HDB One million flats
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HDB to construct its one millionth flat, capping 50 yrs of achievements
By S.Ramesh, Channel NewsAsia | Posted: 26 January 2010 2048 hrsPhotos 1 of 1 
HDB flats (file pic)Video 
HDB will construct its one millionth flat capping 50 years of achievements SINGAPORE: Is there a role for Singapore's Housing and Development Board (HDB), now that the entire population has been housed?
Prime Minister Lee Hsien Loong said the answer is "Yes" as the HDB is still responsible for providing good public housing and fostering social integration.
Speaking at its 50th anniversary, Mr Lee also revealed that the board will celebrate half a century of achievements by building its one millionth flat this year.
The HDB is a central part of the Singapore Story, said Prime Minister Lee. Over half a century, it housed a growing population and was integral in nation-building.
Mr Lee said: "Twerations of Singaporeans have grown up in HDB flats. Public housing helped to mould our unique national identity and collective experience as Singaporeans. It created and shaped our communities and provided the foundation for our social stability and economic growth."
But Mr Lee noted that the environment has changed and the aspirations of Singaporeans have risen sharply.
He added: "Finding a roof over our heads is no longer the pressing requirement. The HDB flat is not just a shelter but also a key investment asset. People have many considerations in choosing their flats - they want the right flat, in the right locality, at the right time and at the right price.
"Such high expectations are understandable since buying a flat is a major commitment for a young couple setting up a home together."
And HDB is committed to providing high quality housing, even though it cannot accommodate every preference or expectation.
The prime minister also emphasised a point expressed several times by other ministers and very much an ongoing concern amongst flat buyers in the rising property market. And that is the government's commitment to keeping HDB flat prices affordable for Singaporeans.
But Mr Lee said the government has less control over prices in the resale market.
He explained: "These resale prices are set by individual households who transact flats on a willing-buyer, willing-seller basis, and are affected by movements and sentiments in the wider economy, including in the private property market.
"Hence, resale prices of HDB flats will fluctuate from year-to-year. But over the long term, the value of HDB flats depends on the strength of the Singapore economy."
So provided Singapore continues to do well, Mr Lee is confident the flats will maintain their value and Singaporeans can enjoy an appreciating asset. - CNA/vm -
Since when entire population has been housed? Just take a look at the beaches and the no. of flats reposessed each year. I figure perhaps it wasn't too appropriate to use the word "majority". That would make the HDB look like they haven't taken care of everyone? LOL
Last time, HDB is caring for the nation. Now, HDB is sucking our lui.
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No, if you ask those who live in tents in ECP, most of them have houses, but rented out to make money. Singaporeans maybe stupid, but come to making money, some are pure genius. Like Govt, Like Citizens
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yes as i was going to post he forget to mention
" we going to build house for singaporean , we going to build ERP at the enterance of the carpark also "
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Originally posted by angel7030:
No, if you ask those who live in tents in ECP, most of them have houses, but rented out to make money. Singaporeans maybe stupid, but come to making money, some are pure genius. Like Govt, Like Citizens
like you said, most? even that is dubious. -
what is a roof on top of your head??? it can be a big roof like mine, a void deck roof, a bus stop roof, or some high and wide roof down oxley rise,..that is why govt alway mention that everyone will have a roof on top of their head, but they never said what kind of roof ya.
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Originally posted by angel7030:
what is a roof on top of your head??? it can be a big roof like mine, a void deck roof, a bus stop roof, or some high and wide roof down oxley rise,..that is why govt alway mention that everyone will have a roof on top of their head, but they never said what kind of roof ya.
Good the morning - thanks you for posting unconstructive view! -
Good afternoon...go sleep again...later wait for me ya
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are they giving a million to whoever is lucky enough to buy the millionth flat?
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But Mr Lee said the government has less control over prices in the resale market.
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Why cant? Car coe can liao, why resale cannot? have a celing cap lah.
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Originally posted by likeyou:
But Mr Lee said the government has less control over prices in the resale market.
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Why cant? Car coe can liao, why resale cannot? have a celing cap lah.
Read the last statement......
So provided Singapore continues to do well, Mr Lee is confident the flats will maintain their value and Singaporeans can enjoy an appreciating asset -
got new news
its totally not for us. its for the PR as now they can easily get them at the same stats as us. they can get more benefit and at lower price now.
so actually his words "for singaporean" is not truth.
its a lie.