Concerns over demand and supply of HDB flats to be raised in Parliament

Concerns over demand and supply of HDB flats to be raised in Parliament

By Lin Jiamei

SINGAPORE: Concerns over the property market will be one of the main topics to be discussed in Parliament next week.

MP for Aljunied GRC Cynthia Phua will be asking the Minister for National Development about the projected supply and demand of HDB flats over the next five years while MP for Marine Parade GRC, Dr Muhammad Faishal wants to know about the waiting time for new couples applying for HDB flats.

MPs are also planning to ask the Minister of Foreign Affairs for his assessment of the recently concluded APEC meetings.

Concerns over new immigrants will also be discussed.

Opposition MP Chiam See Tong will be asking the Deputy Prime Minister on the number of foreigners who have successfully applied for permanent residency in Singapore.

Parliament is also expected to introduce changes to the Moneylenders Act to enhance penalties for loansharks.

Parliament will sit at 1.30 pm on Monday. - 938LIVE/vm

Source : Channel NewsAsia - 20 November 2009

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