Central Provident Fund

1 INTRODUCTION The Singapore public housing policy since its establishment has proved to provide shelter for the population and has contributed significantly to the economic, social and political development of Singapore. This policy has been the benchmark for the best public housing by other countries notably China and Hong Kong (Yang, 2010; Wong, 2011). The public housing policy implementation has been spearheaded by Housing and Development Board (HDB) to tackle post war economic problems such

Discussing the objectives of pension policy is important since these goals play a major role in determining the nature of old age income security, which in turn has implications for the elderly, and arguably, society as a whole. Hills (2015) focuses on the redistributive objectives of the welfare state and pensions. By collecting contributions from affluent groups in society, pension systems can aim to alleviate poverty by vertically redistributing income and wealth to the poorer pensioners (Hinrichs

1) Sentosa Cove Bungalow Sale realises 23.8 million The sale of a bungalow in the prestigious Sentosa Cove recently realized 23.8 million Singapore dollars, around 2,775 Singapore dollars psf on the 8,576 sq. ft. land area. The bungalow stands in Lakeshore View, facing the Serapong Golf Course and it overlooks the ocean. The per square foot price for this bungalow is the highest achieved since the sales of two properties in the same road one in May 2013 at 2,952 Singapore dollars per square foot

Introduction Singapore is one of the most densely populated countries in the world. Housing development in Singapore has paid efforts on providing an environment conducive to community living (population.sg), integrating the population (migrationpolicy.org), preserving the traditional Asian family structure, and encouraging upward social mobility (migrationpolicy.org). As the population grows, rising expectations from residents are creating new challenges for housing planning and provision (tcdc2

In 2014, the Singapore news released a statement regarding the pioneer generation package in line with Singapore turning 50 in 2015. Prime Minister Lee Hsien Loong announced that about 450,000 seniors from the Pioneer Generation will receive a Pioneer Generation Package (PGP) focused on healthcare. This Package will ensure lifelong benefits that cover different types of healthcare needs and also other extra subsidies. The purpose of this paper is to provide insights to the advantages and disadvantages

so. Generally, EP (Employment Pass) is a kind of pass usually issued to professional employees, foreign directors, and managers who are planning to work in Singapore. Likewise, an Employment Pass holder is not qualified for a levy or CPF (Central Provident Fund), and the pass being issued is only valid for 1-2 years and should be renewed after. One of the many benefits of acquiring this is it allows the applicant to work, stay, and travel in Singapore without the need to apply for a VISA just to

Definition of Project: The proposed plan and scheduled implementations of Housing Development Board (HDB), Singapore’s is the response to, “extreme pressure to change, driven by increasing customer expectations and public scrutiny. The government agency will become much more customer-focused, more efficient, and innovative in meeting the ever changing needs of the population it serves,” (Jick & Peiperl, 2011). HDB, Singapore understands “change is inevitable” (Calland & Keith, 2015). This acknowledgment

It is no secret that HDB housing is a popular choice in Singapore, making up 80 percent of all housing with 80 percent of those residents owning their own homes, according to the Housing and Development Board’s website. Property websites such as Property Guru list thousands of HDB flats available for both sale and rent throughout Singapore. Clearly there is a lot of choice and availability for HDB flats. But it is also clear that before making a decision on a flat, you should consider all of the

1.0 Introduction Sim Lian Group Limited is one of Singapore’s most established property development and Construction Company, backed by an outstanding track record in construction that spans for more than 3 decades. The Group’s evolution into an established player in Singapore’s property market began with its mission of “Creating space, creating homes”. These are the starting points for Sim Lian’s architectural designs, which seek to provide modern living, creating a luxurious field of space and

Case 1 (Under Workmen’s Compensation Act) United India Insurance Co. Ltd. vs Alphonsa on 23 March, 1988 Summary The case is regarding the Workmen’s Compensation Act. The case goes like this, the workman had died due to chest pain while he was driving the vehicle that is the death was while he was in employment. And therefore the compensation to be given was fixed as RS.23100. But the Counsel said that the workman had died not because of the injury sustained in an accident, but it happened while