HDB Annual Report 2020/2021

CAPITAL EXPENDITURE Capital expenditure for the year was $5,914 million. A large proportion of the year’s capital expenditure continued to be incurred for the purchases of land and construction of public housing. CAPITAL EXPENDITURE Land Buildings Flats and assets purchased Upgrading and improvement works Capital Expenditure $M 3,368 1,865 627 54 5,914 % 57 31 11 1 100 $M 3,622 2,768 879 47 7,316 $M (254) (903) (252) 7 (1,402) % 49 38 12 1 100 % (7) (33) (29) 15 (19) Breakdown FY2020 FY2019 Change over FY2019 Upgrading and improvement works Flats and assets purchased Building Land $7,316 M $5,914 M $ Million 10,000 9,000 8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000 0 FY2019 FY2020 55 HDB ANNUAL REPORT 2020/21