{"id":61362,"date":"2017-07-21T07:30:39","date_gmt":"2017-07-21T00:30:39","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/evolution-of-public-housing-in-singapore\/"},"modified":"2017-07-21T07:33:57","modified_gmt":"2017-07-21T00:33:57","slug":"evolution-of-public-housing-in-singapore","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evolution-of-public-housing-in-singapore\/","title":{"rendered":"Evolution of public housing in Singapore"},"content":{"rendered":"


\nView of HDB flats in the Ghim Moh area.
\nThe Republic\u2019s transformation from a fishing village to a cosmopolitan city is well documented, but how much do you know about the evolution of our HDB flats? We shed some light on its history.
\n1) From kampong to city
\nAs Singapore grew from a fishing village to a major seaport, so too did its population, leading to overcrowding and unhygienic living conditions. To deal with this problem, the then British colonial government set up the Singapore Improvement Trust (SIT) in 1927. The SIT built Singapore\u2019s first public housing estate in Tiong Bahru, which comprised 784 flats, 54 tenements and 33 shops.
\n2) From SIT to HDB
\nAfter World War II, however, the SIT was unable to keep up with the surging number of squatter settlements as the population rose to about 1.6 million. Having built only 20,907 public housing units, the SIT was dissolved and replaced with the Housing and Development Board (HDB) in 1960. Its first housing development was a cluster of mid-rise residential blocks on Stirling Road in Queenstown. Within three years of its formation, the HDB successfully developed 31,317 flats, thus well on its way to tackling Singapore\u2019s housing crisis.
\n3) HDB and beyond
\nFrom its humble beginnings building basic HDB flats with proper sanitation and piped water, the Housing Board has since provided more than 80 percent of Singaporean households with affordable housing, and achieved over 90 percent homeownership rate \u2013 currently the highest in the world. More than just providing homes, the agency has revolutionised the way we live by integrating communal spaces, modern facilities and lifestyle amenities.
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\nThis article was first published in the print version PropertyGuru News & Views. Download PDFs of full print issues or read more stories now!<\/p>\n


\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Evolution of public housing in Singapore<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

View of HDB flats in the Ghim Moh area. The Republic\u2019s transformation from a fishing...<\/p>\n","protected":false},"author":1,"featured_media":61363,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-61362","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property-news"],"jetpack_featured_media_url":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2017\/07\/footer_011.gif?fit=710%2C9&ssl=1","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-fXI","jetpack-related-posts":[{"id":141356,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-cuts-supply-of-new-public-flats-to-the-fewest-since-2021-as-hdb-fiddles-with-pipeline-to-ease-housing-prices\/","url_meta":{"origin":61362,"position":0},"title":"Singapore cuts supply of new public flats to the fewest since 2021 as HDB fiddles with pipeline to ease housing prices","date":"January 17, 2024","format":false,"excerpt":"\r HDB said it has successfully delivered about 80 per cent of pandemic-delayed projects, or a total of 73 projects from October 2020 to December 2023.\r \r Source : South China Morning Post\r Read more...Singapore cuts supply of new public flats to the fewest since 2021 as HDB fiddles with\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":54127,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/proportion-of-hdb-flats-down-in-2016\/","url_meta":{"origin":61362,"position":1},"title":"Proportion of HDB flats down in 2016","date":"May 9, 2017","format":false,"excerpt":"\r As Singapore\u2019s total housing stock share of private properties increases to 27 percent, HDB flats falls 73 percent to 1.011 million units in 2016. While the number of HDB flats increased from 880,000 units in 2006 to 1.011 million units in 2016, the proportion of such flats out of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123703,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-flats-remain-attractive-as-investment-despite-restrictive-rules-under-plh-model\/","url_meta":{"origin":61362,"position":2},"title":"HDB flats remain attractive as investment despite restrictive rules under PLH model","date":"December 9, 2021","format":false,"excerpt":"\r Over the past 20 years, prices of resale HDB flats increased by 0.82%\u00a0quarter-on-quarter on average, or an accumulated growth of almost 70%. Aside from providing a roof over people\u2019s heads, housing is also considered as one of the biggest assets for over 90% of Singaporean households. In an article\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/12\/HDB-EIP.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":82018,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rules-eased-for-divorcees-looking-to-buy-subsidised-hdb-flats\/","url_meta":{"origin":61362,"position":3},"title":"Rules eased for divorcees looking to buy subsidised HDB flats","date":"March 6, 2018","format":false,"excerpt":"\r View of HDB flats in Singapore. To better support the housing needs of divorced parents and their children, the Housing and Development Board (HDB) will scrap a policy which only allows one party to buy or own a subsidised flat within three years from the date of their divorce.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":100674,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/falling-hdb-resale-prices-a-thorny-issue-for-singapore-government\/","url_meta":{"origin":61362,"position":4},"title":"Falling HDB resale prices a thorny issue for Singapore government","date":"October 30, 2018","format":false,"excerpt":"\r HDB resale prices could slide by up to 2.0% this year. There could be severe political ramifications if the Singapore government fails to adequately address the downtrend in the prices of HDB resale flats and the loss of their value as the lease dwindles, reported Bloomberg recently. \u201cThe government\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123409,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mount-pleasant-hdb-flats-to-attract-robust-demand\/","url_meta":{"origin":61362,"position":5},"title":"Mount Pleasant HDB flats to attract robust demand","date":"November 24, 2021","format":false,"excerpt":"\r About 5,000 new homes will be built at the future Mount Pleasant site, which is expected to see strong demand. 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