THE NEW 10-YEAR MOP UNDER PLH: PITFALLS
The Ministry of National Development (MND) and the Housing & Development Board (HDB) announced the new Prime Location Public Housing model details on Oct 27 last year. The joint effort aims to curb rising housing costs and keep “public housing in prime locations affordable, accessible and inclusive for Singaporeans”.
Most citizens live in HDB flats, so housing should be accessible for all regardless of where the flats are located, especially for those situated in prime locations due to their accessibility and other benefits.
Although the government’s PLH model is an excellent move to curb rising HDB prices while creating more affordable housing for its citizens, there are certain pitfalls to be
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