This article is written in partnership with the Ministry of Communications and Information in support of Forward Singapore.
- Over the past few decades, it is not only property prices that have risen in tandem with Singapore’s rapid economic growth — housing expectations and aspirations of the younger generations have gone up too
- Some of these today include owning a private property in one’s lifetime, being able to afford a bigger flat in a good location and having more options for singles
- Meeting Singaporeans’ housing needs and aspirations is a perennial concern, with the topic being aired in Parliament from time to time. Outside of Parliament, it is also a common topic of discussion among Singaporeans
- What is less talked about, however, are the trade-offs involved when a land-scarce city-state measuring 719 sq km seeks to meet the housing needs and aspirations of over four million residents
- TODAY examines some of these trade-offs
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