Current home owners important too: Dr Maliki

ANY housing policy change will have to acknowledge that many Singaporeans are already homeowners, Senior Parliamentary Secretary for National Development Mohamad Maliki Osman said on Wednesday.

"We can't view property void of the reality of hundreds of thousands of Singaporeans owning their own home," he said at an Our Singapore Conversation (OSC) session on different types of public housing.

"How we manage the property market will have an impact on current homeowners too, and we should not forget that," he said.

Dr Maliki added that the prices of new Build-To-Order (BTO) flats would have an impact on prices of resale flats in the same area.

At the session, current and future homeowners debated the future of executive condominiums (ECs), the Design, Build and Sell Scheme (DBSS), and HDB income ceilings.

The next OSC session is on May 23 and will focus on housing affordability.

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