Assisted living to options for unwed parents: 5 changes HDB is making to make housing more accessible

SINGAPORE: Minister for National Development Lawrence Wong announced on Wednesday several measures meant to make housing more accessible to more Singaporeans.AdvertisementThe Housing and Development Board will be doing away with Re-Offer of Balance Flats exercises, meaning that most of the unsold Build-To-Order flats left over from Sale of Balance Flats exercises will be offered for open booking.

Unmarried parents can also continue to request to buy a resale flat. Those who cannot afford to buy a flat will be considered for a public rental flat."We are committed to supporting the efforts of our vulnerable groups, such as unwed parents, to ensure that their children have a stable home to grow up in, and a good start in life."Mr Wong announced enhancements to the Silver Housing Bonus and Lease Buyback Scheme that took effect immediately.

Additionally, HDB will remove the requirement for seniors to move from a larger to a smaller flat. As long as their second flat is three-room or smaller, seniors can qualify for the Silver Housing Bonus.Owners of three-room flats will now receive the new maximum bonus, up from S$20,000. HDB will launch a new type of development in Bukit Batok in May 2020, centered around assisted living for seniors.

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