Can I still afford a HDB flat?

sgmatters.com can i still afford a hdb flat can i still afford a hdb flat 1

Someone said that young graduates used to aspire to a 5-rm flat but now they can only afford a 4-rm flat. And a poly grad used to aspire to a 4-rm flat but now, they can only afford a 3-rm flat. When I was a young graduate, I was realistic of my financial ability and […]

99-year lease is only way to recycle land for future generations to buy BTOs

sgmatters.com 99 year lease is only way to recycle land and ensure future generations can buy their own btos 99 year lease is only way to recycle land and ensure future generations can buy their own b 1

Today, over 80% of Singaporeans live in public housing. Compared to public housing in most parts of the world, our HDB flats and home ownership model is the exception rather than the norm. Singapore’s housing policies have been uniquely successful. We are the only major city in the world where nearly every young couple getting […]

Should land for public housing in Singapore be priced at a nominal rate?

house, public, HDB, Singapore, land, flats

You’ve heard this before: that land for HDB flats should be priced lower, even at a nominal fee of $1 because it is land for public housing. After all, land assets, as part of the reserves, belong to the people.  The problem with this line of reasoning is that public housing in Singapore has taken […]

Home ownership is not superior to home renting: WP MP Louis Chua

Homeownership is not superior to home renting: WP MP Louis Chua

MP Louis Chua of the Workers’ Party said that one of the biggest misconceptions is that home ownership is superior to home renting. In his adjournment motion on 2 November 2021, Mr Chua pushed for a greater diversity of housing options. The key problem, he said, is the “severe shortage” of Housing Board (HDB) rental […]

$500 million Enhanced CPF Housing Grant disbursed to 15,600 first-time buyers

Enhanced CPF Housing Grant

With the Enhanced CPF Housing Grant, Family Grant and Proximity Housing Grant, who says housing is unaffordable? The Enhanced Housing Grant was introduced in September 2019. Since then 15,600 first-time buyers of new and resale flats have received the Enhanced Housing Grant (EHG), with close to $500 million disbursed, National Development Minister Desmond Lee said. […]

Award-winning Punggol 21: a promise delivered brick by brick, step by step

Punggol 21 - Punggol Waterway

Stroll along Punggol estate and you will come across My Waterway@Punggol – a waterway created for a more refreshing living environment for HDB residents. The 4.2km-long Punggol Waterway is now one of the most recognisable landmarks in Punggol. A joint project between HDB and NParks, the waterway acts as a major air corridor and encourages […]