Summary The Singapore public housing model has been lauded by near and far. It is a unique system that has undeniably been a success from the very early years since the Housing and Development Board’s founding. But as Singapore’s housing needs and aspirations have grown and changed over the decades, has the system kept pace? It would appear not, as the affordability of HDB’s Build-to-Order flats has been hotly debated in Parliament in recent years, and complaints and commentaries about rising prices are commonplace. Is our public housing really affordable? We get to the root of the issue and pull back the curtains on how our BTO flats are priced, speaking to the HDB teams at the very heart of the question....