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:
Muhyiddin: Makeshift classrooms only temporary
Mexico captures most wanted drug kingpin, former teacher 'La Tuta'
Probe underway into accident at MRT construction site
Russian opposition leader Nemtsov shot dead in Moscow
Malaysians abroad share how they celebrate our local festivals
8 Incredible food and wine adventures you can do in Australia!
Malinga gamble starting to pay dividends for Sri Lanka
Disenchanted by farm stay and B&B experience in New Zealand
Exercise balls ease childbirth
Copyright © 1995-2015 Star Publications (M) Bhd (Co No 10894-D)