CONSTRUCTION AND REAL ESTATE

11

CONSTRUCTION AND REAL ESTATE

Construction and Real Estate Building construction refers to the erection of new buildings and additions/alterations to existing buildings, but excludes the erection of temporary structures, illegal building works or minor works which do not require planning approval. Data on new buildings given written permission and building plan approval, notice of commencement submitted and Temporary Occupation Permits (TOP)s issued are compiled from the administrative records of the Development Control Division, Urban Redevelopment Authority (URA) and Building Plan and Management Division and Building Engineering Division of Building and Construction Authority (BCA). Data on notices of tender invitation and completion of public buildings are collected through surveys conducted by the Property Research Section, URA. Statistics on contracts awarded and progress payments certified are collected through surveys conducted by the Economics Research Department of BCA. Definitions Provisional Permission: Refers to the conditional approval granted by the Minister for National Development or the Competent Authority to develop any land subject to conditions in accordance with the development rules in force. Written Permission: Refers to the approval granted by the Minister for National Development or the Competent Authority to develop any land subject to conditions in accordance with the development rules in force. Building Plan Approval (Private Sector Only): Refers to the approval granted by the Commissioner of Building Control in respect of building plans and specifications submitted in accordance with the prescribed building regulations in force.

Building Commencement: Construction of a building project is deemed to have commenced when a permit to commence building works in respect of that building is issued by the Commissioner of Building Control. In the case of a public sector project for which this permit is not required, the construction of the building project is deemed to have commenced when the first tender is invited. Where the contractor is selected by prequalification or close tender, the date on which the contract is awarded is used. Completed Properties: A building project is deemed completed when the Temporary Occupation Permit (TOP) or Certificate of Statutory Completion (CSC) in respect of that building is issued by the Commissioner of Building Control. Public sector projects are considered completed when the certificate of completion is issued by the architect or engineer in charge of the project. Completed properties are referred to as the existing stock. Gross Floor Area: Refers to the covered floor space (whether within or outside a building and whether or not enclosed) measured between party walls including thickness of external walls and any open area used for commercial purposes. Nett Floor Area: Refers to all the covered floor space in a building excluding common areas such as staircases, lifts, passageways, corridors, toilets etc. Contracts Awarded: Refers to the full contract awarded to the main contractor by the developer/owner even though part or all the works may be further sub-contracted to other contractors. Progress Payment Certified: Refers to the value of all construction works done and certified for progress payment. Where construction works are carried out by the developer/owner himself and the architect does not certify progress payments, the expenses

11

CONSTRUCTION AND REAL ESTATE (contd)

incurred on the construction work are taken to be the progress payments certified. Other References More details of construction and real estate statistics may be obtained from the Property Market Information: Private Residential Properties, Property Market Information: Industrial Properties and Property Market Information: Details of Projects Under Development published by the Urban Redevelopment Authority Singapore. Housing The Housing and Development Board (HDB) was established on 1 February 1960 as the public housing authority of Singapore. HDBs mission is to provide affordable homes of quality and value, create vibrant and sustainable towns, and promote the building of active and cohesive communities. HDB also develops and maintains other facilities, namely commercial and industrial properties, and car parks. To help build sustainable communities, HDB plans towns with a comprehensive range of facilities to meet the residents needs. HDB also provides recreational and community facilities such as neighbourhood parks and childrens playgrounds in its housing estates. In 2010, 10,161 flats were completed, bringing the total number of flats built since HDBs inception to 1,007,229. Currently, about 82 per cent of the resident population lives in HDB flats. In October 1994, HDB implemented the CPF Housing Grant Scheme to strengthen family ties by giving a housing grant to firsttimer citizen families to buy a resale flat that is in the same town/estate or within 2 km of their parents flat. A two-tier grant system was subsequently implemented in August 1995. The higher-tier grant is applicable to firsttimer families who buy resale flats to live together with or near their parents while the lower-tier grant is applicable to first-timer families who buy any resale flat. The scheme

