HDB Annual Report 2020/2021

Mr Tan Meng Dui Chief Executive O cer HDB continued to deliver on the public housing programme amidst a turbulent year, and design endearing homes that meet Singaporeans’ life cycle needs. This commitment is articulated in our new ‘Designing for Life’ roadmap, which aims to further enrich the lives of our residents over the next decade, especially in the areas of health and wellness. Meeting Singaporeans’ Housing Needs This Financial Year (FY), we continued providing quality, a ordable and inclusive housing options to meet the diverse needs of Singaporeans across di erent life cycles. We launched about 17,400 Build-to-Order (BTO) flats and 5,200 Sale of Balance flats in both mature and non-mature estates, and made about 800 flats available through the open booking of flats. Under the BTO programme this FY, we completed more than 7,100 flats and issued over 6,200 keys to home owners. We also continued to rejuvenate and renew existing flats, and upgraded about 18,600 flats under our Home Improvement Programme (HIP). We also made it more convenient for flat buyers and sellers to gather information on their housing and financing options with the launch of the HDB Flat Portal in January 2021, therefore simplifying the process of buying and selling HDB flats. To ensure that housing in prime locations do not become gentrified over time, HDB and the Ministry of National Development have been engaging the public and various stakeholders to jointly create a new public housing model in prime areas. This is to ensure that future public housing remains a ordable and inclusive to Singaporeans from all walks of life, even as Singapore recycles land in prime areas and rejuvenates our estates in the years ahead. CEO’s Word 08 HDB ANNUAL REPORT 2020/21