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Young Singaporeans should ‘right-size’ housing aspirations at each life stage
A focus on capital appreciation and concerns about future affordability may have led young Singaporeans to overextend financially in a bid to get their “dream home”
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In many ways, the role of public housing mirrors the critical junctures in Singapore’s progression from Third World to First.
PHOTO: LIANHE ZAOBAO
Leong Chan-Hoong
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My wife and I bought our first Housing Board flat, a three-room resale unit, in 2000 while we were in our 20s.
It was an uncommon choice compared with the four-room or bigger units my peers more commonly preferred. But we selected a smaller, more affordable unit, given my plan to pursue education overseas.
