Public Housing Choices in Singapore: Planning Implications
In the light of the recent oversupply of public housing flats in Singapore, this paper examines buyers’ preference for public housing options in Singapore, namely, new flats in new estates, new flats in mature estates and resale flats in mature estates. By looking at the buyers’ perspectives, the results indicate four factors, namely, physical, amenities, spatial and financial benefits are important in influencing buyers’ choice of Housing and Development Board (HDB) flats. It can be concluded that the main reason for the lack of interest for new flats in new estates is due to the lack of amenities and transportation infrastructure. The findings in this study can assist the HDB in the planning and designing of future flats and housing estates. This will eventually result in the optimisation of resources in the public housing market in Singapore.