was extended to the purchase of Executive Condominiums in August 1995 and to single citizens in June 1998 to help them buy resale flats. In April 2008, the higher-tier Singles Grant was introduced for single citizens to buy resale flats to live with their parents for mutual care and support. The Home Ownership for the People Scheme, introduced in 1964, enables citizens to acquire long-term asset through the purchase of HDB flats. In 2010, 6,299 flats were sold under this Scheme. Currently, about 79 per cent of the resident population owns the HDB flats they live in. HDB offers a number of schemes to help low-income families own HDB flats. These include the sale of flats to rental tenants, and the rent and purchase of 3-room flats. HDB also started offering smaller flat types, which are the new 2- and 3-room flats under the Build-To-Order system in July 2006 and August 2004 respectively. Such flats, if offered in non-mature estates, will be available for sale to eligible applicants with monthly household income of not more than $2,000 and $3,000 respectively. Additional assistance is provided to lower-income households in buying their first flats via the Additional CPF Housing Grant (AHG) Scheme implemented in March 2006. The Scheme was enhanced in August 2007 and February 2009 to provide greater assistance to lower-income families. Under the Scheme, eligible first-timer households buying a new or resale flat will be given an AHG ranging from $5,000 to $40,000 on top of the existing housing subsidy. At least one of the applicants must have worked for 12 continuous months at the point of application. This condition helps to ascertain that the applicants are employable and have the means to service the housing loan, as a home purchase is a long-term financial commitment. To bridge the gap between the standards of the older estates and those of the newer towns, the Estate Renewal Strategy was

11

CONSTRUCTION AND REAL ESTATE (contd)

introduced in September 1995. Initiatives like the Main Upgrading Programme (MUP), Lift Upgrading Programme (LUP), Interim Upgrading Programme (IUP) Plus, Selective En bloc Redevelopment Scheme (SERS) and Home Improvement Programme (HIP), and Neighbourhood Renewal Programme (NRP) etc are all part of the Estate Renewal Strategy. The HIP and NRP were introduced in 2007 together with the launch of the Remaking our Heartland (ROH) Plans. Both seek to engage the residents more by offering greater flexibility in the provision of upgrading items, as well as greater resident consultation in the types of improvement within and outside their flats. With the introduction of the HIP and NRP, older upgrading programmes like MUP and IUP Plus will be gradually phased out. As at end of 2010, a total of 137 precincts, involving about 136,700 flats had been selected for the MUP. Under the MUP, improvements are made to the flat, the apartment block and the precinct. At the end of 2010, upgrading works at 120 precincts under the Steady State Phase of this programme had been completed, and works for the final 4 precincts are in progress. The LUP was launched in March 2001 to provide residents with speedier and more convenient access to their HDB homes by having lifts that stop at every floor. As at end of 2010, 381 precincts were announced under LUP and 159 precincts had been completed. The LUP for eligible blocks is targeted for completion by 2014. With effect from May 2002, the IUP was combined with the LUP under a new programme called IUP Plus. The IUP Plus aims to bring the benefits of both interim and lift upgrading earlier to the residents. As at end of 2010, 84 precincts had been announced under the IUP Plus and 66 precincts had been completed. The HIP caters to residents who need upgrading to the interior of their flats without

the inconvenience of a major precinct makeover. It helps lessees address common maintenance problems in ageing flats in a systematic and comprehensive manner. If lessees have already made certain basic improvements themselves, they have the flexibility of opting and paying only for the items they want. The Government will subsidise a major portion of the cost for the optional improvements. Essential improvements such as repairs to spalling concrete will also be carried out to enhance public health and safety. Citizen households do not have to pay for these improvements which will be fully funded by the Government. As at end of 2010, 33 precincts had been announced for HIP, of which 20 had been polled. Among the polled precincts, construction for 6 precincts had been completed, and is about to commence or in progress for the remaining 14 precincts. The NRP focuses on precinct- and block-level improvements. As two or more precincts are involved in each NRP project, improvements can be done more comprehensively, with better coordination and integration of facilities that are complementary across neighbouring precincts. This means that there will be less duplication of facilities to meet the different needs of the residents. The NRP, whose key characteristic is greater say for residents, will be fully funded by the Government. It will engage residents by involving them in the decision-making process on matters affecting their immediate neighbourhood. Residents will be invited to participate actively by giving feedback and deciding collectively on the facilities for their neighbourhood at public forums such as Town Hall meetings. As at end of 2010, 39 projects had been announced for NRP. Public Consultation had been carried out for 25 projects, of which 18 had gone through the Consensus Gathering

