Singapore’s HDB Blowing my mind

Okay so I was watching this program with my husband while on vacation and the guy was on youtube reviewing products. (unbox therapy??) These are the latest greatest, over the top, top of the line, innovative etc, etc. products.  So he mentioned that he finds a lot of cool stuff but some things really blow his mind so he tries to reserve that phrase {blow my mind}for the select few that really do a number on him.  So that comes to me now, the HBD blows my mind.  In fact it really opens and transforms my mind and thinking.

HDB is the Singapore Housing Department Board housing website

Here are some things that stood out.

“HDB flats are home to over 80% of Singapore’s resident population, with about 90% of these resident households proudly owning their home.

Home Ownership Scheme

In 1964, the government introduced the Home Ownership for the People Scheme to give citizens a tangible asset in the country and a stake in nation-building. This push for home ownership also improved the country’s overall economic, social, and political stability.


Financial planning

Apart from ensuring that our flats are affordably priced to help Singaporeans become home owners, we encourage financial prudence and forward planning. Since January 2007, flat buyers who would like to obtain an HDB loan to buy a new flat must have a valid HDB Loan Eligibility (HLE) letter before purchasing their flat. The HLE letter considers the flat buyer’s age, income, and other financial commitments to calculate the maximum amount loanable and expected monthly instalments to ensure he/ she is not financially overstretched.

Home Protection Scheme

The Home Protection Scheme (HPS) was implemented in 1981 and administered by the CPF Board. This scheme helps to ensure that dependants of our flat owners would not lose their homes because they are unable to finance their loan in the event of death or permanent incapacity of the sole breadwinner. “


How can you not be impressed by that!  I mean, they were so methodical about it.  Even in the national museum, they speak about it as its own subject area.  I was just blown away and would like to return to Singapore and stay in another part of the city just to observe.

This is why we travel: to learn while we observe! (besides eating)



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