The Minister of National Development of Singapore Huang Xuncai published a long blog post on December 16, local time, stating that the Housing and Development Board (HDB) of Singapore will launch 16,000-17,000 new HDB flats in 2020, far exceeding the 14,600 units this year.
(Source: HDB official facebook)
Minister Huang Xuncai said that in the past five years, about 150,000 families have booked or received their first set of housing keys , And the government has spent about S$3 billion on various HDB upgrade plans.
In the next few years, the government will do more upgrades to provide better, more environmentally friendly and smarter HDB housing.
(Source: Singapore MasterCard)
Among them, HDB prices in Punggol and Sengkang are quite competitive.
In order to meet demand, HDB will launch more new HDB flats in 2020. To allow more young people to easily buy their first house in their lives, the government has not only increased housing supply, but also increased housing allowances.
In the future, the government will consider more for residents. For example, the government will extend the lease repurchase program (LBS) to cover all types of HDB flats. This year, the number of applications has nearly doubled to 1,500.
At the same time, the Ministry of Commerce is still studying the implementation details of the Early Reconstruction Plan (VERS). Minister Huang Xuncai said that Singapore is a city with scarce land and needs urban renewal so that the land can be recycled and built for future generations. New apartment.
Source: Singapore Eye, Singapore MasterCard
Editor: Fan Jinyan
