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