National Day Rally 2023 Housing Announcements – How it will impact the Market?

Video description from @alanweeproperty

National Day Rally 2023 Housing Announcements – How it will impact the Market?

Our Prime Minister announced during the National Day Rally on 20 August 2023. He mentioned 3 important housing plans. Firstly, including a new classification of flats to replace the mature and non-mature estate classification. Secondly, more housing options for single buyers. And thirdly, help Singaporeans age well in their homes and precincts.

I will explore the above in detail and sum it up with its impact on the HDB resale market.

Alan Wee
CEA Reg No. R024730A
https://wa.me/+6592973150
www.AlanWeeProperty.com (Resale)
www.AlanWee.com (New Homes)
youtube.com/@alanweeproperty
FB: www.facebook.com/AlanWeeProperty
I am a licensed housing agent with ERA Realty Network Pte Ltd.

References:
https://www.hdb.gov.sg/cs/infoweb/National-Day-Rally-2023-Housing-Announcements
https://www.hdb.gov.sg/cs/infoweb/about-us/news-and-publications/press-releases/20082023-New-Plus-housing-model-with-more-subsidies
https://www.todayonline.com/singapore/ndr-2023-bto-flats-choice-locations-classified-plus-2024-mature-non-mature-2236601
https://www.todayonline.com/singapore/government-working-new-pricing-model-hdb-flats-greater-southern-waterfront-lawrence-wong
https://www.channelnewsasia.com/singapore/prime-land-housing-hdb-bto-rochor-unit-subsidy-clawback-2320051
https://www.hdb.gov.sg/residential/buying-a-flat/finding-a-flat/plh
https://www.hdb.gov.sg/cs/infoweb/about-us/news-and-publications/press-releases/30052023-HDB-Launches-Nearly-7000-Flats-in-May-2023-BTO-and-SBF-Exercises
https://www.youtube.com/watch?v=lb71dcKmjSQ
https://www.forwardsingapore.gov.sg/
https://www.channelnewsasia.com/singapore/hdb-plus-flats-resale-rules-income-ceiling-30-month-wait-private-home-owners-3713366