Extension of Fresh Start Housing Scheme to Bigger Flats for Big Families

Parliament of Singapore · 1 April 2019

Official Report, 1 April 2019, Vol 94, Issue 102 · Open in the reader (summaries, search, filters)

22

Mr Murali Pillai asked the Minister for National Development whether the Fresh Start Housing Scheme, which currently covers the purchase of short-lease 2-room flexi flats, may be extended to allow persons with bigger families such as those with three or more children to purchase bigger flats on short-term leases.

Mr Lawrence Wong: HDB offers 2-room Flexi flats on shorter leases under the Fresh Start Housing Scheme to make home ownership more affordable for second-timer families with young children who are living in public rental flats. Many of these families already face challenges in affording the 2-room Flexi flats, even with the shorter leases and the Fresh Start Housing Grant. Hence, it would be even more difficult for them to purchase a bigger flat. We want to encourage home ownership for these families, but this has to be done in a sustainable way without overstretching their finances.

Source: Singapore Parliament Official Report (Hansard) for 1 April 2019. Republished on SGParliament.