Given the demand for HDB flats over the pandemic period, HDB has ramped up production of new flats in 2021/22, and we've seen flat prices reach their highest in close to a decade. In light of the present situation, it may seem a little crazy to think there may be too many HDB flats. However, Singapore's ageing population, coupled with.
We recently came across this article in Straits Times with quite eye-opening statistics on Singapore's ageing population: The proportion of Singapore residents who are seniors is estimated to double from 16 per cent in 2021 to 33 per cent by 2050. And, households in which all members were 65 and above doubled from 52,200 (4.6 per cent) in 2010 to.