Economic Affairs

Helping HDB flats hold value: Use supply and demand moves

Redeveloping old estates will raise housing supply. But will population growth generate enough demand to maintain price levels, especially given gig economy workers' uncertain incomes?


Prime Minister Lee Hsien Loong's National Day Rally speech was welcomed for its focus on critical concerns relating to housing and health.

Economically, it laid to rest many uncertainties facing the occupants of ageing Housing Board (HDB) flats, as well as the elderly who are worried about healthcare costs. Politically, it was a master stroke for addressing concerns from the ground and coming up with practical solutions.

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A version of this article appeared in the print edition of The Straits Times on August 22, 2018, with the headline 'Helping HDB flats hold value: Use supply and demand moves'. Print Edition | Subscribe