11

CONSTRUCTION AND REAL ESTATE (contd)

Exercise. In addition, construction works have commenced in 2010 for 7 projects. The Selective En bloc Redevelopment Scheme (SERS) was launched in August 1995. Under the scheme, selected old blocks of sold flats are redeveloped en bloc to optimise land use. The flat lessees involved would be offered new flats at a nearby site. SERS therefore enables residents in the old estates to upgrade to new and better flats within the same neighbourhood and preserves the strong community ties built over the years at the same time. It also attracts young families to move in to live in the rejuvenated mature estates. As at end of 2010, 73 precincts had been announced for redevelopment under SERS. Since 1993, HDB had carried out improvement works at 53 blocks of 1-room rental flats (comprising some 15,800 units) in 11 batches under the Lift Improvement and Facilities Enhancement for the Elderly (LIFE) project. HDB had also launched the Studio Apartments (SA) in 1998, which are customised for the elderly. The SAs are specially designed and equipped with elderlyfriendly and safety features to facilitate mobility. To-date, there are 12 completed SA projects, with another 13 currently

under/commencing construction. SAs are currently offered for sale, along with other flat types, in HDBs Build-To-Order (BTO) projects. The smaller 2- and 3-room flats will also cater to the demand of owners of bigger flats (including elderly lessees) who want to monetise their existing bigger flats and move to a smaller flat. Between 1989 and 2010, HDB sold 103 land parcels (246 hectares) for private residential development and 40 land parcels (39 hectares) for commercial development. A total of 31 Executive Condominium sites (66 hectares) were sold during this period. The Design, Build & Sell Scheme (DBSS) was introduced in March 2005 as one of the initiatives to make public housing more responsive to the needs and aspirations of Singaporeans. The scheme brings about greater innovation in building design and flat type for flat buyers. Under this scheme, the private sector undertakes the entire public housing development process, from tendering of the land, to designing, building and selling of the flats, while preserving the character of public housing and ensuring building quality and safety. At the end of 2010, ten DBSS sites (20 hectares) had been sold.

Yearbook of Statistics Singapore, 2011

11.1

AVAILABLE AND VACANT PRIVATE RESIDENTIAL PROPERTIES (End of Period)

Number of Units

Type of Property All Types Available Vacant Detached Houses Available Vacant Semi-Detached Houses Available Vacant Terrace Houses Available Vacant Apartments Available Vacant Condominium Units Available Vacant

2000

2005

2006

2007

2008

2009

2010

193,028 13,341

229,356 19,276

233,364 14,257

234,812 13,134

241,204 14,623

249,489 12,388

258,243 12,883

10,004 495

9,894 554

9,883 520

9,830 502

9,975 488

10,269 495

10,350 450

20,139 704

20,785 1,019

20,783 978

20,796 929

20,930 680

21,128 637

21,185 604

35,884 1,667

37,267 1,902

37,744 1,912

37,834 1,710

37,856 1,240

38,101 1,343

38,208 1,240

56,429 4,188

60,431 5,464

60,663 4,326

59,242 4,111

60,593 5,570

64,513 4,569

66,638 4,052

70,572 6,287

100,979 10,337

104,291 6,521

107,110 5,882

111,850 6,645

115,478 5,344

121,862 6,537

Source : Urban Redevelopment Authority Note : Data exclude hostels, HDB flats, tenement houses, parsonages and Executive Condominiums.

