Please use this identifier to cite or link to this item: https://doi.org/10.1080/02673037.2013.874548
Title: Navigating Between Limits: The Future of Public Housing in Singapore
Authors: Chua, B.H. 
Keywords: affordability
asset-base social security system
Singapore public housing system
universal homeownership
Issue Date: 2014
Citation: Chua, B.H. (2014). Navigating Between Limits: The Future of Public Housing in Singapore. Housing Studies. ScholarBank@NUS Repository. https://doi.org/10.1080/02673037.2013.874548
Abstract: The People's Action Party government of Singapore, which has been in power without discontinuity since 1959, is committed to a national housing program with universal provision of 99-year leasehold homeownership for all its citizens. Since 1961 to 2013, the Housing and Development Board, the public housing authority, has built more than one million high-rise housing units, accommodating approximately 90 per cent of the citizens and permanent residents, of which more than 85 per cent of the resident households are homeowners. This close to universal provision system has generated a set of perennial competing demands. Among them are (i) in view of the absence of a national pension scheme, the need to enable homeowners to monetize their public housing property to finance the retirement years, (ii) in order to facilitate retirement funding, public housing flats must be allowed to increase in asset values, to keep up with inflation and rising costs of living and (iii) new subsidized flats must be kept affordable for new entrants into the housing market. The management of these competing demands requires constant monitoring and intervention by the state in order to maintain a balance and sustainable system. © 2014 © 2014 Taylor & Francis.
Source Title: Housing Studies
URI: http://scholarbank.nus.edu.sg/handle/10635/124578
ISSN: 02673037
DOI: 10.1080/02673037.2013.874548
Appears in Collections:Staff Publications

Show full item record
Files in This Item:
There are no files associated with this item.

SCOPUSTM   
Citations

17
checked on Jun 5, 2020

WEB OF SCIENCETM
Citations

13
checked on May 28, 2020

Page view(s)

249
checked on Jun 5, 2020

Google ScholarTM

Check

Altmetric


Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.