Major Infrastructure Works
A total of $189 million was spent in FY 2015/ 2016 on major infrastructure works for public housing development programme. 57 infrastructure and road-related facilities projects in 18 towns were implemented on time to serve the BTO developments. The major areas of works were in the towns of Tampines North, Punggol North and Bidadari.
Land Reclamation Projects
HDB is the agent to MND to carry out land reclamation works. The works at the Pulau Tekong Bunds and the Changi East Finger Extension have been completed on 31 July 2015. Ongoing land reclamation projects included the $1.03 billion contract for the Construction & Management of Staging Grounds & Infilling Works, which commenced on 29 January 2015 and is scheduled to be completed by April 2019 and the $602 million contract for the Construction & Management of Staging Grounds & Infilling Works (Phase 2), which commenced on 25 August 2015 and is expected to be completed by March 2023. The on-going Environmental Monitoring & Management Plan (EMMP) contracts supporting these land reclamation projects to monitor and ensure that the construction works will not cause any adverse impacts to the environment commenced on 9 October 2014 and on 17 April 2015 (for Phase 2).
The solar capability building programme for public housing involved a wide-scale solar photovoltaic (PV) test-bedding in new and existing precincts. The test-bed will enable HDB to achieve various developmental objectives such as, conduct study on the performance of solar PV system based on different block configurations, geographical settings and technologies in a tropical setting, gather and learn from its design and development, help the industry build technical expertise and capability and develop more cost-effective solar PV systems.
HDB is currently the largest stakeholder in the installation of the solar PV system in Singapore, and has progressively rolled out the test-bedding in both new and existing HDB precincts. To date, HDB has committed a total of $21 million on 123MWp of Solar PV systems for 1,853 public housing blocks across Singapore. Of these, 641 HDB blocks have been installed with solar PV systems so far.
Solar Leasing Model and the SolarNova programme
The solar leasing model is an enhancement of HDB's solar capability building programme, and a continuation of HDB’s ongoing efforts to test-bed solar energy to promote sustainable development.
The solar leasing model involves leasing solar PV systems from private solar system developers who will design, finance, install, operate and maintain the solar PV systems. The solar PV developers will recover their cost from the solar energy sold and consumed by the Town Councils, at a preferential rate that is not higher than retail electricity tariff rate. The solar leasing model has also been expanded to include implementation in projects such as HDB Greenprint @ Yuhua and Greenprint @ Teck Ghee.
The SolarNova programme was launched in 2014 to encourage government agencies to come together to harness solar energy to power their activities and to spur the growth of the solar industry in Singapore. The SolarNova programme aims to implement 350MWp of solar PV capacity across Singapore by 2020.
Taking the lead in the SolarNova programme, HDB aggregates solar PV demands from the Whole-of-Government (WOG) and allows government agencies with solar PV demand to ride on its solar leasing tenders, achieving greater economies of scale and better discount rates of the prevailing tariff for solar energy purchased. In 2015, HDB awarded the first SolarNova tender, spanning across 831 HDB blocks and 8 government agencies’ sites, making it the largest solar leasing tender in Singapore to-date.
Subsidiary And Associated Companies
EM Services was formed in 1988 to offer estate management, engineering, contracts administration and project management services to Town Councils. HDB holds a 75% stake in the subsidiary, while Keppel Land Ltd holds the remaining 25% stake.
During the year, EM Services maintained its position as the largest managing agent for public housing in Singapore. It managed more than 500,000 units of residential and commercial properties on behalf of Town Councils. The company provided essential maintenance and lift maintenance services to Town Councils, property management services to both private and Government agencies, and also housing agency services. In addition, it installed and upgraded lifts in various HDB housing estates under the Lift Upgrading Programme.
The total revenue and management fees of the company for FY 2015/ 2016 was $131 million.