Yearbook of Statistics Singapore, 2011

11.2

SUPPLY OF PRIVATE RESIDENTIAL PROPERTIES IN THE PIPELINE BY DEVELOPMENT STATUS (End of Period)
Number of Units

2000 Landed Properties Total Under Construction Planned Written Permission Provisional Permission Others 1 Non-Landed Properties Total Under Construction Planned Written Permission Provisional Permission Others 1

2005

2006

2007

2008

2009

2010

6,744 3,105 2,121 1,030 488

4,458 1,613 2,312 385 148

4,452 1,690 2,302 277 183

5,056 1,964 2,033 615 444

4,872 1,804 2,319 673 76

4,186 1,492 2,424 139 131

3,963 1,752 1,680 322 209

53,407 24,865 11,215 9,112 8,215

43,448 20,682 8,695 8,344 5,727

49,053 24,054 9,025 13,179 2,795

69,066 29,403 14,516 16,321 8,826

61,357 33,480 17,282 9,424 1,171

62,240 32,268 17,100 7,053 5,819

75,514 39,575 14,998 7,372 13,569

Source : Urban Redevelopment Authority Note : Data exclude hostels, HDB flats, tenement houses, parsonages and Executive Condominiums. 1 Planned land sales by the government and developments submitted for approval.

11.3

APPROVAL, CONSTRUCTION COMMENCEMENT AND COMPLETION OF PRIVATE RESIDENTIAL PROPERTIES

Number of Units

2000 Provisional Permission Written Permission Building Plan Approval Building Commencement Building Completion 18,470 14,373 8,490 8,867 10,811

2005 8,969 7,311 5,333 10,282 8,697

2006 19,531 12,753 11,863 11,295 6,520

2007 25,853 19,713 16,345 12,432 6,513

2008 20,143 18,998 13,350 14,239 10,122

2009 5,166 9,807 10,506 8,603 10,488

2010 14,939 14,502 16,892 17,864 10,399

Source : Urban Redevelopment Authority Note : Data exclude hostels, HDB flats, tenement houses, parsonages and Executive Condominiums.

Yearbook of Statistics Singapore, 2011

11.4

AVAILABLE AND VACANT COMMERCIAL AND INDUSTRIAL PROPERTIES (End of Period)

Thousand sq m nett

2000

2005

2006

2007 Private Sector

2008

2009

2010

Office Space Available Vacant Shop Space Available Vacant Factory Space Available Vacant Warehouse Space Available Vacant

5,015 588

5,156 673

5,212 549

5,157 350

5,298 487

5,630 747

5,816 771

1,950 156

1,999 156

2,100 162

2,061 148

2,080 139

2,238 149

2,312 140

17,849 1,327

20,563 2,075

21,000 1,954

21,610 1,933

23,331 1,744

24,631 2,304

25,308 2,097

4,955 590

5,692 736

5,875 659

6,198 535 Public Sector

6,562 477

6,827 690

6,912 594

Office Space Available Vacant Shop Space Available Vacant Factory Space Available Vacant Warehouse Space Available Vacant

1,122 107

1,309 156

1,317 121

1,367 123

1,358 100

1,247 83

1,240 85

1,187 90

1,145 76

1,152 87

1,157 83

1,150 61

1,108 43

1,103 57

6,172 949

6,445 763

6,437 603

6,448 365

5,368 139

5,357 127

5,349 112

259 79

83 14

78 12

62 -

42 -

46 -

46 1

Source : Urban Redevelopment Authority

Yearbook of Statistics Singapore, 2011

11.5

SUPPLY OF COMMERCIAL AND INDUSTRIAL PROPERTIES IN THE PIPELINE BY DEVELOPMENT STATUS (Private and Public Sectors) (End of Period)
Thousand sq m gross

2000 Office Space Total Under Construction Planned Written Permission Provisional Permission 1 Others Shop Space Total Under Construction Planned Written Permission Provisional Permission 1 Others Factory Space Total Under Construction Planned Written Permission Provisional Permission 1 Others Warehouse Space Total Under Construction Planned Written Permission Provisional Permission 1 Others

