28 Mar '15, 5am

We are greatly thankful to Mr Lee Kuan Yew's critical contribution to super high home ownership rate in Singapore.

Arguably one of Mr. Lee Kuan Yew’s greatest legacies to Singapore and to the world is his vision that home ownership is a key pillar of a strong society. His leadership has guided the creation of one of the most vibrant nations in the world and, in his words, it started with home ownership. In opening the [email protected], he remarked, “If all the HDB flats built over the past 50 years were rental flats, Singapore would be a very different society today. We would not have the stability, progress and prosperity that the stake in home ownership of a growing asset has made possible.” At SRX Property, we looked back through Mr. Lee’s speeches and writings and identified three values of home ownership: community, responsibility, and prosperity. In other words, Mr. Lee believed that home ownership acts as a glue to hold different ethnic groups together. A home is something that e...

Full article: http://www.srx.com.sg/srx/index.jsp?link=newsArticles&id=...

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