Commentary: More inclusive housing options for singles a small but still welcome change

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 55 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 66%

Property Property Headlines News

Property Property Latest News,Property Property Headlines

Singles will soon be able to apply for new two-room HDB flats in any location. The Institute of Policy Studies’ Tan Poh Lin considers the implications.

ideal housing - unlike adequate housing - is not an entitlement.prioritised for households that are on average largerAs it is, larger units are already heavily oversubscribed. In his speech, Mr Lee said that there werein the Ang Mo Kio Central Weave BTO project.

nd a four- or five-member family in a four-room flat of 100 sq m. This density will be lower for a single living alone in a two-room flatFor most, the living space offered by two-room units crosses the adequate housing threshold. Many elderly couples voluntarily downgrade to similarly sized homes that better meet their needs after their children leave the nest.

Interestingly, the reason is not that these singles were less interested in marriage or put in less effort to trying to find a life partner. While the researchers said it alone did not explain Japan’s trend towards fewer and later marriages, living in the parental home made singles more contented with their current state and less ready to move on to the next stage of life.

It is also important to include singles because it equips them to care for others in society. As the population ages and family sizes decline, singles are increasingly likely to be on the hook for caring for elderly parents, especially unmarried women.helps, by facilitating more intergenerational transfers of mutual help and care.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in PROPERTY

Property Property Latest News, Property Property Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Commentary: How the new HDB policies for Plus and Prime flats will promote housing mobilityThe property market in land-scarce Singapore is remarkably robust. Developments with good locational and site attributes could in fact enjoy substantial capital appreciation, helping their owners reap a hefty windfall when sold on the open market. As a result, housing here has been widely popular
Source: TODAYonline - 🏆 1. / 99 Read more »