{"id":121726,"date":"2021-08-30T03:02:36","date_gmt":"2021-08-29T20:02:36","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/minister-raise-concern-over-increased-proportion-of-malays-living-in-rental-flats\/"},"modified":"2021-08-30T11:06:41","modified_gmt":"2021-08-30T04:06:41","slug":"minister-raise-concern-over-increased-proportion-of-malays-living-in-rental-flats","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/minister-raise-concern-over-increased-proportion-of-malays-living-in-rental-flats\/","title":{"rendered":"Minister raise concern over increased proportion of Malays living in rental flats"},"content":{"rendered":"


\nMinister raise concern over increased proportion of Malays living in rental flatsMasagos shared that the authorities are working to reach out to the members of the Malay community to encourage them to \u201caspire to own homes, because this is an asset that every Singaporean should have and should not give up on\u201d.
\nMinister-in-charge of Muslim Affairs Masagos Zulkifli has expressed concern over the growing proportion of Malays staying in rental flats, saying it could become an entrenched problem once these families give up their aspiration to own a home, reported TODAY.
\n\u201cRental homes are quite cheap and very affordable,\u201d he said following Prime Minister Lee Hsien Loong\u2019s National Day Rally speech which addressed multiple issues relating to race and religion.
\n\u201cAnd if they get used to it and they don\u2019t aspire to move into owning homes, then we are worried that we will have a generation who might be entrenched in living in rental homes,\u201d he added as quoted by TODAY.
\nRecommended article:\u00a0Guide to Upgrading from an HDB Rental Flat to Owning an HDB Flat
\nMasagos shared that the authorities are working to reach out to the members of the Malay community to encourage them to \u201caspire to own homes, because this is an asset that every Singaporean should have and should not give up on\u201d.
\nIn his Malay speech, PM Lee said there remain some \u201cworrying trends\u201d among the Malay community in Singapore, especially in the areas of education and home ownership.
\nThe Prime Minister was referring to the latest national census, which revealed that the number of Malay households living in 1- and 2-room HDB rental flats increased to about 18,600 last year from about 9,100 in 2010.
\nNoting that the statistic coincided with the decline in the number of persons per household, Masagos said the issue came about after HDB provided more rental flats to help address overcrowding in Malay homes.
\nWith this, young couples who were unprepared to own a home ended up living in these rental flats.
\nMasagos noted that the problem could deteriorate since \u201con a short-term basis, it is much cheaper than putting deposits or paying mortgage for their own home\u201d.
\nCommenting on education, Masagos urged Malays to maintain \u201cquality participation\u201d in education for them to learn marketable skills and take up quality jobs.
\n\u201cMaybe 30 years ago, poor educational outcomes meant dropouts. Today, it is not about dropouts. It is about quality participation and ensuring that we participate and are able, at the end of the education journey, to get or participate in the opportunities that are available to all Singaporeans,\u201d he said.
\nHe explained that without quality participation, Malays \u201cmay end up with qualifications that may not be demanded by the market, or skills that may not be up to the level of respect, dignity or pay that you should get because you did not participate in the quality that is expected of you\u201d.
\n\u00a0
\nLooking for a property in Singapore? Visit PropertyGuru\u2019s\u00a0Listings,\u00a0Project Reviews\u00a0and\u00a0Guides.
\nVictor Kang, Digital Content Specialist at PropertyGuru, edited this story. To contact him about this story, email:\u00a0victorkang@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Minister raise concern over increased proportion of Malays living in rental flats<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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A study showed that homeowners from the main ethnic racial groups\u2014namely, Chinese,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/07\/HDB-EIP.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":122982,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainstreaming-hdb-rental-may-reshape-social-norms-weaken-communities\/","url_meta":{"origin":121726,"position":3},"title":"Mainstreaming HDB rental may reshape social norms, weaken communities","date":"November 3, 2021","format":false,"excerpt":"\r Current policies are geared towards enabling home ownership;\u00a0Senior Minister of State for National Development Sim Ann said extending\u00a0public housing rentals to the\u00a0wider populace\u00a0will not be embarked on \u201cwithout deep consideration\u201d. 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