Housing types across mature and non-mature estates as well as prime locations will be studied. To address affordability concerns, some ideas being considered include “rent-to-own” models, where tenants have the option to buy their rental unit after some time. There’s also the possibility of buying homes sold with shorter leases, the report said.
Singles are largely shut out of Singapore’s subsidised housing programme that generally favours married couples. Some of the issues discussed at the event included restrictions on singles buying property in prime locations, the report said.
