Public housing units by the Housing and Development Board, left, and private residential buildings under construction in Singapore. Photo: Roy Issa Public housing units by the Housing and Development Board, left, and private residential buildings under construction in Singapore. Photo: Roy Issa
Public housing units by the Housing and Development Board, left, and private residential buildings under construction in Singapore. Photo: Roy Issa

Sky-high prices: the million-dollar question facing Singapore’s public housing

  • Despite the coronavirus and a bumper recession, a record number of public housing flats were resold by their owners for more than S$1 million in 2020
  • That’s great for those who buy heavily subsidised public units then sell for a personal profit, but bodes ill for a system aspiring to affordable housing for all

Topic |   Asia housing and property
Public housing units by the Housing and Development Board, left, and private residential buildings under construction in Singapore. Photo: Roy Issa Public housing units by the Housing and Development Board, left, and private residential buildings under construction in Singapore. Photo: Roy Issa
Public housing units by the Housing and Development Board, left, and private residential buildings under construction in Singapore. Photo: Roy Issa
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