Tuesday, May 27, 2014

HDB Starts Work On 40,000 New Homes

Singapore's Housing and Development Board HDB starts work on 40,000 new homes (BT May 27, 2014)

The new housing estates will feature thematic housing typologies - big words.  What do these mean?

Punggol Matilda will be a waterfront home.  Sounds attractive indeed.

The 3 Gen flat concept sounds interesting though HDB is only building 50.  Sounds very few, since there are 40,000 new flats expected.  Wonder why.  Is it still experimental?  Going forward, I think these 3G flats would be more popular.  Not a bad idea to have 3G living together. 

For an overseas reader, I think they must marvel at how fast our Government can built up housing infrastructure. For sure, London is experiencing a chronic housing shortage, with no end in sight.  Singapore Government has pumped up the supply in a huge way.

That said, our tiny little island is certainly getting very crowded, with many skyscrapers.   A bit ugly, but what choice do we have? 

Happy Investing! 

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