SDP proposes public housing scheme to help young couples purchase flats
Posted by temasektimes on August 16, 2012
The prices of HDB flats have nearly doubled in the last ten years leading to an increasing number of young Singaporeans postponing marriage and starting a family of their own thereby contributing to Singapore’s dismal total fertility rate.
At the present moment, Singaporeans applying to buy HDB flats for the first time are given priority over other applicants. These buyers, under the Build-To-Order (BTO) scheme, are then given a queue position – determined by a computer ballot – to book a flat.
Under the SDP’s proposal, married couples who have children or are expectant and who are applying for flats in non-mature estates will be divided into the following categories:
Tier 1: Couples who have two or more children under the age of 12
Tier 2: Couples with one child under the age of 12 and expectant couples
Tier 3: Other first time applicants
Tier 4: All other applicants
Booking and buying a flat for the above categories of potential homeowners will be processed under two new schemes:
Young Families Priority Scheme-Sales of Balance Flats:
Buyers in Tiers 1 and 2 will be placed at the top of the queue for the Sales of Balance Flats (unbooked flats from earlier BTO exercises, Selective En-bloc Redevelopment Scheme replacement flats, and repurchased flats). If the number of Balance Flats are less than Tier 1 and 2 applicants, the unsuccessful applicants will automatically join YFPS-BTO (see below) and placed in pole queue positions for the Build-To-Order flats.
Young Families Priority Scheme-Build To Order
In any one application period under this phase, HDB will give buyers in Tier 1 the highest queue position to book a flat without having to go through a computer ballot. This will be followed by buyers in Tier 2. The queue positions of buyers in Tier 3 will be determined by ballot, followed by those in Tier 4.
Such priority allocation will ensure that couples who have children or are waiting to have children will be guaranteed a home in the shortest time possible. In addition, they get to choose the best flats available: high floor, best-facing, nearest MRT, etc – benefits which are considerable.
While the SDP has come up with numerous feasible alternative policies, the elected ‘opposition’ in parliament continues to sleep and divert public attention to trivial matters such as PSLE textbooks, overseas voting and use of roads by private land owners, leading many disgruntled voters to dismiss it as a ‘sham’ opposition or the PAP’s ‘B’ team as its MPs have publicly vowed to formed a coalition government with the PAP if it fails to win a majority in the next election.