Economic Affairs

The tricky problem of HDB flats' lease decay

Decaying leases on HDB flats are a growing concern with no easy solutions

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Singapore's public housing programme, which has provided high-quality homes to more than 80 per cent of the population, is the envy of the world.

But almost 60 years on from the time when the first Housing Board flats came onto the market, the programme needs a major makeover. That's the broad conclusion of two recent studies on public housing reform.

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A version of this article appeared in the print edition of The Straits Times on December 18, 2019, with the headline The tricky problem of HDB flats' lease decay. Subscribe