New housing areas were announced:
- Ulu Pandan, Mount Pleasant, Keppel Club (in 2021).
- Bayshore (13 Oct 2023) in south-east Bedok.
- Chencharu (12 Jun 2024) in south-west Yishun.
- Mount Pleasant (2 Sep 2025) in west Toa Payoh.
Due to high demand for public housing and current towns getting full, new towns like Seletar and Simpang are likely to be announced during late 2020s, and the closure of Paya Lebar airbase in 2030s will make space for another HDB town.
To keep flats affordable in Central Region and reduce profit that owners will make at reselling, several schemes were proposed during 2010s, including introducing flats with shorter lease.
In 2021 HDB introduced Prime Location Housing, with minimum occupation period of 10 years instead of 5 years, no subletting whole flat, and must pay 6% clawback upon resale.
The success with PLH scheme determined HDB to reclassify new flats launched since 2024 as Standard, Plus, Prime. Details like MOP for each flat type are yet to be announced.
TO BE CONTINUED