2005

2006

2007

2008

2009

2010

1,355 657 99 196 403

554 281 12 128 133

753 344 93 80 236

1,683 471 115 434 663

1,450 1,138 85 163 64

1,078 857 83 123 15

1,280 653 121 288 218

315 112 68 42 93

617 277 73 58 209

647 297 116 23 211

846 483 11 62 290

730 563 54 61 52

432 294 59 71 8

505 201 71 56 177

6,814 3,105 896 680 2,133

3,027 1,550 261 107 1,109

3,280 2,014 231 207 828

4,044 2,370 461 327 886

4,139 2,977 282 460 420

2,827 2,040 277 172 338

3,439 2,052 388 233 766

607 303 83 78 143

474 284 96 77 17

922 542 40 245 95

802 699 71 29 3

834 643 62 129 -

507 375 48 84 -

685 540 91 54 -

Source : Urban Redevelopment Authority 1 Planned public developments and land sales by the government and developments submitted for approval.

Yearbook of Statistics Singapore, 2011

11.6

APPROVAL, CONSTRUCTION COMMENCEMENT AND COMPLETION OF COMMERCIAL AND INDUSTRIAL DEVELOPMENTS ( Private and Public Sectors)
Thousand sq m gross

2000 Office Space Provisional Permission Written Permission Building Plan Approval Building Commencement Building Completion Shop Space Provisional Permission Written Permission Building Plan Approval Building Commencement Building Completion Factory Space Provisional Permission Written Permission Building Plan Approval Building Commencement Building Completion Warehouse Space Provisional Permission Written Permission Building Plan Approval Building Commencement Building Completion

2005

2006

2007

2008

2009

2010

213 171 45 81 367

48 17 13 20 43

232 49 43 211 162

603 149 68 143 32

417 701 686 744 132

81 252 201 3 215

275 97 23 68 271

85 59 48 50 43

99 46 101 76 6

220 158 155 206 204

165 142 171 241 58

182 255 122 135 77

59 55 43 36 242

54 83 119 52 143

1,238 1,116 870 1,053 1,137

267 819 571 830 329

840 900 602 902 619

1,196 1,413 1,140 1,156 748

1,494 1,279 1,365 1,625 1,020

280 903 1,013 549 1,412

646 852 590 790 844

85 131 115 69 196

234 169 194 212 130

435 351 196 364 233

232 465 337 451 288

276 261 310 223 346

78 202 195 124 268

350 417 151 381 105

Source : Urban Redevelopment Authority

Yearbook of Statistics Singapore, 2011

11.7
Type of Work

CONTRACTS AWARDED BY SECTOR AND TYPE OF WORK

Million Dollars

2000

2005

2006

2007 All Sectors

2008

2009

2010

Total Building Work Residential Commercial Industrial Others Civil Engineering Work

20,163 11,395 4,750 827 3,279 2,541 8,767

11,456 9,763 3,724 1,009 3,119 1,910 1,694

16,797 14,878 5,298 2,373 5,511 1,696 1,919

24,460 21,454 7,361 5,230 6,968 1,895 3,006 Private Sector

35,684 27,066 11,074 8,456 3,741 3,796 8,618

22,518 13,499 6,734 1,650 2,040 3,075 9,019

25,715 22,711 11,114 2,820 3,986 4,792 3,004

Total Building Work Residential Commercial Industrial Others Civil Engineering Work

8,054 7,549 3,140 668 3,137 605 505

7,471 6,751 2,589 902 2,748 511 720

13,054 12,270 4,135 2,305 5,374 456 784

18,760 17,856 5,551 5,126 6,776 404 904 Public Sector

20,203 19,304 6,397 8,312 3,679 916 899

8,622 7,831 3,925 1,577 1,831 498 792

17,624 16,793 8,321 2,749 3,015 2,708 830

Total Building Work Residential Commercial Industrial Others Civil Engineering Work

12,108 3,846 1,610 159 142 1,936 8,262

3,985 3,012 1,135 107 371 1,399 973

3,742 2,608 1,163 68 136 1,240 1,135

5,700 3,597 1,810 105 192 1,491 2,102

15,481 7,762 4,677 144 62 2,880 7,720

13,896 5,668 2,809 73 209 2,577 8,228

8,091 5,918 2,792 71 970 2,084 2,174

Source : Building and Construction Authority

Yearbook of Statistics Singapore, 2011

11.8
Type of Work

PROGRESS PAYMENTS CERTIFIED BY SECTOR AND TYPE OF WORK

Million Dollars

2000

2005

2006

2007 All Sectors

2008

2009

2010

Total Building Work Residential Commercial Industrial Others Civil Engineering Work

