New housing policies a priority: Wong

Romesh Navaratnarajah2 Oct 2015

New HDB flats

Incoming National Development Minister Lawrence Wong has pledged to continue the work started by his predecessor Mr Khaw Boon Wan.

“Boon Wan has done an excellent job in achieving a soft landing for the housing market. But the job is not done,” he wrote in his first blog post.

“I will continue the work, and I hope Singaporeans will give me suggestions and feedback so we can be even better.”

He revealed that his priority in the immediate term is to oversee the successful implementation of the 2-room Flexi scheme and recent policy changes that will take effect in the November Build-To-Order (BTO) exercise.

He added that work has already commenced on the Fresh Start Housing Scheme.

“We will announce the details in due course so that families with young children in rental flats can become homeowners again.”

And while providing affordable, quality homes remains a priority, improving HDB towns built in the 70s and 80s will also be his focus, he noted.

Nonetheless, he promised to keep MND’s tradition of listening, consulting and engaging all stakeholders.

For instance, the ministry has been gathering extensive feedback and ideas for the Jurong Lake District project.

“We will continue to talk to many more Singaporeans in this and other projects,” he said.

“I will also keep this blog alive as a way to reach out to everyone.”

 

Romesh Navaratnarajah, Singapore Editor at PropertyGuru, edited this story. To contact him about this or other stories email romesh@propertyguru.com.sg

Ah Loong
Oct 04, 2015
With the poor air quality in Singapore, I am wondering whether it is even worth spending so much on a Singapore property. The basic necessity for every human being is air and if even that is compromised, why even bother buying million dollar homes?
Alan Lim
Oct 04, 2015
Mr Wong, Property taxes for Singaporean, PR and foreigner should have some differences. Regards, Alan
pang
Oct 03, 2015
there is only one way to go for Singapore property,up up up bcos Sin is the only politically stable country in SEA, all the rich want to come here to park their $$$$$
Omar Khoo
Oct 02, 2015
When mr.Wong has achive a soft landing for the council housing market.The private housing market may have collapse prior to the achievement.
Lee Joo Mong
Oct 02, 2015
I am among those who are beginning to wonder how much longer can these be safe.
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