🧐Should the #Government #fund ageing #private #condo #repairs? | The #StraitsTimes
"what raised eyebrows was another suggestion🤦‍♂️ that the Government could partially foot the bill for lift & escalator safety #upgrades. When just 17% of #Singapore’s residents live in private #condominiums, should #taxpayers’ money be used, even for partial funding?"
What is the difference between #public #housing and private #property? It is fair to fund private assets via public coffers?🤔
https://www.straitstimes.com/singapore/should-the-government-fund-ageing-condo-repairs
Government funding for condo repairs: Yay or nay?

Explore the debate on whether the government should fund condo repairs and the implications for property owners. Read more at straitstimes.com. Read more at straitstimes.com.

The Straits Times
#Ageing #condos will not get public #funds for lift maintenance, renovation & redecoration works: #BCA
🤔"“The amount of funding to improve the lifts in #publichousing is significantly higher than te targeted co-funding which BCA is currently exploring for #private #developments to enhance te safety of their older lifts,” it said"
👆When nearly 78% of #Singapore's #population live in #public #housing, this statement may appear to be superfluous, perhaps even self-serving?🧐
https://www.straitstimes.com/singapore/housing/ageing-condos-will-not-get-public-funds-for-lift-maintenance-renovation-and-redecoration-works-bca
Ageing condos will not get public funds for lift maintenance, renovation and redecoration works: BCA

Any Government co-funding will be targeted at safety upgrades for such older lifts, it said. Read more at straitstimes.com. Read more at straitstimes.com.

The Straits Times

@joseph11lim public funds are already used to upgrade private residence;

"EV Common Charger Grant (ECCG) to co-fund up to 50% of the installation costs of smart EV chargers in non-landed private residences (NLPRs) like condominiums"