16,146 12,600 5,161 1,587 3,151 2,702 3,546

12,221 9,135 3,240 973 2,398 2,524 3,086

12,938 9,993 3,419 1,258 3,159 2,158 2,945

17,872 14,930 4,487 2,198 6,160 2,085 2,942 Private Sector

26,217 21,480 6,873 3,923 8,125 2,559 4,737

30,894 24,796 8,119 6,044 7,765 2,869 6,097

26,979 21,061 9,312 4,487 4,503 2,760 5,917

Total Building Work Residential Commercial Industrial Others Civil Engineering Work

7,594 7,103 2,715 999 2,941 447 491

6,013 5,431 2,261 827 1,858 484 582

7,605 6,859 2,448 1,184 2,726 502 746

12,357 11,670 3,314 2,130 5,665 561 687 Public Sector

18,444 17,324 5,063 3,789 7,871 600 1,121

20,751 19,758 5,389 5,911 7,645 813 993

16,198 15,419 6,101 4,408 4,022 889 778

Total Building Work Residential Commercial Industrial Others Civil Engineering Work

8,553 5,497 2,445 588 209 2,255 3,055

6,208 3,704 979 146 540 2,040 2,504

5,334 3,134 971 74 433 1,655 2,200

5,515 3,259 1,173 68 494 1,523 2,255

7,773 4,157 1,810 134 254 1,959 3,616

10,143 5,038 2,729 133 120 2,056 5,104

10,781 5,642 3,211 79 481 1,871 5,139

Source : Building and Construction Authority

Yearbook of Statistics Singapore, 2011

11.9

PROPERTIES UNDER THE MANAGEMENT OF HOUSING AND DEVELOPMENT BOARD (End of Period)
Number

2000 Residential 1-room 2-room 3-room 4-room 5-room Executive 1 Studio Apartment HUDC 2 Commercial/Industrial Units 846,649 23,623 33,741 234,997 306,001 181,498 63,439 3,350 31,353

2005 877,546 20,143 29,351 223,309 329,141 207,633 65,151 953 1,865 29,855

2006 878,820 20,145 28,715 222,474 331,486 207,944 65,148 1,043 1,865 30,227

2007 883,448 20,161 28,796 222,693 335,355 208,270 65,069 1,239 1,865 30,118

2008 884,920 20,086 29,559 221,824 336,782 208,492 65,073 1,239 1,865 30,009

2009 888,143 20,041 29,680 220,696 339,782 209,764 65,076 1,239 1,865 30,093

2010 898,532 21,973 30,739 222,191 344,596 210,289 65,079 1,865 1,800 28,459

Source : Housing & Development Board 1 Includes multi-generation flats. 2 Data exclude other residential properties.

11.10

RESIDENTIAL UNITS CONSTRUCTED AND SOLD BY HOUSING AND DEVELOPMENT BOARD

2000 Flats Constructed (No) Flats Sold Under ' Home Ownership Scheme ' 1 (No) Percentage of Population Living in Public Flats (End of Period )
3 2

2005 5,673

2006 2,733

2007 5,063

2008 3,154

2009 6,495

2010 10,161

27,678

26,329

10,101

6,940

9,071

8,537

4,419

6,299

86

83

82

81

82

82

82

Source : Housing & Development Board 1 Flats are considered 'sold' only when keys are issued to the applicants. Data include HUDC units and exclude Studio Apartments. 2 Data refer to resident population. 3 As at 31 March of the calendar year .

