THEME: Public Housing - A Home for Every Singaporean

HDB's housing mission was originally premised on nation-building. Public flats were initially sold on a "construction cost-based" pricing policy to enable every citizen to own a HDB flat. Later, "land-cost" pricing was added and this eventually changed to "market pricing" which is based on resale prices. This last pricing policy has led to prices spiraling higher and higher, making owning a HDB flat out of reach for many young citizens today. 

These pricing changes ride on the back of promises to enhance assets and HDB's rigorous innovations to create public flats that are more like private apartments. These innovations moved HDB into the realm of real estate business, selling land to private developers. Consequently, a HDB flat can now cost more than a private apartment.

If nation-building is still HDB's sacred mission, then HDB has a duty to ensure that Singaporeans are the only ones who are eligible to buy HDB flats. If this is no longer its mission, then it should no longer be called the Housing Development Board.

As a public housing agency, HDB need not be concerned at all with the housing needs of foreigners and permanent residents. If foreigners and permanent residents choose to own their flat, they should look at private flats and not compete with Singaporeans for public flats which are built with taxpayers money.

HDB flats should also not be approved for use as dormitories for foreign workers or leased by HDB directly to foreigners or permanent residents.

HDB flats should not be acquired or rented to any public or private corporation, even if there are excess public flats. Excess flats ought to be rented out to meet the needs of Singaporeans who do not have the means to pay for a flat or are not yet ready to do so. In particular, 3- and 4-room rental flats should be made available to young couples, including single parents, who need a place with adequate living space to start a family and to raise children . 

If these measures are kept in place, there will be no need for HDB to keep building new flats. There will be more than enough flats if permanent residents are no longer allowed to own any public flat. HDB could revert to construction-cost pricing for new flats. In order not to impact upon the prices of existing flats which were bought based on market-pricing, these new flats that are sold more cheaply should not be re-saleable in the secondary market and must be re-sold to HDB when they are no longer needed.

Private developers are clearly motivated by profits. HDB should not sell land to private developers to build public flats and then disclaim any responsibility for building defects or non-compliance with building specifications. After-all, these flats are still sold with HDB's minimum occupancy requirement for resale which do not exist for private flats. If HDB chooses to disclaim such responsibility, then it should cease selling land to private developers. 

These are just some ideas. There are probably more and maybe better ideas that others may be able to come up with. Whatever it may be, we should not stop thinking of ways to improve our public housing predicament. May every citizen who needs a public flat be able to afford one without paying for it with an arm or a leg.