// Adds dimensions UUID, Author and Topic into GA4
Sunday, September 13, 2026
28.1 C
Singapore
type here...
may-2022-hdb-bto-launch-review:-the-time-to-buy?
ForumLetter to the Editor
Less than 1 min.Read

Letter to the Editor: Public housing needs to be made more affordable

Letters to the Editor
By Letters to the Editor

Dear Editor,

I refer to the following article: ‘So many S’poreans now co-living in HDB with 5 to 6 people in 1 unit!’ — Netizens react to high property prices

Rental costs are higher than that of mortgage, by far, so it’s not that the young can’t afford to buy. The young can’t even buy because of the age restrictions requiring them to be 35 to purchase a resale.
Also, HDB lacked foresight in foreseeing this eventuality of property inflation of public housing by the open market.
What they should have done was to make public housing only resaleable back to HDB at no profit. Public housing should be provided subsidised for people out of their need for housing, not their need for 100-500k profits which is now an expectation by people who BTO. The greedy older generation is making the younger generations suffer with higher and higher prices.
Had public housing only been able to be sold back to HDB on HDB’s valuation, the market would have been protected from outside forces buying up property as a means of stable investment in Singapore.
Sincerely,
Gabriel
Google News Follow Google News WhatsApp Join us on WhatsApp Telegram Follow us on Telegram

Hot this week

Personal Finance

‘Life is but a bunch of unwanted surprises’: Singaporean says having an emergency fund helps him stay calm

After going through consumer debt, he said rebuilding his finances taught him the value of having money set aside for emergencies.
Malaysia

171 Sungai Kim Kim victims win civil suit against factory and two Singaporean directors seven years after toxic waste disaster

Seven years after the Sungai Kim Kim disaster, 171 victims have secured a civil court victory against four defendants, including two Singaporean nationals. The amount of damages will be decided later.

Popular Categories

Singapore NewsFeatured NewsSG EconomySingapore PoliticsLifestyleCelebrityIn the Hood
document.addEventListener("DOMContentLoaded", () => { const trigger = document.getElementById("ads-trigger"); if ('IntersectionObserver' in window && trigger) { const observer = new IntersectionObserver((entries, observer) => { entries.forEach(entry => { if (entry.isIntersecting) { lazyLoader(); // You should define lazyLoader() elsewhere or inline here observer.unobserve(entry.target); // Run once } }); }, { rootMargin: '800px', threshold: 0.1 }); observer.observe(trigger); } else { // Fallback setTimeout(lazyLoader, 3000); } });

The Independent SG

Also Visit

Social Media

© The Independent Singapore

// //
Enable Notifications OK No thanks