Advisory Center for Affordable Settlements & Housing

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Document Type General
Publish Date
Author The Housing & Development Board (HDB)
Published By Singapore Press Holdings Ltd
Edited By Suneela Farooqi
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SINGAPORE: AFFORDABLE HOUSING

Download Document
Document Type: General
Primary Author: The Housing & Development Board (HDB)
Edited By: Suneela Farooqi
Published By: Singapore Press Holdings Ltd

HDB issued new data to show that new flats are within the budget of first-time home buyers in different income groups. Hear what people on the ground have to say. Opposition parties have called for new flat prices to be further reduced, with some suggesting that they be pegged to the median incomes of Singaporeans or to the cost of building them. Meanwhile, the provided new data that supports National Development Minister Mah Bow Tan’s claim on Sunday that most first-time buyers of new flats will need to fork out little or no cash to pay for their new HDB flats.

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