31 May '14, 12am

Cooling Measures successful but unlikely to continue once economy stabilises. For the latest Week in Review, read

Cooling Measures successful but unlikely to continue once economy stabilises. For the latest Week in Review, read

The recently concluded HDB Sample Household Survey revealed that in 2013, 50% of married couples want to live with, or near their parents. 37% were doing so in 2013, compared to 31% in 2003. In his blog Minister for National Development Mr Khaw Boon Wan hinted that married couples who want to live with their parents could be given absolute priority, instead of just a greater priority in BTO applications, in support of his view that families should live close to one another. Mr Khaw also offered other suggestions aimed at bridging the gap between couples who want to live with their parents and those who are unable to. For example, the CPF Housing Grant given to eligible first-timers who buy a resale flat within the same estate as their parents could be raised from the current S$30,000 to S$40,000. Another suggestion is to build a larger proportion of bigger flats that can c...

Full article: http://www.iproperty.com.sg/news/8735/Week-in-Review---29...

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