Why dont we use the revenue from land sales instead?

mof

Last updated 1y ago

We already do. Past Reserves are used to fund land-related projects such as: - Land reclamation, including polders (which are part of climate change measures). - Creation of underground space like the Jurong Rock Cavern. - Land acquisition projects like HDBs SERS (Selective En-bloc Redevelopment Scheme). Past Reserves can be used for these purposes as the reserves are essentially converted back into land and the asset is preserved.

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