Open Market Rental Affordability

MP Louis Chua

Mr Chua Kheng Wee Louis: Back in January this year, I asked MND whether the Government would consider providing a time-limited rental subsidy for rental flat applicants who qualify for the Parenthood Provisional Housing Scheme (PPHS) and Public Rental Scheme (PRS) respectively, provided that they are unable to find alternative temporary housing arrangements and have been unsuccessful in obtaining a flat from HDB after a pre-defined time period. 

 In the replies to many of my residents’ unsuccessful appeals to HDB, the open market appears to be HDB’s catch-all solution to those who have been unsuccessful in meeting their housing needs. Whether it is for those who qualify for, but are unsuccessful in obtaining a PPHS or PRS, those who are lucky enough to qualify for one but face long wait times or those who are not successful or successful in their BTO flat application.

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Yet, for various reasons, largely relating to the current demand and supply situation, open market rentals have continued to soar, and are increasingly out of many Singaporeans’ budgets. As it is, the qualifying criteria for the PPHS and PRS schemes are very stringent. So, I do hope the Government can reconsider my suggestion to maintain open market rental affordability.

Ministry of Manpower
2 March 2023

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