By Paul Ho (guest contributor)
Have you ever wondered how Singapore’s land supply is managed? Who controls the largest land supply? You often see that the URA and HDB launches land for sale – do they own this land? In order to shed light on this topic, it is important to understand the role of each statutory body.
Urban Redevelopment Authority (URA)
The Urban Redevelopment Authority is primarily in-charge of urban renewal, designing Singapore’s land use master plan and various other initiatives. Their role spans residential dwelling, entire township designs which includes commercial, industrial as well as residential zoning and density.
The URA also acts as an agent for the State in carrying out land sales for commercial, hotel, private residential and industrial developments. In addition, the URA also sells sites for special uses, for example for heavy vehicle parks, conservation shophouses and recreational developments.
Housing Development Board (HDB)
The ...
