bridge Road
Delta
Fairer Road
French Road
Geylang East
Geylang Serai
Ghim Moh
Haig Road
Henderson Crescent
Hong Lim
Jalan Eunos
Kallang Basin
Kallang/Tanjong Rhu
Kampong Java
Kampong Silat/Kim Tian
Kampong Tiong Bahru
Kelantan Centre
Kreta Ayer
Lincuogang
Lorong Lew Lian
MacPherson
Marine Parade
Maude Road/Kitchener Road
Moulmein Road
Outram Road
Park Road
Punggol
Prinsep Street
Queenstown
Redhill/Henderson
Rochor House
Rochor Road
Selegie House
Seletar Hill/Jalan Kayu
Siglap
Sin Ming
Spottiswoode Park
St George's Road
St Michael's
Tanjong Pagar
Teck Whye
Telok Blangah
Tew Chew Street
Tiong Bahru
Toa Payoh
Upper Changi
Waterloo Centre
Woodlands
Yishun
53
Rental Flats under Management as at 31 March 1980
Alexandra Hill
Alexandra North
Alexandra Village
Ang Mo Kio
Ayer Rajah
Balestier
Bedok
Brickworks
Bukit Ban Kee
Bukit Batok
Bukit Ho Swee
Bukit Merah
Bukit Panjang
Buona Vista
Cantonment Road
Changi Village
Chin Swee
Clarence Lane
Clementi
Covent Garden
Delta
Duchess
Ellenborough
Fairer Park
Fort Road
French Road
Geylang East
Ghim Moh
Guillemard Road
Haig Road
Henderson
Henderson Hill
Hong Lim
Jalan Besar
Jalan Eunos
Jalan Kayu
Kallang
Kallang Basin
Kampong Java
Kampong Silat
Kampong Silat/Kim Tian Road
Kampong Tiong Bahru
Kelantan Lane
Kreta Ayer
Lakeview
Lavender Street
Lorong Lew Lian
MacPherson
Madras Street
Marine Parade
Maude Road/Syed Alwi Road
New Bridge Road/Cantonment Road
North Bridge Road
North Bridge Road/Crawford Road
Sumbawa Road
Outram Park
Palembang Road
54
Park Road
Pearl's Hill
Petain Road
Punggol
Prince Charles Crescent
Princess
Princess Elizabeth
Queenstown
Redhill
Redhill/Henderson
Selegie House
Siglap
Sin Ming
Spottiswoode Park
St George's Road
St Michael's
Stamford
Teck Whye
Telok Blangah
Temple
Tiong Bahru
Tanjong Rhu/Mountbatten
Thomson Road
Toa Payoh
Upper Aljunied
Upper Changi
Upper Pickering Street
Victoria Street/Rochor Road
Waterloo Centre
Winstedt Court
Woodlands
York Hill
55
New Applications to Rent and to Purchase Flats
56
Sites Gazetted for Compulsory Acquisition in 1979/80
57
Hawker Centres and Markets under Management as at 31 March 1980
No.
Hawker centre/Market Location of stalls
Total 15,598
No.
Estate Location of pitches
Total 535
59
Key Resettlement Statistics
60
Resettlement Schemes in 1979/80
Number of
resettlement cases
Site cleared
New Town/Suburban
Perseverance Estate . . 2,122
Potong Pasir 1,612
Defu/Paya Lebar Industrial Estate 1,561
Hougang New Town 1,531
Geylang East/MacPherson South 1,257
Bishan . 985
Paya Lebar Road development. . 597
Upper Aljunied Estate. 420
Woodlands New Town . 347
Bukit Purmei 267
Bukit Batok New Town . 255
Yishun New Town 223
Tampines Fish Farm . . . 183
Changj/Joo Chiat market site. . . 163
Ulu Pandan industrial site 127
Upper Changi Estate extension. . 85
Kampong Silat 60
Other sites . . . 305
12,100
Central Area
Site at Kerbau Road/Rotan Lane 370
Site at Cross Street/Mohamed Ali Lane. 140
Site at Chitty Road/Rowell Court 69
Site at Ellenborough Road . 55
Site at Holloway Lane . . . . 27
Site at French Road/Horne Road 20
681
ROADWORKS . 2,163
Number of
resettlement cases
Site cleared
62
Number of
resettlement cases
Site cleared
Total 18,052
63
Typical 1-Room Improved Flat
BREAKDOWN COST
Type of work Contract price per flat
Building $ 5,967
Sanitary 1,150
Electrical 350
Lifts 361
Roofing 129
TV antenna 40
Public Utilities Board connections 150
Internal floor area 33 sq m Earthworks 233
Circulation floor area 18 sq m Piling 2,423
Covered floor area 51 sq m Sewers 349
Roads, carparks, culverts and drains 696
Supervision 62
Cost per unit 11,910*
Cost per sq m of internal area 361
Cost per sq m of covered area 233
*This does not include land cost.
