MORE AFFORDABLE PUBLIC HOUSING –
MORE CHOICES
CHAPTER 6
Every Singaporean will always have the opportunity to own a high quality, affordable home. Our building programme was set back by the Covid pandemic. But we are on track to launch 100,000 new HDB flats between 2021 and 2025, as we had promised.
To keep public housing affordable and accessible, we will:
- build more than 50,000 new flats over the next three years, equivalent to an entire Ang Mo Kio town
- increase Shorter Waiting Time flats
- explore more public housing options for higher-income couples and singles
- act decisively, when needed, to foster a stable and sustainable property market
- plan for the rejuvenation of HDB towns, including through the Voluntary Early Redevelopment Scheme (VERS)
Artist Impression: Mount Pleasant Housing Estate
The new HDB classification framework – Standard, Plus and Prime BTO flats – will keep flats in choice locations within reach of more applicants. These include new housing estates at:
- Kallang-Whampoa, the first open concept “white flats” which offer flexibility for home-owners to configure their own spaces
- Bayshore, with waterfront living at East Coast Park
- Mount Pleasant, incorporating the rich heritage of the Old Police Academy