Committee of Supply 2025 debate, Day 3: Cheryl Chan on meeting evolving housing needs
When will the government re-evaluate income thresholds and eligibility criteria for HDB loans, to help young couples and singles who want to purchase HDB flats? MP Cheryl Chan asked about this in parliament on Tuesday (Mar 4). She explained that many in the younger generation are being shut out as they secure better-paying jobs at an earlier age and buy their first homes later in life. Ms Chan also urged the government to give more flexibility to families with special needs children or adults who need to buy a home that meets their unique requirements. She also spoke on the long-term need to address social cohesion between those living in public and private housing.
When will the government re-evaluate income thresholds and eligibility criteria for HDB loans, to help young couples and singles who want to purchase HDB flats? MP Cheryl Chan asked about this in parliament on Tuesday (Mar 4). She explained that many in the younger generation are being shut out as they secure better-paying jobs at an earlier age and buy their first homes later in life. Ms Chan also urged the government to give more flexibility to families with special needs children or adults who need to buy a home that meets their unique requirements. She also spoke on the long-term need to address social cohesion between those living in public and private housing.
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