National Development Minister Khaw Boon Wan stressed that the government’s priority is to help Singaporeans own their first HDB flat.
“Our priority is to help Singaporean families own their first flat,” he said.
“I think our advice to our constituents is we will help you, we’ll help practically every Singaporean family to own their first flat, and buy within your budget and then please keep it.”
Mr Khaw was answering a question in Parliament yesterday on whether his ministry would consider restricting the sale of three-room or smaller flats to lower-income households only.
“Doing so will deprive flat owners of the full market value of their flats.”
He also noted that those who have never benefited from any housing subsidy “should get more subsidy than those who have already benefited once before.”
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