Property Council recently submitted on the Government’s Policy Statement on Housing and Urban Development (GPS-HUD). While we supported a majority of the proposals, there are certain parts of the Discussion Document that required further refinement.
refinement of the vision and outcomes;
clarifying the Government’s actions to provide more public rental housing and address lack of housing supply;
further refinement of the Building System reform;
addressing materials and skills shortages;
clarifying how NPS-UD interrelates with GPS-HUD;
greater Government contribution;
better coordination between local and central government;
better alignment between different work programmes;
development of the Population Strategy;
better use of existing funding and financing tools;
establishment of competitive infrastructure fund;
and further refinement of the Implementation Strategy.