Shelter for all: Singapore's strategy for full home ownership by the year 2000

Singapore is a multiracial, multiethnic city-state with a democratic socialist government that came to power in 1959. The People's Action party saw home ownership as a key incentive to nation building & economic development, so in 1960s, it established the Housing & Development Board (H...

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Bibliographic Details
Published in:Habitat international 1993, Vol.17 (1), p.85-102
Main Authors: Sim, Loo Lee, Lim, Lan Yuan, Tay, Kah Poh
Format: Article
Language:English
Subjects:
Economic Development
Government Policy
Home Ownership
Housing Policy
Singapore
Social Development
Online Access:Get full text
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Summary:Singapore is a multiracial, multiethnic city-state with a democratic socialist government that came to power in 1959. The People's Action party saw home ownership as a key incentive to nation building & economic development, so in 1960s, it established the Housing & Development Board (HDB) to design a Home Ownership for the People Scheme consistent with Singapore's larger master plan & concept plan. Income thresholds determine eligibility for HDB housing units, & today, 87% of Singapore's residents live in HDB flats, 78% of whom own them. The ultimate goal is full home ownership for every family by the year 2000. After outlining Singapore's experience, some of the emerging & remaining challenges are discussed. 5 Tables, 4 Figures. F. Shephard
ISSN:0197-3975
1873-5428
DOI:10.1016/0197-3975(93)90047-G