06
October
2019
|
09:24
Europe/Amsterdam

A look at HDB flat affordability after recent housing policy moves

Assoc Prof Sing Tien Foo, Dean’s Chair and Director of the Institute of Real Estate and Urban Studies at NUS noted that the dual housing market model comprising a large regulated public housing market and a small private housing market has worked well to maintain a stable supply of affordable housing for Singaporean households. He opined that it would be useful for housing policy to continue to keep up with changes in income, housing preferences and family structures to ensure public housing remains accessible to the broad middle.