Rental (new town) $ 26 per month
Rental (urban area) 33 per month
Service and conservancy charge 14 per month
Selling price (new town) $3,800
Selling price (suburban) 3,800
64
Typical 2-Room Improved Flat
BREAKDOWN COST
Type of work Contract price per flat
Building $ 8,027
Sanitary 1,277
Electrical 400
Lifts 542
Roofing 193
TV antenna 44
Public Utilities Board connections 150
Earthworks 309
Piling 3,204
Internal floor area 45 sq m Sewers 461
Circulation floor area 20 sq m Roads, carparks, culverts and drains 920
Covered floor area 65 sq m Supervision 82
Cost per unit 15,609*
Cost per sq m of internal area 347
Cost per sq m of covered area 240
*This does not include land cost.
Rental (new town) $50 per month
Rental (suburban area) 61 per month
Rental (urban area) 75 per month
Service and conservancy charge 17 per month
Selling price (new town) $ 9,200
Selling price (suburban) 11,000
Selling price (urban) 12,700
65
Typical 3-Room Improved Flat
SCALE 1:100
BREAKDOWN COST
Type of work Contract price per flat
Building $11,196
Sanitary 1,305
Electrical 493
Lifts 630
Roofing 313
TV antenna 48
Public Utilities Board connections 240
Earthworks 490
Piling 3,741
Sewers 626
Internal floor area 60 sq m Roads, carparks, culverts and drains 1,214
Circulation floor area 13 sq m Supervision 161
Covered floor area 73 sq m Cost per unit 20,457*
Cost per sq m of internal area 341
Cost per sq m of covered area 280
*This does not include land cost.
Rental (new town) $ 82.50 per month
Rental (suburban area) 82.50 per month
Rental (urban area) 121.00 per month
Service and conservancy charge 20.00 per month
Selling price (new town) $13,600
Selling price (suburban) 15,600
Selling price (urban) 20,200
66
Typical 3-Room New Flat
BREAKDOWN COST
Type of work Contract price per flat
Building $12,805
Sanitary 1,421
Electrical 524
Lifts 650
Roofing 453
TV antenna 48
Public Utilities Board connections 240
Earthworks 677
Piling 4,268
Internal floor area 69 sq m Sewers 1,012
Circulation floor area 20 sq m Roads, carparks, culverts and drains 1,532
Covered floor area 89 sq m Supervision 170
Cost per unit 23,800*
Cost per sq m of internal area 345
Cost per sq m of covered area 267
*This does not include land cost.
Rental (new town) $110 per month
Rental (suburban area) 110 per month
Service and conservancy charge 20 per month
Selling price (new town) $18,200
Selling price (suburban) 20,200
Selling price (urban) 22,500
67
Typical 4-Room New Flat
BREAKDOWN COST
Type of work Contract price per flat
Building $17,075
Sanitary 1,529
Electrical 618
Lifts 945
Roofing 485
TV antenna 53
Public Utilities Board connections 240
Earthworks 870
Piling 5,180
Sewers 1,045
Internal floor area 97 sq m Roads, carparks, culverts and drains 1,577
Circulation floor area 16 sq m Supervision 200
Covered floor area 113 sq m Cost per unit 29,817*
Cost per sq m of internal area 307
Cost per sq m of covered area 263
*This does not include land cost.
Rental (new town) $165 per month
Rental (suburban area) 165 per month
Service and conservancy charge 25 per month
Selling price (new town) $27,100
Selling price (suburban) 30,500
Selling price (urban) 35,700
68
Typical 4-Room New Flat
BREAKDOWN COST
Type of work Contract price per flat
Building $17,356
Sanitary 1,850
Electrical 618
Lifts 1,050
Roofing 500
TV antenna 53
Public Utilities Board connections 240
Earthworks 930
Piling 5,380
Sewers 1,077
Internal floor area 100 sq m Roads, carparks, culverts and drains 1,626
Circulation floor area 17sq m Supervision 220
Covered floor area 117 sq m Cost per unit 30,900*
Cost per sq m of internal area 309
Cost per sq m of covered area 264
*This does not include land cost.
Rental (new town) $165 per month
Rental (suburban area) 165 per month
Service and conservancy charge 25 per month
Selling price (new town) $27,100
Selling price (suburban) 30,500
Selling price (urban) 35,700
69
Typical 5-Room Improved Flat
BREAKDOWN COST
Type of work Contract price per flat
Building $21,680
Sanitary 1,858
Electrical 770
Lifts 1,300
Internal floor area 127 sq m Roofing 625
Circulation floor area 17 sq m TV antenna 58
Covered floor area 144 sq m Public Utilities Board connections 240
Earthworks 1,474
Piling 8,078
Sewers 1,348
Roads, carparks, culverts and drains 3,604
Supervision 265
Cost per unit 41,300*
Cost per sq m of internal area 325
Cost per sq m of covered area 287
*This does not include land cost.
