JLL floats changes in S'pore's property sector in next 50 years
Relevance of HDB, for one, will be challenged amid slowing immigration, low fertility rates, high home ownership
Singapore
WHAT is the role of the Housing & Development Board (HDB) in an era of high home ownership? Can the Singapore government sell sites with more flexible zoning and intensity? How can we continue conservation efforts in the face of ever rising economic value of land?
These are among questions raised by JLL upon reviewing major policies and events that have shaped and defined Singapore's real estate market over the past 50 years.
Crystal ball-gazing into the next 50 years, JLL head of research for South-east Asia Chua Yang Liang noted that the relevance of HDB will be thrust into the spotlight amid slowing immigrat…
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