Research On Housing System In Singapore

Singapore is a small country with scarcity of natural resources and narrow land area. Since the founding of the country, the government has been facing severe housing problems. However, as an island with very meager land resources and high population density in the world, Singapore Government achieved a real "Home Ownership" and offered very comfortable living condition for people, after50years of unremitting efforts. Singapore was rated one of the most suitable countries for human living by the United Nations. The Singapore government plays an extremely important leading role in aspect of solving housing problems. The two factors that make Singapore successful in promoting housing system are the Housing and Development Board as well as Central Provident Fund Board. These two statutory bodies play a crucial role. This paper has profound analysis and research to the housing system of Singapore. Firstly, it elaborates the history of the reform of housing system in Singapore, including the historical background of the creation of the system, the development of the system and improving process. Secondly, it has special analysis of the six features of the system, the special flats system in Singapore, complete Central Provident Fund, efficient land system,care for people, authoritative planning, powerful expenditure guarantee from government and complete law system. At last, it introduces the development of low income housing system in China, and deeply analyzes the existing problems of low income housing. Afterwards, it presents what Chinese low income housing should learn from Singapore’s "Home Ownership" housing system, including enlarging the coverage of low income housing, improving the mechanism of access and exit of housing system, enhancing government’s funding to low income housing, creating scientific and reasonable construction model, perfecting housing fund system and establishing profound law system of low income housing system.