May 20, 2014
In his President’s Address for the opening of Parliament on 16 May, President Tony Tan (pictured) said the government will continue to keep housing affordable for all Singaporeans, including helping low- and middle-income households to own HDB flats, and build up a nest-egg for retirement.Extended families can look forward to living closer to each other with new housing options.
Mr. Tan added the government will continue to upgrade HDB heartlands and neighborhoods, and integrate them with green corridors and waterways, as well as sports and leisure facilities.
To ensure the elderly have enough for their financial needs in their golden years, more options will be developed for them to unlock the value of their homes in their retirement.
Info courtesy - PropertyGuru.com.sg