The Housing & Development Board is Singapore's statutory board responsible for the country's public housing. As of 2015, more than 80 percent of Singapore's population live in apartments provided by the board, of which another 80 percent own their own homes.Continue Reading
Largely credited with ridding the country of slums in the 1960s, the Housing & Development Board has built more than 1 million housing units to date and provides safe, quality and affordable housing to the country's residents. The board also provides commercial, recreational and social amenities around its housing developments.
The Housing & Development Board has a policy of mixing different income groups within its housing estates to avoid social stratification and conflict. The organization continues to upgrade older buildings by installing elevators and constructs studio apartments designed for its increasingly aging population.Learn more about Real Estate