Slightly over a week ago, Opposition Leader Pritam Singh put forth his arguments on why we should consider lowering the eligibility age for singles to buy an HDB BTO or resale flat from the existing 35 to 28.In his speech, Singh referenced the government’s latestand shared that the proportion of singles has increased across age groups, particularly the ones between the ages of 25-34. Between 2010-2020, the proportion of singles among residents aged 25-29 rose from 74.6 per cent to 81.
Singh also argued that there may be an assumption that offering flats to those younger than 35 would jeopardise the value of filial piety. Finally, he questioned the assumption that offering flats to 28-year-olds would discourage genuine interest in a long-term marriage. His counter-argument is that some people who want to be married are discouraged from tying the knot early because they prefer to have financial security before getting hitched and having children. If given the opportunity to own a flat earlier, a single person may concomitantly move on to marriage and parenthood.
, but is also mindful of their concerns. While it will study ways to assist them, lowering the age limit will mean rising demand and ensuring that there are sufficient land and resources for it.Sim’s response, emphasising that the government wants to be responsive to the evolving aspirations of Singaporeans. While singles today cannot buy an HDB resale or BTO on their own before they turn 35, they can do so by listing their parents as essential occupiers or co-owning with their single siblings.
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