Service and conservancy charge $30 per month
Selling price (new town) $40,300
Selling price (suburban) 46,600
Selling price (urban) 52,900
70
Typical 5-Room Improved Flat
BREAKDOWN COST
Type of work Contract price per flat
Building $23,263
Sanitary 1,950
Electrical 850
Lifts 1,740
Internal floor area 127 sq m Roofing 887
Circulation floor area 22 sq m TV antenna 58
Covered floor area 149 sq m Public Utilities Board connections 240
Earthworks 1,529
Piling 8,437
Sewers 1,336
Roads, carparks, culverts and drains 4,057
Supervision 453
Cost per unit 44,800*
Cost per sq m of internal area 353
Cost per sq m of covered area 301
*This does not include land cost.
Service and conservancy charge $30 per month
Selling price (new town) $40,300
Selling price (suburban) 46,600
Selling price (urban) 52,900
71
Other Typical Floor Plans
72
5-Room Improved Flat
73
Report on the Audit of the Accounts
of the Housing & Development Board for the year ended 31 March, 1980
1 The accounts of the Housing and Development Board have been examined under my
direction and in accordance with the provisions of the Housing and Development Act (Chapter 271).
1 have obtained all the information and explanations I have required.
Parking Fees
2 The Board has all along treated parking fees collected from its car parks as its own income.
However, the Parking Places Act, 1974, requires such fees to be paid into the funds of the Urban Re-
development Authority. This non-compliance with the law was reported to the Ministry of National
Development in 1976. As the intention was for the Board to retain such income, steps are being
taken by the Ministry to regularise the matter.
Audit Opinion
7 Subject to the above observations, in my opinion:
a the Board's accounts present information fairly in accordance with the stated
accounting policies (which are the same as in previous years) of the Board as set out in
Note 1 on the accounts;
b proper accounting and other records have been kept; and
c the other receipt, expenditure, and investment of moneys and acquisition and
disposal of assets by the Board during the year have been in accordance with the pro-
visions of the Act.
74
8 However, I have reservation on the accounting policies of the Board. The Board prepares
its accounts in accordance with the accounting policies stated in Note 1 on the accounts. These
policies reflect practices that have evolved since its inception. The major activities of the Board have
changed over a period of time. From the building of flats for rent, it has moved into the sales of flats
and leasing of land and the proceeds from such sales and leases which amounted to only $8,068,600
for the year ended 31 December 1964 has increased to $539,513,061 for the year under review. These
proceeds as well as interest on fixed deposits and net income from subsidiary activities have all along
been shown in the Board's Balance Sheets in the manner disclosed in Note 1 on the accounts, but not
in its Income and Expenditure Account. I feel that in view of the changes in the Board's major
activities, income from these sources should be shown in the Board's Income and Expenditure
Account in order to reflect the results of the entire operations of the Board.
5 September, 1980
75
Capital
76
Michael Fam Fong Kok Woh
Chairman Chief Financial Officer
11
Capital
78
Revenue
80
Michael Fam Fong Kok Woh
Chairman Chief Financial Officer
81
Revenue
Income and Expenditure Account for the Financial Year ended 31 March 1980
82
Notes to the 1979/80 Accounts
1 Accounting Policies
(a) Presentation of accounts
The accounts are prepared on the "Double Account" system, one for Capital and one for
Revenue, with the following modifications, as in previous years:—
(iii) Depreciation
Under the "Double Account" System, depreciation on fixed assets need not be pro-
vided, but loan charges are charged to the income and expenditure account.
However, depreciation is provided annually on the following assets which are not
financed from loans —
Mandai Quarry:
Plants and Machinery - at a fixed rate per tonne of 20 mm granite pro-
duced, based on the estimated production over
the estimated life of the assets.
Land and Development - at a fixed rate based on the estimated granite
reserve.
Brick Manufacturing Factory - at fixed rates per brick manufactured, based on
the expected production over the estimated life
of the relevant assets.
Pile Manufacturing Plant - at a fixed rate per foot-ton of pile produced (no
provision for depreciation for 1979/80 as there
was no production since 1977/78).
Metal Formwork Workshop:
Equipment - on a straight line method over 10 years.
Metal Forms - at a fixed rate over the number of times the
metal forms are used.
Tile Manufacturing Factory:
Land and Buildings - on a straight line method over 60 years although
the land is on a 999-year lease commencing
from 12 October 1885.
