Meanwhile, he added that existing non-mature estates are also steadily maturing as their transport links and amenities improve.
The government is looking to adjust the Housing Development Board’s (HDB) housing schemes to ensure that public housing is “accessible and affordable” for Singaporeans across all income groups, says Prime Minister Lee Hsien Loong in his National Day Message on Aug 8.
Lee was referring to the higher prices of flats in mature estates such as Queenstown, which are in “higher demand and so generally cost more” due to their better amenities and locations.
