These "white flats" will be piloted in a BTO project in Kallang-Whampoa that will be launched in October.
The project will include 80 three-room units and 230 four-room flats on a site near Lavender MRT station that is bounded by North Bridge Road and Crawford Street. Lee said young Singaporeans gave feedback during the Forward Singapore exercise that they wanted more flexibility to configure the spaces in their homes based on their needs at different life stages.
He added that if young Singaporeans decide to buy a flat shortly after starting work or finishing National Service, they would also get help in the form of a lower initial down payment. "That is why we are injecting HDB projects in very attractive locations within Singapore, in areas like the Greater Southern Waterfront, Bukit Timah Turf City and our city centre," he said, noting that priority will be given to those with specific needs, such as first-time applicants or those who wish to live near or with their parents.
"These are major transformations which take time, effort and resources to implement. We have to start now and plan carefully for the long term," he said.
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