28 Mar '16, 8am

Buying a home is a financial milestone. Considering the amount of money involved, it’s only prudent that you know...

Buying a home is a financial milestone. Considering the amount of money involved, though, it’s only prudent that you know as much you need before you make a decision. Read on to know more about your housing options in Singapore: Public Housing or HDB Today, Singapore has one of the highest homeownership rates around the globe. In 2013, resident households reached 90.5 percent, a dramatic jump from the 58.8 percent figure recorded in 1980, says Bloomberg Business . Among the many housing options that made this possible is the government’s own HBD housing. HDB flats are housing properties regulated as well as subsidized by the Housing and Development Boards. More than 80 percent of Singaporeans—the lion’s share of the population—now live in these apartments. It’s a cheaper alternative compared to private housing options. And so long as your household income matches the requi...

Full article: http://www.salary.sg/2016/knowing-which-housing-type-fits...

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