Singapore News

News from Singapore

HDB will act if needed

Posted by jtsmyth8 on January 22, 2008

The Housing and Development Board (HDB) cannot accurately predict demand for HDB flats years down the road. However, it will be flexible and boost the supply of flats when needed, Minister of State for National Development Grace Fu said on Tuesday.

Ms Fu gave this assurance in response to a question from Mdm Cynthia Phua , MP for Aljunied GRC, who wanted to know how long newly married couples can expect to wait for a new flat.

With rising property prices and surging demand for HDB flats, some young couples have reportedly had to postpone their customary wedding ceremonies because they could not get a flat in time. (story)

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