PRs own under 5% of flats

[R4g3]

PERMANENT residents occupy less than 5 per cent of all Housing Board flats, and are living in estates across the island.

Nevertheless, the Government will keep an eye on the situation to ensure that no PR and foreigner enclaves develop.

National Development Minister Mah Bow Tan said this when responding to Dr Lim Wee Kiak (Sembawang GRC).

Dr Lim wanted to know the distribution of PRs across Housing Board estates, as well as whether the Government would consider expanding the current ethnic quota scheme to include PRs.

Mr Mah said PRs were already subjected to the same rules as Singaporeans, and that includes the Ethnic Integration Policy (EIP).

'The EIP was introduced to achieve a healthy racial mix in HDB estates and prevent the formation of ethnic enclaves, regardless of whether they are citizens or PRs,' he said. As of June 30 this year, PRs owned 42,800 flats - or just 4.9 per cent of the nearly 900,000 HDB flats islandwide.

Why they compare PR ownership with ALL HDB flats? If PR can only buy resale which is affecting the resale market badly with the high COV, what is the % of PR ownership for resale flats and the % of increase within this few years?

 

[littlefish]

The problem is not just restricted to HDB flats alone. Even if all PRs buy private, it will still have a huge impact on HDB flats because the HDB flat price is ultimately linked to the private market and attract only a so-called "market" subsidy.

 

[R4g3]

should the subsidy be in the form of % rather then fix amount?

example 30% of flat price, extra 10% if near parents rather then the same 30k+10k over so many years. in fact it has shrunk, it used to be 40k+10k.

 

[jacobsgoh]

Since when dwellers of HDB flats became owners, those flats are lky's family property- all occupants shall and always will be, tenants on certain period lease.

 

[commoner]

does the 5% includes those singapore husbands/pr wives and singapore wives/pr husbands?