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Singapore Plans to Build 80,000 New Homes in the Next Decade
Singapore Plans to Build 80,000 New Homes in the Next Decade

Bloomberg

time10 hours ago

  • Business
  • Bloomberg

Singapore Plans to Build 80,000 New Homes in the Next Decade

Singapore is planning to build at least 80,000 public and private homes over the next 10 to 15 years, as part of the government's latest effort to meet rising demand for affordable housing. The houses will be developed in new precincts across the city-state, with close proximity to public transport and workplaces, the Urban Redevelopment Authority said in a statement on Wednesday. The government aims to have 80% of its households live within a 10-minute walk from a train station by 2030, it said.

Hong Kong construction sector urged to rehire workers from troubled contractor
Hong Kong construction sector urged to rehire workers from troubled contractor

South China Morning Post

time23-05-2025

  • Business
  • South China Morning Post

Hong Kong construction sector urged to rehire workers from troubled contractor

Hong Kong industry leaders have called on new contractors to rehire workers and subcontractors from a local construction company that will lose its operating licence, to minimise delays in building 7,100 public homes. One construction sector leader also warned against a loophole that permits companies to re-register simply by changing the authorised person. Chau Sze-kit, chairman of the Hong Kong Construction Industry Employees General Union, said on Friday that the best option for completing the construction of public flats on time was to rehire workers from soon-to-be-banned contractor Aggressive Construction Company. 'I suggest that [new contractors] retain the original subcontractors, as they face pressure to finish building the public flats for residents,' Chau told a radio show. The Development Bureau said on Thursday that Aggressive Construction Company would be removed from the government's registered list of contractors on June 20, following five fatalities in three accidents. One incident involved a 2022 crane tower collapsing and killing three workers on site.

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