Beginning on 1 April 2017, all town councils have to set aside a minimum of 14 percent of their Service and Conservancy Charges (S&CC) collections and government grants for lift replacement.
This was announced by the Ministry of National Development (MND) on Monday that all Town Councils will have to set up dedicated Lift Replacement Funds (LRF), to be supplied from their Sinking Funds and ring-fenced for future lift replacements.
The additional collections will be on top of their regular contributions, a minimum of 26 percent of collection from the S&CC, to the general sinking fund.
MND will increase the S&CC operating grants it now gives to the Town Councils to help cover their costs, and also provide additional grants to match part of the Town Councils’ contributions to their LRF. Details of the MND assistance measures will be released separately, it said
Last year, the Housing and Development Board (HDB) announced a $450 million Lift Enhancement Program (LEP) to help fund the costs of modernising older lifts in public housing estates. All town councils will also have to set up dedicated LRFs.
“While the various forms of Government support will go some way in helping the Town Councils meet their long-term expenditure needs, all Town Councils must also do their part,” the ministry said.
In December the People’s Action Party (PAP) has announced that all 15 town councils under its charge will allocate $45 million over the next five years to improve the safety and reliability of lifts. The Workers’ Party-run Aljunied-Hougang Town Council (AHTC) has also announced on the same day, AHTC expects to spend $17.5 million to replace selected lifts over the next five years, ahead of those lifts’ usual 28-year lifespan under HDB guidelines.
John Tan, the Vice-Chairman of Singapore Democratic Party had earlier written an open letter last week to the Minister for National Development Lawrence Wong, asking about the banning of Sigma Elevator, a lift manufacturer in October 2015. Mr Tan lodged the question because even after a spate of serious lift malfunctions that resulted in severe injuries and even one death, Minister for National Development Lawrence Wong did not disclose this fact when asked about lift breakdowns in the Parliament.

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments
You May Also Like

金管局报告指失业率维持2.1巴仙 惟未揭露就业不足数据

根据新加坡金融管理局日前发布的经济师调查报告(Survey of Professional Forecasters),年终的失业率相比九月份的指数保持不变,维持在2.1巴仙。 报告也预测今年全年经济增长为3.3%,稍微高于三个月前所预测的3.2%。但对明年经济增长预测叫不乐观,为2.6巴仙,低于今年。 金管局预计今年我国经济增长介于3.0至3.4巴仙,与前期报告没有变化。 不过,预计今年全年的消费者物价指数(CPI)通货膨胀,以及金管局的核心通膨指数,将分别达到0.5巴仙和1.7巴仙。 至于明年的CPI通货膨胀率预计提升至1.3巴仙,金管局核心通膨指数则预计1.8巴仙。 金管局称,大部分受访经济师认为贸易减缓,使得新加坡成长前景有上行空间。但所有受访者都认同,贸易保护主义仍是我国经济最大下行风险,高于之前的89巴仙,将之列为首要担忧。 他们也表示另一下行风险,是“美国加息速度快于预期”,恐引发金融市场动荡。 如美国利率上升,新加坡的利率也将同步上升,对于许多靠借贷买房产的国人来说,形成压力。 未报告就业不足情况…

【冠状病毒19】8月24日新增51例确诊 七例入境病例

根据卫生部文告,截至本月24日中午12时,本地新增51例冠病19确诊,七例入境病例。 一例社区病例,是本国公民。 本地累计确诊已增至5万6404例。 七例入境病例在入境我国后履行居家通知,当局仍在收集病例详情,并将在晚间公布。

Attorney General Wong used to work closely with CEO Liew on CapitaLand’s board for more than 5 yrs

In a press release issued on Sunday (6 Sep), the Attorney-General’s Chambers…

Kindergarten teachers from PCF, have students bow to portrait of Lee Kuan Yew as sign of respect

A video posted on Facebook supposedly shows teachers at a kindergarten giving…