1. The "housing shortage" at the beginning of the founding of the People's Republic of China gave birth to the "Home Ownership Scheme"
When Singapore was fully autonomous in 1959, it faced a serious "housing shortage", and the poor housing problem led to serious social instability. The Singapore government regards solving the housing problem as a basic national policy and puts forward the slogan of "home ownership".
2.HDB has helped Singapore achieve a housing ownership rate of nearly 100%.
Singapore's "apartments", called modular houses, are similar to China's affordable housing. In the past 50 years, the Housing Development Bureau has built 900,000 HDB units, 80% of the population live in HDB units, and 95% of them own HDB units, which is the only country in the world with a home ownership rate close to 100%.
3. Housing allocation: filial piety gives priority to buying a house, and fraudulent property buyers go to jail.
In order to encourage generations to live under the same roof and relatives of extended families to live together, the government specially designed a new apartment with three bedrooms and one living room, with the aim of facilitating young couples to take care of the elderly.
4. in response to national policies, priority can be given to buying a house.
In order to promote the implementation of other national policies, families who meet the priority purchase plan can get a flat faster and easier than ordinary families.
If you can't buy a house, you will be fined and imprisoned.
The price of the apartment is so favorable that buyers are certainly eager to buy it. However, if you buy a unit, you must live, or you will face high fines and imprisonment.
6. House price: an affordable house after working for 5 years.
The first floor of an apartment is generally an overhead floor, which is used as a space for residents' public activities, and part of it is set as a shop to provide convenience services for residents.
7. 100 flat price10.5 million RMB.
The price of a 100 square meter apartment is about S $300,000 (about RMB10.5 million), which is half of the price of private houses.
8. The elderly and low-income people have priority to enjoy low-cost housing.
For low-income Singaporeans who can't afford a house, they can rent an "apartment".
9. The provident fund system solves the housing fund problem.
1955, the Singapore government began to set up a provident fund, which, after years of evolution, has become the government's compulsory savings plan, including housing, insurance, children's education expenses or medical expenses.
10. Property right: individuals have no ownership, only 99 years' use right.
The apartment purchased by Singapore citizens only has the right to use for 99 years, and the ownership belongs to the Singapore government.
1 1. The government pays for the maintenance of the renovated apartment.
In addition to building new homes for citizens, Singapore also provides a "flat renewal plan" for old towns, and the cost of renewal and maintenance is almost entirely paid by the government.