30 Jan '14, 6am

Good read on the history of HUDC housing

Some of the pioneer HUDC estates, such as Braddell View (above), were conceptualised as green, sprawling spaces. Braddell View is the last HUDC estate moving towards privatisation. -- ST PHOTO: ALPHONSUS CHERN FIRST built as affordable homes for the sandwiched middle class, they were a ticket to a windfall three decades later. With the last HUDC estate heading towards privatisation - Braddell View - that chapter in Singapore's housing story is drawing to a close. It began with little fanfare in the Budget debate of 1974. MPs wanted middle-income earners to be able to buy private property with Central Provident Fund savings. Then Minister of State for Labour Sia Kah Hui turned them down, but signalled: the Government would be building, "in the very near future", flats for this exact middle-income group. Three days later, then Minister for Law and National Development E.W. B...

Full article: http://www.stproperty.sg/articles-property/singapore-prop...

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