Shift in Housing Policies

Recently, Mr. Khaw made the announcement that a rise of the income ceiling for EC condominiums and Build To Order apartments could occur as soon as August or September of this year.

It was during a live radio program on Capital 95.8 FM, MediaCorp’s own Chinese language station, that he said a person could come from an upper income bracket and not need an HDB flat. However, he felt it would be a benefit for nearly all Singaporeans to be given the opportunity of living n an HDB flat for 5 years, allowing them to interact with their community, which is a major part of Singapore’s way of life for High Park Residences.

High Park Residences Housing Policies

Presently Build To Order flats have an income ceiling of $10,000 and Executive Condos have a ceiling of $12,000. In August of 2011 both of these had been raised by $2,000, a …