They are CEOs and they choose to live in HDB flats

They can easily afford private property, but some CEOs would rather live more simply in public housing and say they do not covet the prestige of more expensive homes

Two months ago, Mr Abel Ang, chief executive of Advanced MedTech, said to be the largest medical device company in Southeast Asia, wrote a column in The Sunday Times about living well within his means in an HDB flat and travelling by public transport.

The 46-year-old, who is also an adjunct associate professor at Nanyang Technological University, did not expect the reaction to his piece. More than 10 readers sent him messages via LinkedIn and other platforms.

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A version of this article appeared in the print edition of The Sunday Times on May 05, 2019, with the headline 'They are CEOs and they choose to live in HDB flats'. Print Edition | Subscribe