Renting on open market is too expensive: Families awaiting BTO flats say $300 rental voucher inadequate

'Renting on open market is too expensive': Families awaiting BTO flats say $300 rental voucher inadequate Buyers awaiting their BTO units said they would continue to apply for a flat under the Parenthood Provisional Housing Scheme.SINGAPORE - After failing to secure an interim rental flat under the Parenthood Provisional Housing Scheme (PPHS), an assistant manager who wanted to be known only as Ms Peh resigned herself to renting a three-room flat in Ang Mo Kio for $2,900 a month in 2022.

The 34-year-old, who works in healthcare, said she was disappointed when she learnt that rental vouchers under the PPHS for flats or bedrooms on the open market were fixed at $300 a month.during a parliamentary debate on his ministry’s budget. The voucher scheme will run from July 2024 to June 2025, allowing eligible families waiting for their Build-To-Order (BTO) units to offset rent for a Housing Board flat or bedroom on the open marke

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Singapore's Tourism Industry to Receive $300 Million BoostSingapore’s tourism industry will receive a $300 million boost as part of a plan to grow the local economy and reinforce its global business hub status. The injection to the country’s tourism development fund, announced by Minister of State for Trade and Industry Alvin Tan in Parliament on March 1, will help to develop and market new products and experiences and support local businesses in developing new intellectual properties. It will also go towards rejuvenating existing tourism offerings, upskilling tourism workers and helping local tourism companies become more productive and innovative, he added.
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