Housing and housing affordability are topics of contention in Singapore, and will likely always be. From those who feel HDB is a miracle of public housing, to those who feel we’re a step away from living under that bridge of Clarke Quay, there’s no end to differing opinions. As several party manifestos and speeches dwell on this central topic, we’ve gathered the salient points and considered how they might impact the current market:
- People’s Action Party
- Build over 50,000 new flats over the next three years, and more flats with shorter construction times.
- Increase public housing options for higher-income couples and singles.
- More flats in mature or desirable estates like Kallang-Whampoa, Bayshore, and Mount Pleasant.
- Planning for VERS
This is the one most of us are familiar with and living through. The biggest innovation we’ve seen in recent years is the
Plus and Prime scheme, which served three purposes:...
