Expand HDB choices for seniors: Offer new dual-key homes and short-lease 3-room flats

[SINGAPORE] In Singapore, a sure sign that a dating couple is serious about tying the knot is when the partners discuss whether to apply for a new Housing & Development Board (HDB) flat together. 

Many young local couples start their homeownership journey by purchasing a Build-To-Order (BTO) flat from HDB. BTO flats, which typically come with 99-year leases, are sold at subsidised prices. Grants are available to eligible buyers who meet certain conditions. 

Over time, HDB has become synonymous with providing young families high-quality and affordable housing. In the recent BTO exercise, applicants could apply for flats in various locations islandwide, including prime areas such as Mount Pleasant and Berlayar estate in the Greater Southern Waterfront.