Building more, building faster: Syed Harun on keeping housing affordable and accessible
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The Ministry of National Development (MND) aims to keep housing affordable and accessible to the public by ensuring a robust supply of Build-to-Order (BTO) flats, Senior Parliamentary Secretary Syed Harun Alhabsyi told AsiaOne in an exclusive interview in MarBuilding more, building faster: Syed Harun on keeping housing affordable and accessible
The Ministry of National Development (MND) aims to keep housing affordable and accessible to the public by ensuring a robust supply of Build-to-Order (BTO) flats, Senior Parliamentary Secretary Syed Harun Alhabsyi told AsiaOne in an exclusive interview in March.«If you notice, over the past few years, we've actually been building more and building faster,» he said.«This is our effort towards making sure that every Singaporean household can have a flat of their own.»Young families are a critical sector that MND supports, with nine in 10 first-time households able to service their housing loan through the Central Provident Fund (CPF) with little to no cash outlay, he stated.A robust BTO housing supply is also expected to move demand away from the resale market, which will, in turn, moderate market prices.«At the same time, it's also important to note that we do our level best to be able to ensure that grants are available for first-timer households seeking to purchase their first flat,» Dr Syed Harun said.














