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The Housing & Development Board (HDB) is Singapore’s public housing authority and a statutory board under the Ministry of National Development. It was established in 1960 to address the nation’s housing crisis. Today, about 82% of Singaporeans live in HDB flats, a significant increase from about 9% in 1960.
HDB provides flats for both rent and sale, typically on 99-year leases. The board also offers commercial and industrial premises for sale or lease. While it previously managed markets and hawker centres, these are now overseen by the National Environment Agency.
Key focus areas include:
• Planning and developing towns with quality and affordable homes.
• Ensuring cost-effectiveness and maintaining high construction standards.
• Providing residents with commercial, recreational, and social amenities.
• Upgrading and renewing older estates to keep them relevant.
• Supporting national objectives such as racial harmony and family ties through housing policies.
• Planning and developing towns with quality and affordable homes.
• Ensuring cost-effectiveness and maintaining high construction standards.
• Providing residents with commercial, recreational, and social amenities.
• Upgrading and renewing older estates to keep them relevant.
• Supporting national objectives such as racial harmony and family ties through housing policies.