Public housing in Singapore: One million flats and counting
Public housing is often associated with poverty-stricken slums and other social ills but Singapore's high-rise flats built by the government have proven to be an exception.HDB to construct its one millionth flat, capping 50 yrs of achievements
Singapore's Housing and Development Board (HDB) will celebrate half a century of achievements by building its one millionth flat this year, according to Channel NewsAsia.
Speaking at its 50th anniversary, Prime Minister Lee Hsien Loong said, "Two generations of Singaporeans have grown up in HDB flats. Public housing helped to mould our unique national identity and collective experience as Singaporeans."
But with changing time, the aspirations of Singaporeans have risen sharply. "Finding a roof over our heads is no longer the pressing requirement. The HDB flat is not just a shelter but also a key investment asset. People have many considerations in choosing their flats -- they want the right flat, in the right locality, at the right time and at the right price," added Lee.
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