Politics

Singapore to Lower Age Limit for Singles' Public Housing Access

Singapore announces major public housing reforms, including lower age limits for singles and increased income caps, while accelerating housing supply to meet growing demand.

ParWei-Ling Tan
Publié le
#singapore-housing#public-policy#real-estate#urban-development#social-reform#government-policy#housing-development
Image d'illustration pour: Earlier keys for singles? Singapore reviews public housing age limit and income cap in bid to meet demand

Singapore's Housing and Development Board (HDB) flats against the city skyline, symbolizing the nation's public housing transformation

Singapore is set to make significant changes to its public housing policy, with National Development Minister Chee Hong Tat announcing potential reforms to expand housing accessibility for singles and higher-income households.

Key Housing Policy Reforms

The government is considering reducing the minimum age requirement for singles to purchase Build-to-Order (BTO) flats, currently set at 35 years. This reform comes as part of Singapore's broader initiative to maintain its position as a regional leader in asset management and development.

"We are looking at whether we can reduce the age for singles to be eligible, so that singles can come in and buy BTO flats at an earlier age," stated Minister Chee.

Expanding Housing Accessibility

The reforms also aim to raise the current S$14,000 (RM46,158) household income ceiling, demonstrating Singapore's commitment to inclusive national development and social progress.

Supply Acceleration Initiatives

  • 102,300 flats launched from 2021 to 2025, exceeding the 100,000 target
  • 55,000 additional BTO flats planned for 2025-2027
  • 4,500 flats with sub-three-year waiting times available this year

The Housing and Development Board's accelerated construction efforts, following the resolution of Covid-19 delays, showcase .

Private Housing Development

The government's comprehensive approach includes boosting private housing supply, with over 25,000 new units planned for 2025-2027 through the Government Land Sales programme, complementing the existing pipeline of 45,000 units scheduled for completion by 2030.

Wei-Ling Tan

Tech and economy specialist, covering innovation in Southeast Asia from Singapore for both English-language and regional media outlets.