Has Housing Become Unaffordable? | Singapore's Public Housing Revealed

The Singapore public housing model has been lauded by near and far. It is a unique system that has undeniably been a success from the very early years since the Housing and Development Board’s founding. But as Singapore’s housing needs and aspirations have grown and changed over the decades, has the system kept pace? It would appear not, as the affordability of HDB’s Build-to-Order flats has been hotly debated in Parliament in recent years, and complaints and commentaries about rising prices are commonplace. Is our public housing really affordable? We get to the root of the issue and pull back the curtains on how our BTO flats are priced, speaking to the HDB teams at the very heart of the question. WATCH MORE Singapore's Public Housing Revealed Part 2:    • When Will I Get My Home? | Singapore's Pub...   00:00 Introduction 01:53 How are BTO flats valued? 04:56 Valuation VS pricing 06:47 How expensive are HDB flats? 08:40 History of Singapore’s public housing 09:51 Slums to SIT flats 13:22 A bold promise 17:23 The fire that kicked off the housing programme 21:28 How much did the first HDB flats cost? 25:45 Where Singapore’s Prime Minister grew up 26:39 Introduction of the resale market 28:20 Rising resale prices 30:26 Are BTO and resale prices linked? 31:37 Are BTO flats still affordable? 35:58 Hammering out the final price 38:34 Why can’t HDB price flats cheaper? 39:17 Tenants or homeowners? 41:23 Unlocking a flat’s value for retirement 43:08 HDB's growing deficit About the show: Singapore’s public housing model has been lauded as a success. We get unprecedented access to the inner workings of the system, discovering what it takes to balance the nation’s housing needs and wants. ================================================ #CNAInsider #SingaporesPublicHousingRevealedCNA #Singapore #PublicHousing #HDBSingapore For more, SUBSCRIBE to CNA INSIDER! https://cna.asia/insideryoutubesub Follow CNA INSIDER on: Telegram: https://t.me/CNAInsiderSG Instagram:   / cnainsider   Facebook:   / cnainsider   Website: https://cna.asia/cnainsider