Please use this identifier to cite or link to this item:
|Title:||Housing Finance for the Ageing Singapore Population: The Potential of the Home Equity Conversion Scheme|
|Citation:||Leong, K.M., Addae-Dapaah, K. (1996). Housing Finance for the Ageing Singapore Population: The Potential of the Home Equity Conversion Scheme. Habitat International 20 (1) : 109-120. ScholarBank@NUS Repository. https://doi.org/10.1016/0197-3975(95)00046-1|
|Abstract:||Singapore, like most developed countries, has a rapidly 'greying' population. However, unlike the Western countries where the development of a 'housing continuum' to meet the wide spectrum of ageing needs has resulted in a plethora of housing-finance schemes to cater for the diversified financial circumstances of the elderly, Singapore has not grappled yet with the problem of housing for the elderly, especially in terms of finance, despite its changing demographic and socio-economic trends. This paper evaluates the applicability of some of the housing-finance schemes that are tailored for the elderly in the West, especially the Home Equity Conversion Scheme (HECS), to Singapore. The paper concludes that of all the variants of HECS, the Sale-Leaseback (SL) has the greatest potential for resolving the housing finance problem of the elderly in Singapore.|
|Source Title:||Habitat International|
|Appears in Collections:||Staff Publications|
Show full item record
Files in This Item:
There are no files associated with this item.
checked on Jul 10, 2018
WEB OF SCIENCETM
checked on May 30, 2018
checked on Jun 30, 2018
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.