Plant and Machinery - o n a straight line method over 2 years and 5
years for old items and new items respectively.
Plant and Machinery - a t 15% per annum on the reducing balance
(Queenstown Workshop) until their estimated residual value.
(b) Stock of building materials and spares
Stocks of building materials and spares are stated at cost on the first-in-first-out basis or at
production cost.
84
(c) Surpluses from quarries, factoris, etc
Surpluses from operation of granite and sand quarries, brick manufacturing factory, pile
manufacturing plant, metal formwork workshop and tile manufacturing factory are not
credited to the income and expenditure account but are transferred direct to the respective
accounts in the Capital Balance Sheet for the replacement of plant and machinery and for
other capital operations.
2 Capital Reserve
*Actual Workmen's Compensation paid for the Financial Year 1979/80 amounted to
$639,556. The amount of $301,533 has to be charged to Capital Reserve because the
Workmen's Safety and Compensation Fund which is being wound up, had only a balance
of $338,023 to meet such payments.
3 Construction Fire Fund
The fund is to meet the cost of any damage by fire to Board's property in the course of con-
struction, including materials on site and other subsidiary fittings and installations.
Contributions are made from project votes based on a percentage of the tender sum of all
building contracts awarded.
85
4 Quarry Plant
(a) Provision and Surplus
(c) Operations
86
5 Brick Manufacturing Factory
(a) Provision and Surplus
(b) Assets
(c) Operations
87
(b) Assets
(c) Operations
(b) Assets
(c) Operations
88
(b) Assets
(c) Operations
9 Prefabrication Factory
The factory was acquired in 1977 from capital funds. Pending the re-siting and operation of
the factory, all expenditure incurred was debited to the assets account and no depreciation was
provided.
(a) Provision
(b) Assets
(c) Operations
89
11 Sand Quarry
(a) Surplus
(b) Operations
12 Loans Redeemed
Loans redeemed represent accumulated principal repayments charged to the income and
expenditure account.
14 Mortgage Loans
Mortgage loans of up to 80% of the selling price of flats, plus stamp fees, are granted to pur-
chasers of HDB flats under the Home Ownership for the People Scheme. Such loans are
repayable over 5, 10, 15 or 20 years with interest at 6¼% per annum. Interest is computed on
the calendar year basis.
90
15 Stock of Building Materials and Spares
16 General Fund
Premiums on leases and interest on fixed deposits are credited to this fund which is used to
finance various capital operations and staff loans. No interest on fixed deposit was credited to
this fund in 1979/80.
17 Industrial Sites
18 Holiday Bungalows
91
19 HDB Club House
21 Advances to Staff
(a) Funds
(b) Advances
Interest on vehicle loans was credited direct to income and expenditure account. Balance out-
standing for purchase of HDB flats was transferred to Home Ownership Scheme.
92
22 Repairs, Renewals and Redecoration Fund
Annual contribution to this fund is made from income and expenditure account under Section
59 (3) (b) (vi) of the Housing and Development Act.
93
26 Property Tax, etc
The Board pays property tax on its rental properties and land based on actual rents collected.
The rates for 1979 were 33%, 26%, 23% and 19% for buildings and 33%, 26%, 19% and
14% for land.
The rates for 1980 were 31%, 25%, 23% and 20% for buildings and 31%, 20%, 17% and
15% for land.
About 90% of the property tax paid by the Board was at the highest rates of 33% and 31%.
Cost of hawker centres is financed from 7¾ % loans repayable over 60 years. The loan charges
consist of interest and principal repayments. The principal repayments are charged to the
operations account in lieu of depreciation.
The loan charges are credited to miscellaneous income in the income and expenditure account,
therefore the overall revenue deficit of the Board is not affected.
94
29 Carparks Operations
Cost of carparks, which comprises land cost, construction cost and resettlement cost, is
financed from 73/4 % loans repayable over 60 years. The loan charges consisting of interest and
principal repayments of these loans are charged to the Carparks Operations Account. The
principal repayments are charged to the operation account in lieu of depreciation.
To arrive at the cost of the carparks, the cost of multi-storey carparks is based on actual cost
and the cost of surface carparks is based on estimates.
The basis of estimating the cost for surface carparks is as follows —
Land cost is computed on the average cost of selected carparks.
Construction cost is computed on a flat average of selected tender price over ten years.
Resettlement cost is computed on the percentage of all resettlement expenditure over all
land acquisition cost.
Commencing from this year all surface carparks are taken into account to compute the loan
charges, hence the big increase in loan charges.
The loan charges are credited to income and expenditure account, therefore, the overall reve-
nue deficit of the Board is not affected.
30 Miscellaneous Income
The following amounts are included in this income head —
95
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