National Day Rally 2023

THE BROAD VIEW

Revitalising the Singapore spirit one policy at a time 

The key announcements on public housing and retirement adequacy at the National Day Rally underscore Singapore’s commitment to strengthening its social compact

Under a new framework, HDB flats will classify BTO projects as Standard, Plus or Prime.
COMMENTARY

HDB changes rightly emphasise homes are for living, but don’t snuff out wealth creation

Singapore’s public housing is the envy of many countries. Around nine in 10 Singaporeans are homeowners, and about eight in 10 Singaporeans live in Housing and Development Board (HDB) homes.

Analysts say the new build-to-order framework could drive demand to existing flats and eat into the private housing market's pool of upgraders.

HDB changes may divert demand to existing resale flats, shrink upgrader pool for private housing: analysts

THE Housing and Development Board’s (HDB) new framework for Build-to-Order (BTO) flats has been a long time coming, but could drive demand to existing flats and eat into the private housing market’s p...

PM Lee Hsien Loong speaking at the National Day Rally 2023.
NATIONAL DAY RALLY

National Day Rally 2023 in 3 minutes

HERE’S a summary of the key points and announcements Prime Minister Lee Hsien Loong made in his National Day Rally on Sunday (Aug 20) evening, if you missed the broadcast and don’t have time to revisi...

In his annual National Day Rally speech, Prime Minister Lee Hsien Loong has given Singaporeans reassurance on issues such as cost of living and jobs.
NATIONAL DAY RALLY

National Day Rally focuses on ageing well, keeping housing affordable with new approach

AGEING and housing were the central themes of Prime Minister Lee Hsien Loong’s National Day Rally speech on Sunday (Aug 20), in which he announced Central Provident Fund (CPF) bonuses for “young senio...

Plus flats, a new classification of Build-to-Order flats, will be found in "choicer locations" within each region across Singapore, said Prime Minister Lee Hsien Loong at his National Day Rally on Sunday.
NATIONAL DAY RALLY

National Day Rally: Tighter restrictions for new class of BTO flats to reduce ‘lottery effect’, keep lid on resale prices

Clawback of subsidies, 10-year minimum occupation period, income ceiling on resale buyers for new Plus category

The Majulah Package will cost the government a total of S$7 billion and will benefit 1.4 million older Singaporeans.
NATIONAL DAY RALLY

National Day Rally: S$7 billion Majulah Package to help 1.4 million ‘young seniors’ boost their CPF savings

A NEW S$7 billion package will provide Central Provident Fund (CPF) bonuses to 1.4 million Singaporeans aged 50 and above “with lower incomes and less wealth”, Prime Minister Lee Hsien Loong said in h...

Temporary financial support will be offered to ease the immediate pressure faced by jobseekers, so they can upskill for a better long-term job, says PM Lee.
NATIONAL DAY RALLY

National Day Rally: Details of re-employment support to come when Forward SG wraps up

DETAILS of an upcoming re-employment support scheme will be released when the Forward Singapore (Forward SG) initiative wraps up, Prime Minister Lee Hsien Loong said on Sunday (Aug 20) in his National...