Home > News > Regional
Friday April 4, 2014 MYT 12:00:00 AM
Friday April 4, 2014 MYT 8:27:36 AM
ABOUT 2,800 Housing Board shops will benefit from the sixth round of a scheme to make heartland shopping areas more vibrant.
The HDB has set aside S$1.9mil (RM4.9mil) for this round of the Revitalisation of Shops scheme, which will cover 29 areas.
This is in response to requests from local merchants’ associations, the HDB said in a statement.
The scheme will co-fund the upgrading of common areas with amenities such as shop directories, fund up to half the cost of promotional events held by the merchants’ associations, and give shops a rent-free period of up to one month if they are undergoing renovation under this scheme.
Shops in previous rounds of the scheme saw their sales improve by up to 30% during promotional events. At least 60 events are expected to be held in this round, in conjunction with the Great Singapore Sale, Christmas and New Year countdown celebrations and so on.
Merchants’ associations and shops can choose to apply for some or all of the various components of the scheme. In this round, 27 applied for co-funding for events, and the other two sites applied for co-funding of upgrading works.
About S$8.4mil (RM21.8mil) has been spent in the Revitalisation of Shops scheme since it began in November 2007. — The Straits Times / Asia News Network
Tags / Keywords:
Record breaker Fu Kang going places
Najib: Lee Kuan Yew one of history's greats
Najib pays last respects to Lee Kuan Yew
Malaysia-Singapore bilateral relations difficult in the past
Crowds queue early to pay last respects to Lee Kuan Yew
Israeli settlements may have already killed two-state bid - U.N.
Cuba proposes quick start to human rights dialogue with U.S
Iraq special forces advance in Tikrit, U.S. coalition joins fight
Pope Francis meets homeless on private visit to Sistine Chapel
U.S. secretary of state, Iranian FM talk about Yemen - spokesman
Nestlé rewards consumers with biggest promotion ever
The great South Australian adventure
Analysis - Mourinho has resuscitated Terry's Chelsea career
Yelp expands Asian presence with Taiwan launch
Copyright © 1995-2015 Star Publications (M) Bhd (Co No 10894-D)