Yearbook of Statistics Singapore, 2011

11.11
Town Total Ang Mo Kio Bedok Bishan Bukit Batok Bukit Merah Bukit Panjang Bukit Timah Central Area Choa Chu Kang Clementi
1 1

RESIDENTIAL UNITS UNDER THE MANAGEMENT OF HOUSING AND DEVELOPMENT BOARD, 31 DECEMBER 2010
Number

Total 898,532 48,445 59,200 19,543 31,731 50,247 29,498 2,423 12,610 39,641 24,001 30,863 48,208 22,299 69,639 35,342 7,864 27,514 19,836 31,637 18,421 44,765 21,292 62,477 35,415 58,525 47,096

1-room 21,973 1,318 2,250 396 20 4,731 2,073 182 454 1,044 334 540 4,401 416 575 169 352 1,170 1,312 236

2-room 30,739 3,493 1,825 20 5,998 1,316 474 520 3,151 405 1,390 2,469 1,350 21 201 3,010 117 240 154 256 3,613 556 160

3-room 222,191 24,553 22,361 2,359 10,277 16,236 2,620 441 4,744 1,364 12,183 11,987 9,447 7,053 12,581 13,395 3,041 164 360 16,024 644 4,547 12,314 14,931 5,455 13,110

4-room 344,596 13,210 19,741 9,199 13,850 13,928 13,980 920 3,528 19,437 7,743 9,811 23,166 7,333 27,627 9,681 1,798 10,716 7,446 7,641 7,709 20,103 10,231 27,093 9,304 26,002 23,399

5-room 210,289 5,252 10,181 5,395 4,832 9,098 9,517 682 902 13,422 2,476 3,602 9,924 5,899 20,898 4,894 1,675 9,055 10,287 3,762 7,556 19,316 3,751 16,409 5,213 19,010 7,281

Executive 65,079 483 2,712 1,660 2,732 44 3,381 380 9 4,762 625 831 4,310 1,871 6,506 502 7,460 1,126 359 2,870 4,462 2,365 5,845 853 6,190 2,741

Studio Apartments 1,800 136 130 176 212 107 143 97 266 208 156 169

HUDC 1,865 358 38 330 622 98 244 175 -

Geylang Hougang Jurong East Jurong West Kallang/Whampoa Marine Parade Pasir Ris Punggol Queenstown Sembawang Sengkang Serangoon Tampines Toa Payoh Woodlands Yishun

Source : Housing & Development Board 1 Equivalent to Town Registration Boundary. 2 Includes multi-generation flats.

Yearbook of Statistics Singapore, 2011

11.12

DEMAND, SUPPLY AND OCCUPANCY OF JTC CORPORATION STANDARD/FLATTED FACTORIES AND INDUSTRIAL LANDS

Factory Space/Industrial Land Flatted Factory Space 1 ('000 sq m) Gross Allocation Termination Net Allocation Demand Supply Occupancy Rate (%)

2000

2005

2006

2007

2008

2009

2010

147 83 64 649 761 85

48 53 -5 549 769 72

58 49 10 559 758 74

123 77 46 605 754 80

101 88 13 618 690 90

48 57 -10 609 652 93

53 57 -4 604 653 93

Standard Factory Space ('000 sq m Gross Allocation Termination Net Allocation Demand Supply Occupancy Rate (%) 87 52 35 2,289 2,509 91 58 24 34 2,300 2,511 92 75 33 42 2,343 2,439 96 61 17 44 2,386 2,439 98 43 15 28 2,415 2,437 99 9 25 -16 2,398 2,437 98 17 22 -5 2,391 2,434 98

Prepared Industrial Land 2 (hectares) Gross Allocation Termination Net Allocation Demand 3, 4 Supply 4 111 92 19 4,038 4,818 207 30 177 4,337 5,261 323 48 274 4,606 5,334 452 110 342 5,000 5,702 270 64 206 5,290 6,062 177 75 103 5,385 6,121 161 114 46 5,425 6,225

Source : JTC Corporation Note: Figures may not add up due to rounding. 1 Excludes divestments. 2 Excludes industrial land used for JTC Standard/Flatted Factory developments. 3 Refers to cumulative net allocation as at end period, and excludes unprepared land. 4 Include land occupied by divested properties with effect from July 2008.